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55 Douglas Pike 18,000 SF 100% Leased Retail Building Smithfield, RI 02917 $5,900,000 ($327.78/SF) 3.52% Cap Rate
Executive Summary
Key Features:
Fully leased, stabilized investment property
Mixed-use building with retail and office tenants
Drive-thru unit in place
Elevator-served building for accessibility
Ample on-site parking for tenants and visitors
Excellent visibility on Douglas Pike, a high-traffic corridor
Property Facts
Amenities
- 24 Hour Access
- Tenant Controlled HVAC
Space Availability
- Space
- Size
- Space Use
- Position
- Available
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.
| Space | Size | Space Use | Position | Available |
| 2nd Floor | 1,300 SF | Office/Retail | - | Mar 2026 |
2nd Floor
| Size |
| 1,300 SF |
| Space Use |
| Office/Retail |
| Position |
| - |
| Available |
| Mar 2026 |
2nd Floor
| Size | 1,300 SF |
| Space Use | Office/Retail |
| Position | - |
| Available | Mar 2026 |
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.
Property Taxes
| Parcel Number | SMIT-000040-000000-000446 | Improvements Assessment | $2,088,500 |
| Land Assessment | $304,000 | Total Assessment | $2,392,500 |
Property Taxes
Presented by
Garwaine Realty, Inc.
55 Douglas Pike
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