Retail Business for Sale in Providence, RI

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Retail Business
  • Location: Providence, RI 02906

Description

New-to-Market Retail 3,500 SF Former Bike Shop

Market Context

This retail in Providence, RI is listed for sale. It has been on the market for 163 days. Compare it against other retail listings for sale in Providence, RI — <a href="/search/sale/retail/rhode-island/providence">view the full market</a>.

As of Q4 2023, the Providence retail market showed a 1.9% vacancy rate, average asking rents near $20.86/SF/yr, and rents up 1.8% year over year. Source: Cushman & Wakefield Q4 2023 market report.

Rising rents point to a competitive market where well-priced, well-located assets trade quickly.

Retail market FAQ

Is the Providence retail market tightening or softening?
Vacancy is around 1.9%, with asking rents rising year over year (Q4 2023).

Unified Estimate

Very Low Confidence

$27.68/SF – $37.44/SF

Mid: $32.56/SF

Rate-first confidence-weighted blend with cost-of-business adjustment.

No local comparable sales were available, so this estimate is transferred from a comparable peer market — treat it as a rough indication only. Transferred from peer market indianapolis (similarity: 100%) with 6 comparable listings.

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