540 Reservoir AVE Pending Save Request In-Person Tour Request Virtual Tour
Cranston,RI 02910
Key Details
Property Type Commercial
Sub Type Commercial
Listing Status Pending
Purchase Type For Sale
Square Footage 4,200 sqft
Price per Sqft $356
MLS Listing ID 1376775
HOA Y/N No
Abv Grd Liv Area 4,200
Year Built 1999
Annual Tax Amount $17,890
Tax Year 2024
Lot Size 0.436 Acres
Property Sub-Type Commercial
Property Description
Prime Investment Opportunity Fully Rented 3-Unit Strip Center Discover a rare opportunity to own a fully rented 3-unit strip center in the heart of Cranston's bustling retail & business corridor. Built in 1999, this well-maintained property offers a total of 4,200 square feet of versatile commercial space, situated on a highly visible, corner-lot location on one of Rhode Island's busiest state roads. Property Highlights: Fully Rented: All three units are currently leased, providing immediate and consistent rental income. Ample Parking: A spacious 19,000 sq. ft. parking lot offers convenience for tenants and their customers. High-Traffic Location: Positioned on two corners, this property benefits from excellent exposure and visibility in a thriving area with heavy foot and vehicle traffic. Surrounded by Businesses: Located near a mix of retail centers, restaurants, and professional offices, making it a destination for shoppers and commuters alike. Modern Build: Constructed in 1999, the building requires minimal updates, ensuring a low-maintenance investment. Investment Opportunity: This property presents a solid investment with immediate income potential in a prime Cranston location. Its strategic placement on Reservoir Ave. ensures long-term demand and steady appreciation. Schedule a private showing today to explore this outstanding investment property and secure your place in Cranston's thriving commercial market! Call for more information.
Location
State RI
County Providence
Interior
Heating Central
Cooling Central Air
Exterior
Utilities Available Natural Gas Connected,Sewer Connected
Street Surface Asphalt
Total Parking Spaces 20
Building
Sewer Connected
Water Connected
Structure Type Frame
New Construction No
Others
Tax ID 540RESERVOIRAVCRAN