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Mixed-Use Property with Storefront
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1538 Elmwood Avenue, Cranston, RI 02910

C5-zoned property combines a commercial storefront with two residential apartments and an adjacent lot.

Property SizeContact for details
Days on Market144

Property Features for 1538 Elmwood Avenue

General Information

Standard status Active
Property subtype Retail
Zoning C5

Units

Unit Mix 2 x 2BR/1BA
Multifamily Units 2

Additional Details

Road Access Yes
Listing Agency: Keller Williams Realty Leading
Listed By: Riley White · License #REB.0019467
Source: Crexi
Added: Apr 12 Changed: Aug 31 Last Checked: Aug 30 at 11:36PM

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 Keller Williams Realty Leading

Investment Insights

Based on property information with market context.

Located at 1538 Elmwood Avenue in Cranston, this mixed-use property includes a commercial storefront and two residential apartments. The storefront has a dedicated entrance and large display windows, while each apartment contains two bedrooms and one bathroom.

The offering also includes an adjacent lot, bringing the combined property area to over 10,000 square feet within the C5 zoning district. The site provides parking for commercial customers and residential occupants, with access to major transportation routes. The property supports a combination of commercial occupancy and residential use at a single location.

Key Highlights

  • Mixed‑use property with one commercial storefront and two residential apartments
  • Each apartment includes two bedrooms and one bathroom
  • Adjacent lot included with total property area of over 10,000 square feet

Property Analytics

Current Use

New England Highway ... Building Supply Uncle's Oil Co Big Box & Wholesale Store

Suggested Use

Top Pick Real Estate Agency Dental Office Restaurant Law Firm Pharmacy Auto Parts Store

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

2
Residential units
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

427
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

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - C5-zoned property combines a commercial storefront with two residential apartments and an adjacent lot.
Where is this mixed-use property located?
The property is located at 1538 Elmwood Avenue Cranston, RI.
What are key features of this property?
This property features: Mixed‑use property with one commercial storefront and two residential apartments; Each apartment includes two bedrooms and one bathroom; Adjacent lot included with total property area of over 10,000 square feet
(401) 333-4900 Call to check price and availability
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