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Two-Unit Office Property
New
For Lease
$3,000/Mo

1016 Park, Cranston, RI 02910

Professional office space with on-site parking near banks, restaurants, and retail services.

Space SizeContact for details
Days on Market2

Property Features for 1016 Park

General Information

Standard status Active
Property subtype Commercial

Additional Details

Space Use Office

Taxes and HOA fees

Annual Taxes $2,025

Amenities

Circuit Breakers

Building Details

Year Built 1970
Listing Agency: COASTLINE REALTY LLC
Listed By: QING LU ZHU · License #REC.0018933
Source: Corcoran
Added: Sep 20 Changed: Sep 21 Last Checked: Sep 21 at 5:43AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of COASTLINE REALTY LLC

Investment Insights

Based on property information with market context.

This 4,080-square-foot office property at 1016 Park Avenue includes two commercial office units. Built in 1970, the space can accommodate professional operations such as medical, legal, or general business users, as identified for the property.

On-site parking supports staff and visitor access. The property is positioned near banks, dining options, and retail shops, providing convenient daily services in the surrounding Cranston area.

Key Highlights

  • 4,080 SF office property
  • Two commercial office units
  • Built in 1970

Property Analytics

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Open Analytics

Current Use

RI ChainBreakers Training Center Labor Ready Employment Agency

Suggested Use

Top Pick Parking Lot & Garage Storage Facility Locksmith Carpet & Flooring Store Tech Support Center Veterinary Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type
$1.32 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,501
Businesses Nearby

Demographics for 02910, RI

21,907
Population
9,319
Households
2.4
Avg Household Size
39
Median Age
30%
College-Educated
90%
High-School Grad
3.4 sq mi
ZIP Area
6,443
Density / Sq Mi
$85,909
Median Household Income
$47,538
Median Earnings
$1,385
Median Rent
$302,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Cranston, RI

$20.28 /SF/Yr
Avg Asking Price
$7.12–$28.33 /SF/Yr
Price Range
1,363 SF
Avg Space Size

This space is priced 57% below the average of $20.28 /SF/Yr.

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Office units - Professional office space with on-site parking near banks, restaurants, and retail services.
Where is this office units located?
The property is located at 1016 Park Cranston, RI.
What is the lease rate?
The lease rate is $3,000/Mo.
What are key features of this property?
This property features: 4,080 SF office property; Two commercial office units; Built in 1970
More about this property
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