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Salon Studio Space
For Lease
$10 SF/Yr

505 Atwood Avenue, Cranston, RI 02920

Commercial/Business,Commercial Lease, Cranston, RI

Space SizeContact for details
Lot Size0.36 Acres
Days on Market351

Property Features for 505 Atwood Avenue

General Information

Property type Commercial Lease
Property subtype Other
Zoning C3
Parking 50
Security features Security
Interior features Ceiling Height (9 to 12 Ft)
Lot features Free Standing
Standard status Active
Size 1,160 SF
Lot size 0.36 Acres

Taxes and HOA fees

Tax Year 2023
Tax Annual Amount 25255

Utilities

Cooling system Central Air

Amenities

Security
on-site laundry
parking
Central AC
Wifi
Electric
heat
water
dumpster on site
key code entry
24 hour access
breakroom
lobby with seating

Building Details

Year built 1980
Number of units 5
Building materials Brick
Listing Agency: Keller Williams Coastal · Keller Williams Realty
Listed By: Robyn Dubois
Added: Oct 20, 2025 Changed: Sep 20 Last Checked: Oct 5 at 6:06PM
MLS# 1398365

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 1,160-square-foot salon and wellness property at 505 Atwood Avenue offers private studio units for independent operators within a cooperative setting. Available spaces may include windows, and interiors can be customized. The building is brick construction dating to 1980, with 9 to 12-foot ceilings and central air conditioning.

Shared features include on-site parking, laundry, a breakroom, a furnished lobby, Wi-Fi, electric, heat, water, a dumpster, security, and key-code entry. Access is available 24 hours a day. The property is located in Cranston, Rhode Island, and is zoned C3.

Key Highlights

  • 1,160 SF property at 505 Atwood Avenue, Cranston, RI 02920
  • Private studios with customizable interiors and options with or without windows
  • 24‑hour access with security and key‑code entry

Property Analytics

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Current Use

Honey Comb Studio Hair Salon Reena.Lash.Hair Hair Salon US Storage Space Storage Facility Hairby.MaddieMotivation Hair Salon Christopher Shane Hair Hair Salon

Suggested Use

Top Pick Real Estate Agency Building Supply Restaurant Auto Parts Store Dental Office Big Box & Wholesale 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

Yes
Utilities to site
NNN (Triple Net)
Lease Type
$1.50 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

854
Businesses Nearby
Balanced
Demand for This Use

Demographics for 02920, RI

37,791
Population
15,052
Households
2.5
Avg Household Size
43
Median Age
32%
College-Educated
88%
High-School Grad
8.9 sq mi
ZIP Area
4,246
Density / Sq Mi
$79,246
Median Household Income
$51,811
Median Earnings
$1,271
Median Rent
$336,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

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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Similar Off Market Nearby

  • Inner Chimes — 245 Phenix Ave, Cranston, RI 02920
  • HerPhoria Flow — 135 Atwood Ave, Cranston, RI 02920
  • Acupuncture & Wellness Center of Rhode Island, Inc. — 1681 Cranston St # H, Cranston, RI 02920
  • Sheila Baldt — 1681 Cranston St # H, Cranston, RI 02920

Frequently Asked Questions

What type of property is this?
Spa & wellness property - Private business suites with shared amenities, customizable layouts, and round-the-clock access in Cranston.
Where is this spa & wellness property located?
The property is located at 505 Atwood Avenue Cranston, RI.
What is the lease rate?
The lease rate is $10 SF/Yr.
What are key features of this property?
This property features: 1,160 SF property at 505 Atwood Avenue, Cranston, RI 02920; Private studios with customizable interiors and options with or without windows; 24‑hour access with security and key‑code entry
More about this property
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