Warehouse with Four-Unit Retail
For Sale
Contact for pricing
Pending
551 Park Ave, Cranston, RI 02910
Sale-leaseback property combines warehouse space with a legal multi-unit retail building.
Property SizeContact for details
Days on Market142
Property Features for 551 Park Ave
General Information
Standard status
Pending
Property subtype
Industrial
Building Details
Buildings
2
Tenancy
Multi
Listing Agency:
Elite Commercial Realty
(401) 479-6233
Listed By:
Michael Alves · License #REC.0016995
Source:
Crexi
Added: Apr 11
Changed: Aug 29
Last Checked: Aug 29 at 7:29PM
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.
This warehouse-oriented commercial property includes an industrial facility along with a legal four-unit retail building. The retail component has been occupied by one tenant for 40 years, while the owner will lease back the property for one year following the sale.
The warehouse space is located off Park Avenue and Elmwood. The offering combines industrial and retail improvements in a single commercial property, with the retail building providing four legally established units.
The warehouse space is located off Park Avenue and Elmwood. The offering combines industrial and retail improvements in a single commercial property, with the retail building providing four legally established units.
Key Highlights
- Legal 4‑unit retail building included
- Industrial and warehouse space included
- Owner will lease back the property for 1 year
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
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 - Sale-leaseback property combines warehouse space with a legal multi-unit retail building.
Where is this warehouse located?
The property is located at 551 Park Ave Cranston, RI.
What are key features of this property?
This property features: Legal 4‑unit retail building included; Industrial and warehouse space included; Owner will lease back the property for 1 year
