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1-23 Pier Marketplace Narragansett

Price Upon Request
16,731 sq ft

The Property

The Narragansett Pier Marketplace is the largest class A retail space in Narragansett Pier, and a mile from Route 1 with 40,000 cars/daily. Anchors include Trio Restaurant, Dunkin Donuts and Bank of America, in addition to four other National tenants. Steps from the best beach in New England, minutes from the University of Rhode Island, Wakefield and Newport, the Marketplace contains professional on-site property management and maintenance. The center is on 4 acres and contains retail, restaurants, services and class A offices, and is surrounded by 141 luxury ocean-front condominiums.

A significant portion of The Pier Marketplace is offered exclusively by Lila Delman for sale, which includes fee simple interest in a ground lease under building A as well as an undivided interest in buildings B, C and D including 111 parking spaces and shared rights to additional parking. The property also includes common interest/easements in certain travel ways within the Pier Village Marketplace which are shared with other users. Sales Offering Memorandum will be presented upon Confidentiality Agreement execution.

 

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Listing Details

Features

  • Located in the heart of Narragansett Pier, one of the hottest real estate markets in Rhode Island. Zoning designation is Urban Renewal District, which allows a wide range of commercial uses.
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