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    850 Manton Ave Providence, RI 02909

    Sponsored
    For Lease
    Contact for pricing

    High-traffic retail pad, prime location.

    Lot size:
    1,790 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 1,790 square foot freestanding building, situated on a 0.53-acre lot at 850 Manton Avenue in Providence, RI, presents a remarkable retail investment opportunity. Previously a car wash, this single-tenant property boasts excellent visibility and accessibility, benefiting from its location at the entrance to a Stop & Shop, one of New England's leading grocery stores. The property enjoys a high daily traffic volume of approximately 12,500 vehicles passing by on Manton Avenue. Its strategic placement within a thriving neighborhood center ensures strong foot traffic and convenient access for customers. Neighboring businesses include well-established national brands such as Wendy's, CVS, Family Dollar, Cumberland Farms, and Metro by T-Mobile, creating a synergistic retail environment. The building, constructed in 1979, is zoned for commercial retail use and offers ample parking, along with the potential for pylon signage, maximizing brand visibility. The entire 1,790 square feet is currently vacant, providing a blank canvas for a wide range of retail or service-oriented businesses. This property's combination of high visibility, convenient location, and strong surrounding businesses makes it an ideal investment for entrepreneurs seeking a thriving retail space in a densely populated area. The property's size and zoning offer flexibility for various business models.

    Property Features for 850 Manton Ave

    General Information

    Property type
    Land
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    1,790 SF

    Building Details

    Year Built
    1979

    Unit(s) available at that property

    Space
    Available Space
    Size
    23,087 SF

    HighLights

    • 1,790 SF retail building on a 0.53‑acre lot.
    • Single‑tenant occupancy, currently vacant.
    • Located at 850 Manton Ave, Providence, RI.
    • Built in 1979, zoned Commercial Retail.
    • High visibility location near Stop & Shop, Wendy's, CVS, and other national retailers.
    Property Profile Location Intelligence

    Current Use by Public Records

    Stop & Shop Pharmacy Pharmacy Gas Station - Stop ... Gas Station Wendy's Fast Food Restaurant Stop & Shop Grocery Store Citizens ATM Atm

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Providence
    County
    Providence
    State
    Rhode Island
    Longitude
    -71.4659043
    Latitude
    41.8329814

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    FAQs

    What type of property is this?
    Land - High-traffic retail pad, prime location.
    Where is this land located?
    The property is located at 850 Manton Ave Providence, RI.
    What are key features of this property?
    This property features: 1,790 SF retail building on a 0.53-acre lot.; Single-tenant occupancy, currently vacant.; Located at 850 Manton Ave, Providence, RI.
    Request Owner's contact information
    850 Manton Ave Providence, RI 02909
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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
    850 Manton Ave Providence, RI 02909
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