Warehouse with Four-Unit Retail
For Sale
Contact for pricing
Pending
547-551 Park Ave, Cranston, RI 02910
Combined warehouse and retail improvements support a sale-leaseback structure with a one-year owner leaseback.
Property SizeContact for details
Days on Market145
Property Features for 547-551 Park Ave
General Information
Standard status
Pending
Property subtype
Industrial
Building Details
Buildings
1
Listing Agency:
Elite Commercial Realty
Listed By:
Michael Alves · License #REC.0016995
(401) 333-4900
Source:
Crexi
Added: Apr 11
Changed: Aug 31
Last Checked: Aug 30 at 11:24PM
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 Elite Commercial Realty
Investment Insights
Based on property information with market context.
The property combines an industrial warehouse with a legal four-unit retail building. The retail component has maintained the same tenant for 40 years, providing a long-established occupancy history within the asset. The warehouse component is positioned off Park Avenue and Elmwood.
A sale-leaseback structure is available, with the owner leasing the property back for one year after the sale. The offering includes both the warehouse and retail improvements at 547-551 Park Ave in Cranston, Rhode Island.
A sale-leaseback structure is available, with the owner leasing the property back for one year after the sale. The offering includes both the warehouse and retail improvements at 547-551 Park Ave in Cranston, Rhode Island.
Key Highlights
- Industrial warehouse included with legal 4‑unit retail building
- One‑year owner leaseback available following sale
- Retail building has had one tenant for 40 years
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
534
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
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 Industrial in Northeast region
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Similar Off Market Nearby
- Consumers' Moving and Storage — 750 Wellington Ave, Cranston, RI 02910
- COWS of Greater Providence — 750 Wellington Ave, Cranston, RI 02910
- Prime Storage — 1500 Elmwood Ave, Cranston, RI 02910
- Consumer's Moving & Storage — 530 wellington ave, cranston, ri 02910
- Public Storage — 604 Park Ave, Cranston, RI 02910
Frequently Asked Questions
What type of property is this?
Warehouse - Combined warehouse and retail improvements support a sale-leaseback structure with a one-year owner leaseback.
Where is this warehouse located?
The property is located at 547-551 Park Ave Cranston, RI.
What are key features of this property?
This property features: Industrial warehouse included with legal 4‑unit retail building; One‑year owner leaseback available following sale; Retail building has had one tenant for 40 years
