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55 Douglas Pike 1,300 - 4,800 SF of Space Available in Smithfield, RI 02917
Highlights
- Ample on-site parking
- Flexible commercial spaces available
- Excellent visibility along Douglas Pike (Route 7)
Space Availability (2)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor - 104 | 3,500 SF | Negotiable | $15.00 /SF/YR $1.25 /SF/MO $52,500 /YR $4,375 /MO | Triple Net (NNN) | ||
| 2nd Floor | 1,300 SF | Negotiable | $10.00 /SF/YR $0.83 /SF/MO $13,000 /YR $1,083 /MO | Triple Net (NNN) |
1st Floor - 104
±3,500 SF Commercial Space for Lease | 55 Douglas Pike, Smithfield, RI Recently renovated commercial space available for lease at 55 Douglas Pike in Smithfield, Rhode Island. This highly visible property offers flexible layout options and is well-suited for restaurant, retail, or medical use. The space features new HVAC systems, two ADA-compliant restrooms, and one additional employee restroom. The property includes three separate entrances, allowing for efficient customer flow and potential multi-use configurations. A large outdoor patio is available with seating capacity for up to 25 patrons, providing added value for food and beverage operators. Great for Medical, Retail and restaurant use. Ownership is open to build-to-suit improvements, allowing tenants to customize the space to meet their operational needs. The property is located along a well-traveled commercial corridor and is minutes from Mineral Spring Avenue, Route 295, and Route 146, offering excellent regional accessibility.
- Lease rate does not include utilities, property expenses or building services
- Central Air and Heating
- Private Restrooms
- Corner Space
2nd Floor
Commercial Space for Lease – 55 Douglas Pike, Smithfield, RI Available for lease is a 1,300 SF second-floor commercial unit at 55 Douglas Pike in Smithfield, RI. The space offers elevator access, providing convenient entry for clients, staff, and equipment, and is well-suited for a small gym, fitness or yoga studio, wellness use, or professional office. The unit features a flexible layout that can support an open studio concept or private offices. Located in a well-maintained commercial building with ample on-site parking, the property benefits from excellent accessibility and strong local visibility. The site is minutes from Mineral Spring Avenue and provides quick access to I-295 and Route 146, making it easy to reach from surrounding communities. This is a great opportunity for businesses seeking an accessible, functional space in a desirable Smithfield location.
- Lease rate does not include utilities, property expenses or building services
- Mostly Open Floor Plan Layout
- Central Air and Heating
- Open-Plan
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
Property Facts
| Total Space Available | 4,800 SF | Gross Leasable Area | 18,000 SF |
| Property Type | Retail | Year Built | 2007 |
| Property Subtype | Bar | Parking Ratio | 4.11/1,000 SF |
| Total Space Available | 4,800 SF |
| Property Type | Retail |
| Property Subtype | Bar |
| Gross Leasable Area | 18,000 SF |
| Year Built | 2007 |
| Parking Ratio | 4.11/1,000 SF |
About the Property
Strategically located just minutes from Mineral Spring Avenue (Route 5), Route 146, and Interstate 295, the property offers excellent accessibility and strong area traffic, placing businesses in the center of one of Northern Rhode Island’s most active commercial corridors. The building features multiple commercial suites with flexible square footage, making it ideal for retail, restaurant, medical, studio, fitness, or professional office users. Planned improvements and recent updates provide tenants the opportunity to secure space in a refreshed building while tailoring interior layouts to their operational needs.
- 24 Hour Access
- Tenant Controlled HVAC
Presented by
Garwaine Realty, Inc.
55 Douglas Pike
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