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    45 Newport Ave East Providence, RI 02916

    Sponsored
    For Lease
    Contact for pricing

    High-traffic retail spaces, 1560-2600 sq ft.

    Lot size:
    2,600 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This East Providence, RI property offers two exceptional retail spaces totaling 4160 square feet at 45 Newport Ave, zip code 02916. One space is a former Little Caesar's restaurant, measuring 1,560 square feet, while the adjacent space offers 2,600 square feet of versatile retail area. These spaces can be leased individually or combined to create a larger footprint, perfectly suited for a variety of businesses. The property benefits from a highly visible location on Newport Avenue, a busy thoroughfare boasting a daily traffic count of 33,000 vehicles, ensuring maximum exposure for your business. Conveniently situated with signalized access shared with a CVS pharmacy, this location offers excellent customer accessibility. The property is located in Providence County, Rhode Island. This prime retail opportunity presents a unique chance to establish or expand your business in a high-traffic area with strong visibility and convenient access. The spaces are ready for immediate occupancy.

    Property Features for 45 Newport Ave

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    2,600 SF

    Unit(s) available at that property

    Space
    Former LIttle Caesars
    Size
    0 SF
    Space
    Available Space 1
    Size
    2,600 SF

    HighLights

    • 4,160 SF of retail space available at 45 Newport Ave, East Providence, RI 02916.
    • Two suites available: 1,560 SF (former Little Caesar's) and 2,600 SF.
    • Individual or combined leasing options available.
    • High‑visibility location on Newport Ave with 33,000 VPD.
    • Signalized access shared with a CVS.
    • Ready for immediate occupancy.
    Property Profile Location Intelligence

    Current Use by Public Records

    Newport Plaza Shopping Mall Chelo's Hometown Bar ... Bar & Grill

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    East Providence
    County
    Providence
    State
    Rhode Island
    Longitude
    -71.354468621292
    Latitude
    41.858284862125

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    FAQs

    What type of property is this?
    Retail property - High-traffic retail spaces, 1560-2600 sq ft.
    Where is this retail property located?
    The property is located at 45 Newport Ave East Providence, RI.
    What are key features of this property?
    This property features: 4,160 SF of retail space available at 45 Newport Ave, East Providence, RI 02916.; Two suites available: 1,560 SF (former Little Caesar's) and 2,600 SF.; Individual or combined leasing options available.
    Request Owner's contact information
    45 Newport Ave East Providence, RI 02916
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    East Providence, RI 02916
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    45 Newport Ave East Providence, RI 02916
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