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Property profile & analytics
FOR LEASE
Commercial real estate

45 Newport Ave East Providence, RI 02916

4.6 ac lot
Entity Owned Free & Clear
Property ID
US76-0197623
45 Newport Ave, East Providence, RI 02916 For Lease
Contact for pricing 2,600 SF available
45 Newport Ave, East Providence, RI 02916
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Property summary
AI-generated overview

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 profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Lot 4.6 ac (200,376 SF)
Zoning code C3
APN EPRO M:401 B:01 L:008 U:
UPID US76-0197623
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Newport Plaza Shopping Center & Mall
  • Chelo's Hometown Bar & Grille Bar & Pub Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
NEWELL REALTY CORP
NEWELL REALTY CORP
Zoning & alternative use
C3 · Rumford, RI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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More about this property
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