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Versatile Commercial Property in Cranston

150 Burnside Street Cranston, RI 02910

For Sale

$899,000

COMMERCIAL - Cranston, RI

Type:Office

Property size:

5,994 SF

Lot size:

0.34 Acres

Price / SF:

$149.98/SF

For Sale

$899,000

COMMERCIAL - Cranston, RI

Type:Office

Property size:

5,994 SF

Lot size:

0.34 Acres

Price / SF:

$149.98/SF

Added:: Dec 1, 2025
Days on Market:: 225
Last Refresh:: Jul 14 at 12:06 pm

Property Features for 150 Burnside Street

General Information

Property type: Commercial Sale
Property subtype: Office
Zoning: B-1
Rooms: Basement
Parking: 22
Security features: Security Lighting
Interior features: Ceiling Height (9 to 12 Ft)
Basement: Full
Standard status: Active
Size: 5,994 SF
Lot size: 0.34 Acres

Taxes and HOA fees

Tax Year: 2025
Tax Annual Amount: 10110

Utilities

Heating system: Central
Cooling system: Central Air
Water source: Public

Building Details

Year built: 1977
Floors in Building: 3
Number of units: 1
Building materials: Frame, Masonry

Listing agent Vickie Pizzarelli

Listing office Family First Realty Ri, Llc 160 Burnside Street, Cranston, RI

Listing date Dec 1, 2025

MLS# 1401034

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.

This commercial property in Cranston, Rhode Island, offers flexibility for various uses. Currently configured as professional office space, the building features three separate units, each with its own private entrance, which can be combined for a larger operation. The property has been updated with attention to detail. An oversized, heated two-car garage provides additional rental value and is suitable for contractors, specialty trades, storage, or supplemental commercial use. Located on a corner lot just off Reservoir Avenue, the site benefits from strong traffic counts, ample parking, and accessibility to Route 95, Route 10, and Route 6, with Providence minutes away. The property's zoning allows for professional offices, medical suites, salon studios, creative workspaces, daycare, or a church. It may also be suitable for conversion to multi-unit residential. The property has a size of 5994 square feet and sits on a 0.34-acre lot. The existing businesses are relocating, and only the real estate is for sale.

Key Highlights

Excellent location on a corner lot with high traffic, ample parking, and easy access to Rt 95, Rt 10, and Rt 6, minutes from Providence.
Flexible zoning suitable for offices, medical suites, salon studios, daycare, church, or multi‑unit residential conversion.
Turnkey condition with extensive updates, eliminating near‑term capital expenditures.

Local Financial Insights For Office B

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$120.1k	$20.04
− Vacancy	−$16.8k	−$2.81
EGI	$103.3k	$17.23
− OpEx	−$25.8k	−$4.31
NOI	$77.5k	$12.93

5,994 SF · lease $20.04/SF/yr · vacancy 14.00% · expense 25.00%

Alternative Uses

Best Use

Office B

$1.11M

$968.5K – $1.29M (±1% cap)

NOI $77,477 @ 7.0% cap · market cap 8.62%

Second Best

Healthcare Medical

$829.7K

$726.0K – $968.0K (±1% cap)

NOI $58,080 @ 7.0% cap · market cap 6.46%

Theoretical Best

Multifamily LT 5

$1.43M

$1.25M – $1.66M (±1% cap)

NOI $99,803 @ 7.0% cap · market cap 11.10%

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

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Senerchia & Senerchia P.C. Law Firm South Coast Title ... Title Company Dimension National Title ... Title Company Southcoast Title And Escrow Title Company

Suggested Use

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For sale
Office buildings
RI
Cranston
02910
150 Burnside Street

What type of property is this?

Office building - Updated commercial property with income potential and flexible zoning.

Where is this office building located?

The property is located at 150 Burnside Street Cranston, RI.

What is the asking price?

The asking price for this property is $899,000.

What are key features of this property?

This property features: Excellent location on a corner lot with high traffic, ample parking, and easy access to Rt 95, Rt 10, and Rt 6, minutes from Providence.; Flexible zoning suitable for offices, medical suites, salon studios, daycare, church, or multi‑unit residential conversion.; Turnkey condition with extensive updates, eliminating near‑term capital expenditures.

150 Burnside Street Cranston, RI 02910

COMMERCIAL - Cranston, RI

Property Features for 150 Burnside Street

General Information

Taxes and HOA fees

Utilities

Building Details

Investment Insights

Key Highlights

Local Financial Insights For Office B

Simulate Cap Rate and NOI

Alternative Uses

Property Analytics

Current Use by Public Records

Suggested Use

Similar For Sale Nearby

Cranston Commercial Property with Drive-Thru

Dental Office Suites with Parking

Renovated 4-Unit Corner Commercial Building

Two-Family Home with Extra Lot

Four-Unit Multifamily Property in Cranston

Two-Family Residential Income Property

Two-Unit Residential Income Property

Freestanding Three-Unit Office Building

Medical Office Condominium Suite

Three-Unit Mixed-Use Building with Storefront

Cranston Multi-Family Home on Double Lot

Three-Unit Residential Income Property

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