1296 Cranston Street Cranston, RI 02920
COMMERCIAL - Cranston, RI
Property Features for 1296 Cranston Street
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Parking
- 15
- Security features
- Security
- Interior features
- Ceiling Height (9 to 12 Ft)
- Standard status
- Pending
- Size
- 669 SF
- Lot size
- 0.09 Acres
Taxes and HOA fees
- Tax Year
- 2024
- Tax Annual Amount
- 3047
Utilities
- Cooling system
- Window Unit(s)
Building Details
- Year built
- 1920
- Floors in Building
- 1
- Number of units
- 1
- Building materials
- Frame
Listing agent Robert Crudale (508) 543-3922
Listing office Re/Max Real Estate Center 37 Sandy Bottom Road, Foxboro, RI (401) 823-7600
Listing date Apr 6, 2026
Copyright © 2026 State Wide MLS of Rhode Island, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Key Highlights
- High‑traffic location with high visibility.
- Stand‑alone building currently used as a restaurant.
- Ample parking with multiple access points.
Local Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $12.0k | $18.00 |
| − Vacancy | −$1.2k | −$1.85 |
| EGI | $10.8k | $16.15 |
| − OpEx | −$2.7k | −$4.04 |
| NOI | $8.1k | $12.11 |
