899 Cranston Street, Cranston, RI 02920
COMMERCIAL - Cranston, RI
- Added:
- Jun 25, 2026
- Days on Market:
- 3
- Last Refresh:
- Jun 27 at 4:06 pm
Property Features for 899 Cranston Street
General Information
- Property type
- Commercial Sale
- Property subtype
- Office
- Zoning
- C5
- Rooms
- Basement
- Parking
- 2
- Interior features
- Ceiling Height (7 to 9 Ft)
- Basement
- Full
- Standard status
- Active
- Size
- 1,566 SF
- Lot size
- 0.06 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 3679
Utilities
- Heating system
- Forced Air
Building Details
- Year built
- 1919
- Floors in Building
- 1
- Number of units
- 1
Listing agent Michelle Savastano License #REB.0016954 (401) 255-5530
Listing office Broadway Real Estate Group 335 Broadway, Providence, RI (401) 354-7969
Listing date Jun 25, 2026
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.
HighLights
- 4‑unit commercial building on a high‑visibility corner location
- Each unit has been recently renovated
- Year built: 1919
- Ceiling height: 7 to 9 ft
- Forced‑air heating
- Basement included
Overview
Located at 899 Cranston Street in Cranston, Rhode Island, the building occupies a high-visibility corner position with prominent street presence. The corner setting is designed to support customer-facing businesses and make each unit easy to find from the street. The property is zoned C5.
From a tenant or owner-user standpoint, the layout and refreshed finishes make this building practical for office, retail, salon, wellness, or other professional suite applications. As a multi-unit asset, it may also appeal to buyers seeking flexible tenancy options within a smaller commercial building where each unit has been updated for current-day occupancy. The combination of unit-level renovation and corner visibility supports a straightforward operating plan for a variety of commercial and healthcare-adjacent uses.
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $31.4k | $20.04 |
| − Vacancy | −$4.4k | −$2.81 |
| EGI | $27.0k | $17.23 |
| − OpEx | −$6.7k | −$4.31 |
| NOI | $20.2k | $12.93 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Cranston
- County
- Providence
- State
- Rhode Island
- Longitude
- -71.444421
- Latitude
- 41.802345
