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Clock Tower Square, Portsmouth RI: Shop, Dine, Work in One Convenient Place!

Posted by Jeff Brooks on Monday, January 12th, 2015 at 9:09am.

Commercial Condos for Sale or Lease in a 21st Century Town Square

Since it’s inception in 2005 Clock Tower Square has grown into a modern day Main Street USA. This mixed-use development with wonderful visibility and high curb appeal currently consists of 5 popular retail shops, 5 medical / professional offices and a stylish neighborhood restaurant and bar.

“It’s shaping up as we had hoped, says developer, Tom Graul. A thriving, Main Street shopping destination is the goal. Cooperative marketing drives traffic to everyone, and 40 small businesses will benefit from their proximity to each other. It's very satisfying.”

CLOCK TOWER'S PROFESSIONAL COMMUNITY:

PHASE 2 – 5 RETAIL SPACES & 5 OFFICES

The one-stop-shopping, dining, office concept has been so well received that developers are moving ahead with Phase 2 of 4. Phase 2 features Clock Tower’s signature gambrel roofs, and shingle style details – a modern take on classic New England architecture. This new building will be followed by two similar mixed use buildings arranged around the central square.  Upon completion, 20 retail shops and 20 offices will coexist an inviting complex in a convenient location for local shopping, dining and business. See 1st floor plan, second floor plan and loft level or give us a shout for pricing and other details.

TOWN SQUARE SHOPPING & BUSINESS

Rhode Islanders familiar with South County Commons and Garden City Shopping Center will recognize the local downtown feel – a throwback to America’s well loved Main Streets.  All units have ample parking, inviting sidewalks and street level entrances. The combination of office and retail spaces creates a vibrant atmosphere day in and day out. 

HEALTHY RETAIL DEMAND

Demographics support the need for a local shopping / business district in Portsmouth.  With nearly 4,300 households with average gross income in excess of $100,000/yr, the people of Portsmouth are ready to shop!

BUYING A COMMERCIAL CONDO

With a variety of space configurations and pricing options Clock Tower Square can accommodate nearly any commercial space requirement.  Prices for retail start at $160/SF and office space at $121/SF.  Leasing options are also available, but the current combination of affordable pricing and low interest rates are swaying most buyers in the direction of a purchase.

If you own a business you would like to relocate or expand, explore the options at Clock Tower Square. Or, if you live in Portsmouth and would like to see a particular store in your neighborhood, reach out to one of our skilled agents and we’ll work to help make it happen. 

Jeff Brooks, Realtor, Hogan Associates, 129 Bellevue Ave, Newport, RI  02840 401-484-7368, Jeff Brooks the REALTOR 

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