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1062 Reservoir Ave Cranston, RI 02910

Sponsored
For Sale
$379,900

Prime Cranston location, high rental income potential.

Description

Added:
Feb 3, 2025
Days on Market:
338
This exceptional commercial office building, situated on a prominent corner lot at 1062 Reservoir Avenue in Cranston, Rhode Island, presents a compelling investment or owner-occupancy opportunity. The property boasts a convenient location at the intersection of Reservoir Avenue and Crossway Road, offering excellent visibility and accessibility. The building features six ample off-street parking spaces, ensuring convenient parking for tenants and visitors. The interior comprises six private offices, providing flexibility for various business needs. Two well-maintained bathrooms cater to the occupants' comfort. A dedicated waiting room and spacious administrative areas enhance the professional atmosphere. The building benefits from a recently updated heating system, minimizing maintenance concerns and ensuring efficient energy consumption. The exterior is maintenance-free, reducing ongoing operational costs for the owner. Currently, individual offices are leased on a month-to-month basis, generating a consistent rental income stream. The 0.1-acre lot provides ample space for the building and parking. This property is ideal for an investor seeking a stable income-generating asset or a business owner looking for a well-equipped space to establish or expand their operations. The combination of its prime location, updated systems, and current rental income makes this a truly attractive proposition in the thriving Cranston market. Serious inquiries are encouraged to schedule a private viewing.

Property Features for 1062 Reservoir Ave

General Information

Property type
Other commercial real estate
Lot Size
4,356 SF

Building Details

Year Built
1947

Property Profile Location Intelligence

Current Use by Public Records

Joseph C Manera ... Attorney KEY BANKRUPTCY Personal Injury Attorney FAMILYLEGAL Attorney Thomas M. Petronio Legal Services Davis Nancy M Attorney

Suggested Use

Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Cranston
County
Providence
State
Rhode Island
Longitude
-71.45189
Latitude
41.77235

FAQs

What type of property is this?
Commercial real estate - Prime Cranston location, high rental income potential.
Where is this commercial real estate located?
The property is located at 1062 Reservoir Ave Cranston, RI.
What is the asking price?
The asking price for this property is $379,900.
More about this property
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