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Cranston Salon Studios for Rent
For Lease
$10 SF/Yr

505 Atwood, Cranston, RI 02920

Private studios with cooperative setting benefits in central Cranston.

Space SizeContact for details
Days on Market305

Property Features for 505 Atwood

General Information

Standard status Active
Property subtype Commercial

Taxes and HOA fees

Annual Taxes $25,255

Amenities

Central air
Laundry Room
Central Air Cooling
Circuit Breakers
Common Area

Building Details

Year Built 1980
Listing Agency: KELLER WILLIAMS COASTAL
Listed By: ROBYN DUBOIS
Source: Corcoran
Added: Oct 21, 2025 Changed: Aug 16 Last Checked: Aug 21 at 7:52AM

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 COASTAL

Investment Insights

Based on property information with market context.

Located in central Cranston, these salon studios offer private spaces with the advantages of a cooperative environment. Established five years ago, this location is expanding to a second building due to high demand. The studios are suitable for various businesses, including hair salons, permanent makeup artists, hair extension specialists, teeth whitening services, estheticians, threading salons, scalp micropigmentation, waxing salons, nail salons, tattoo parlors, massage therapists, barbers, and artists. The property provides on-site security, laundry facilities (third-party app payment), ample parking, central air conditioning, Wi-Fi, electric, heat, water, dumpster, key code entry, 24-hour access, a breakroom, and a lobby with seating. Units are available with or without windows and are fully customizable. The property size is 1270 square feet. Promotional rates are available until December 31st, including $199 per week for all single studios for six months, then full price; $275 per week for midsize studios for six months, then full price; and $250 per week for all double studios for three months, then full price. A signing bonus is offered for move-in dates on or before December 31, 2025, including one free week to apply by March 1, 2026.

Key Highlights

  • Move‑in Special: Reduced weekly rent for the first 3‑6 months (until Dec. 31st) on select studios.
  • All‑inclusive rent covering security, on‑site laundry, parking, central AC, Wifi, electric, heat, water, and dumpster.
  • 24/7 Access: Provides flexibility to operate your business at any time.

Property Analytics

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 Auto Parts Store Dental Office Restaurant 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

NNN (Triple Net)
Lease Type
$1.50 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

854
Businesses Nearby

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

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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Frequently Asked Questions

What type of property is this?
Coworking space - Private studios with cooperative setting benefits in central Cranston.
Where is this coworking space located?
The property is located at 505 Atwood Cranston, RI.
What is the lease rate?
The lease rate is $10 SF/Yr.
What are key features of this property?
This property features: Move‑in Special: Reduced weekly rent for the first 3‑6 months (until Dec. 31st) on select studios.; All‑inclusive rent covering security, on‑site laundry, parking, central AC, Wifi, electric, heat, water, and dumpster.; 24/7 Access: Provides flexibility to operate your business at any time.
More about this property
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