1759 Mineral Spring Ave
North Providence, RI 02904
Retail Property For Sale

Marcus & Millichap is pleased to exclusively offer for sale the property located at 1759 Mineral Spring Avenue in North Providence, Rhode Island. The site contains a two-level, six-tenant strip center with a mix of local tenants, all of which are on short term leases, giving a developer the ability to rapidly implement plans to reposition the site. The center is on just under a half acre of land, with 9 parking spots in front of the building and an additional 18 parking spots in the rear. Aside from a 25-foot setback requirement at the rear of the site, there are no meaningful restrictions on how the parcel can be used, creating the opportunity for everything from some light cosmetic upgrades to the existing building to a complete reimagining of the location. Mineral Spring Avenue is a very busy retail corridor that is traveled by more than 22,000 vehicles per day. The property is equidistant from Route 146, less than 1.4 miles to the East, and Route 44, less than 1.5 miles to the West. The intersection of Mineral Springs Avenue and those highways see traffic counts of more than 70,000 vehicles per day and 47,000 vehicles per day respectively. The 3-mile Mineral Spring corridor between Route 44 and Route 146 is home to many national, regional, and local tenants, including McDonald’s, Lowe’s Home Improvement, AutoZone, Taco Bell, AT&T, Dunkin Donuts, Bank of America, Burger King, and many more. The property sits in a densely populated area, with more than 330,000 residents within a 5-mile radius of the site. The site is located steps from North Providence High School and sees a significant amount of foot traffic as a result, which is unusual for a such a busy corridor. The site has a Walk Score of 74.