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East Providence Retail Opportunity
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45 Newport Ave, East Providence, RI 02916

Retail spaces available on Newport Ave with high visibility.

Space Size2,600 SF
Days on Market947

Property Features for 45 Newport Ave

General Information

Standard status Active
Size 2,600 SF
Property subtype Retail

Building Details

Tenancy Multiple

Spaces For Lease

at 45 Newport Ave Contact us

Available Space 1

Size
2,600 SF
Type
Retail
Availability
Active
Contact us
Listing Agency: Tri Town Commercial Advisors
Listed By: Eric Szczepkowski · License #MA 9067351
Source: Crexi
Added: Jan 25, 2024 Changed: Aug 27 Last Checked: Aug 29 at 12:56PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Tri Town Commercial Advisors

Investment Insights

Based on property information with market context.

Located at 45 Newport Ave in East Providence, RI, this property offers a retail opportunity with two available spaces. One space is a 1,560 sq ft former Little Caesar's restaurant, and the other is a 2,600 sq ft retail space. These spaces can be combined. The property is situated on Newport Ave, which experiences a traffic count of 33,000 vehicles per day. The property shares signalized access with CVS.

Key Highlights

  • High traffic count of 33,000 vehicles per day ensures maximum business exposure.
  • Signalized access shared with CVS enhances customer accessibility.
  • Two available spaces (1,560 sq ft and 2,600 sq ft) offer flexible options.

Property Analytics

Current Use

Newport Plaza Shopping Center & Mall Chelo's Hometown Bar ... Bar & Pub

Suggested Use

Top Pick Real Estate Agency Law Firm Restaurant Building Supply Dental Office Spa & Massage Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

461
Businesses Nearby
138k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 27% Dining 26% Apparel 25% Groceries 16%
Burlington Apparel
32,055 visits/mo 0.2 miles
Aldi Groceries
22,484 visits/mo 0.2 miles
Dollar Tree Shops & Services
15,087 visits/mo 0.1 miles
Hibachi Grill & Supreme Buffet Dining
12,971 visits/mo 0.1 miles
Dunkin' Donuts Dining
11,336 visits/mo 0.1 miles

Demographics for 02916, RI

8,350
Population
3,941
Households
2.1
Avg Household Size
46
Median Age
43%
College-Educated
91%
High-School Grad
2.7 sq mi
ZIP Area
3,093
Density / Sq Mi
$96,293
Median Household Income
$60,155
Median Earnings
$1,267
Median Rent
$360,400
Median Home Value

Market

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Retail spaces available on Newport Ave with high visibility.
Where is this retail space located?
The property is located at 45 Newport Ave East Providence, RI.
What are key features of this property?
This property features: High traffic count of 33,000 vehicles per day ensures maximum business exposure.; Signalized access shared with CVS enhances customer accessibility.; Two available spaces (1,560 sq ft and 2,600 sq ft) offer flexible options.
(617) 454-4460 Call to check price and availability
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