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    26 Field St Cranston, RI 02920

    For Sale
    $3,495,000

    Prime Cranston location, 19,735 SF lot, $3.495M

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    361
    This exceptional commercial property presents a unique investment opportunity in Cranston, Rhode Island. Located at 26 Field Street, this 19,735 square foot lot boasts a 4,160 square foot building constructed in 1941. The property features a single building with convenient access to major roadways including Route 10, Cranston Street, and Reservoir Avenue, ensuring high visibility and easy accessibility for customers and employees. The building includes four drive-in doors, ideal for loading and unloading, and a small office space for administrative needs. This versatile property is well-suited for a variety of commercial uses. The sale includes certain equipment and machinery, adding further value to this already attractive offering. The asking price for this prime Cranston commercial property is $3,495,000. This is a rare opportunity to acquire a well-located, established commercial property with significant potential. The property's size and features make it an ideal investment for businesses seeking a strategic location in a thriving commercial area. The inclusion of equipment and machinery further enhances the value proposition. Serious inquiries are encouraged to explore this exceptional opportunity.

    Property Features for 26 Field St

    General Information

    Property type
    Retail properties

    Building Details

    Year Built
    1941
    Buildings
    1
    Units
    1
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Cranston
    County
    Providence
    State
    Rhode Island
    Longitude
    -71.4481076
    Latitude
    41.7957666

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    FAQs

    What type of property is this?
    Retail property - Prime Cranston location, 19,735 SF lot, $3.495M
    Where is this retail property located?
    The property is located at 26 Field St Cranston, RI.
    What is the asking price?
    The asking price for this property is $3,495,000.
    Request Owner's contact information
    26 Field St Cranston, RI 02920
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    Cranston, RI 02920
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    26 Field St Cranston, RI 02920
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