Property profile

243 Wickenden St Providence, RI 02903

OFF-MARKET
Retail properties & Spaces
6,520 SF
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Property summary

AI-generated overview

This exceptional 6,520 square foot retail property is located in Providence's vibrant Fox Point district, a submarket experiencing significant growth. Situated at a signalized intersection on Brook Street, this single-tenant building offers unparalleled visibility and accessibility. The building, a Class B property, underwent renovations in 2024. Currently, 1,534 square feet are vacant, presenting a unique opportunity for a new tenant. The property boasts a four-story structure with convenient on-site parking for 10 vehicles, a rare amenity in this location. The Commercial Mixed Use zoning allows for a variety of businesses. Its strategic location serves as a gateway to Brown University and the Rhode Island School of Design, benefiting from a highly walkable area and a diverse, affluent demographic. This prime retail space offers exceptional brand exposure and is ideal for local, national, or international businesses seeking to establish or enhance their presence in the Providence market within Providence County. The property is part of the East Side of Providence submarket cluster.

Property profile

Verified
Property type Retail properties & Spaces
Total area 6,520 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Home Decor Store (Bike/Boat/Book/etc) Store

Location

243 Wickenden St Providence, RI 02903
Providence metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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