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    3001 Main Rd Portsmouth, RI 02871

    For Lease
    $15 SF/Yr

    1560 sq ft Office/Retail Space, Prime Location

    Lot size:
    1,560 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional 1,560 square foot commercial space is located in the vibrant Portsmouth Plaza at 3001 E Main Rd, Portsmouth, RI 02871. Situated in a high-traffic area on East Main Road, this end-cap unit boasts excellent visibility and accessibility. The property is classified as retail and office space, suitable for a variety of uses, and is currently offered as a single-tenant occupancy. The space is a wide-open layout, ready for immediate occupancy and customization to suit the needs of the new tenant. The Portsmouth Plaza is a thriving commercial complex, home to a diverse range of businesses including a dance studio, physical therapist's office, liquor store, Dunkin' Donuts, and a karate studio, creating a strong and established tenant mix. This location benefits from its convenient placement on East Main Road, making it easily accessible for both local residents and commuters. The high visibility and established tenant base within the plaza make this an ideal opportunity for a business seeking a prominent location in a busy commercial center. The property's address is 3001 E Main Rd, Portsmouth, RI 02871. This is a single-tenant space perfect for a retail store or professional offices.

    Property Features for 3001 Main Rd

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    1,560 SF

    Unit(s) available at that property

    Space
    Size
    1,560 SF
    Rate per SF
    $15

    HighLights

    • 1,560 square foot retail/office space in Portsmouth Plaza, Portsmouth, RI.
    • High‑traffic end‑cap unit on East Main Road with excellent visibility and accessibility.
    • Wide‑open layout, ready for immediate occupancy and customization.
    • Strong tenant mix in established commercial plaza.
    • Single‑tenant space ideal for retail or professional office use.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Portsmouth Shopping Plaza ... Business Center Kelley Ann Dance ... Dance School H&R Block Tax Preparation Service Anchor Martial Arts Martial Arts School Custom Upholstery Services Upholstery Shop

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Portsmouth
    County
    Newport
    State
    Rhode Island
    Longitude
    -71.2457789
    Latitude
    41.6096202

    Nearby Comparable

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    Nearby Similar for Lease

    • $11 SF/Yr
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      Portsmouth Office & Warehouse Space

      Versatile Office/Warehouse in Portsmouth
      300 Highpoint Ave, Portsmouth, RI 02871
      View Details
    • $1,923 /Mo
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      Tradesman Space in Sakonnet Center

      1200 SF tradesman unit in Portsmouth's bustling town center.
      2451 E Main Rd, Portsmouth, RI 02871
      View Details
    • $8 SF/Yr
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      Aquidneck Island Industrial/Office Space

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    FAQs

    What type of property is this?
    Office Property / Space - 1560 sq ft Office/Retail Space, Prime Location
    Where is this office property / space located?
    The property is located at 3001 Main Rd Portsmouth, RI.
    What is the lease rate?
    The lease rate is $15 SF/Yr.
    What are key features of this property?
    This property features: 1,560 square foot retail/office space in Portsmouth Plaza, Portsmouth, RI.; High-traffic end-cap unit on East Main Road with excellent visibility and accessibility.; Wide-open layout, ready for immediate occupancy and customization.
    Request Owner's contact information
    3001 Main Rd Portsmouth, RI 02871
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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
    3001 Main Rd Portsmouth, RI 02871
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