5 Forbes Street East Providence

$899,999
6,701 sq ft

The Property

Beautiful and Modern Retail Center Riverside

5-7 Forbes Street in Riverside, RI offers a rare opportunity to own a versatile 3-unit retail property in a highly visible neighborhood location. Two tenants will remain in place while the seller will vacate at closing, creating a wide-open space ideal for retail, restaurant, café, office, or service use. Featuring strong street frontage, ample parking, and excellent access to Providence and surrounding communities, this property presents both immediate income and value-add potential for investors or owner-users alike.

Investment highlights

• Prime Riverside location just minutes from Downtown Providence, offering strong commuter accessibility and dense surrounding residential neighborhoods.

• Positioned near the East Bay Bike Path, Crescent Park, and the Seekonk River waterfront, driving consistent local traffic and community activity.

• Convenient access to major routes including I-195 and Route 6, with nearby national retailers, restaurants, and everyday amenities supporting long-term retail demand.

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Listing Details

MLS Number

1416079

Lot Size:

0.50 acres

Features

  • Free Standing
  • Year Built: 1930

Market Trends for Commercial Properties
in East Providence

  • Overview
    Homes for Sale Today2-98.9% decrease in inventory
    New on Market *0100% increase in new listings
    Avg. Asking Price/Sq.Ft. *$0.00$0 increase in List Price/Sq.Ft.
    Avg. Sale Price *$0$0 increase in Avg. Sale Price
    Avg. Sale Price as % of Asking Price *%100% increase in Sales to List Price
    Avg. Sale Price/Sq.Ft. *$0.00$0 increase in Sale Price/Sq.Ft.
    Avg. Days on Market of Sold *0 increase in days on market

    * All data is calculated based on the last 30 days

  • Avg. Sale Price
  • Avg. Days on the Market
  • New Market Inventory
  • Lila's Estimate

    Realtors Property Resource

    This is an estimate home valuation provide by RPR. It is based on RPR’s estimate market value and not an appraisal. You can use it as a starting point on the home’s value.

    ...

    Zillow

    This is an estimate home valuation provide by Zillow. It is based on Zillow’s estimate market value and not an appraisal. You can use it as a starting point on the home’s value.

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