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    357 Dyer Ave Cranston, RI 02920

    Sponsored
    For Sale
    $349,900

    Prime Cranston location, versatile building, 3,535 sq ft lot.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional Cranston, Rhode Island commercial property, located at 357 Dyer Avenue, presents a unique investment opportunity. Situated on a sizable 3,535 square foot lot, the property boasts a substantial building constructed in 1920. Its rich history includes a stint as the renowned Coffee's Restaurant, showcasing its prime location and high-traffic potential. Currently utilized as a manufacturing facility, the property's adaptability is undeniable. The building's size and the property's versatile zoning offer a wide range of possibilities for future uses, from retail and restaurant ventures to warehousing or distribution operations. The corner location ensures high visibility and accessibility, making it an ideal spot for a variety of businesses. With one building on a single unit, this property is ready for immediate occupancy or redevelopment, presenting a compelling opportunity for investors seeking a high-return investment in a thriving Rhode Island community. The asking price is $349,900. This property is located in Providence County, Rhode Island, zip code 02920.

    Property Features for 357 Dyer Ave

    General Information

    Property type
    Restaurants

    Building Details

    Year Built
    1920
    Buildings
    1
    Units
    1

    HighLights

    • $349,900 asking price.
    • 3,535 square foot lot.
    • 1920 construction.
    • One building on a single unit.
    • Located at 357 Dyer Avenue, Cranston, RI 02920.
    • Property includes land, retail, industrial, and office space.
    Property Profile Location Intelligence

    Current Use by Public Records

    Dina Manufacturing Co Manufacturer

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Cranston
    County
    Providence
    State
    Rhode Island
    Longitude
    -71.4582939
    Latitude
    41.8048264

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    FAQs

    What type of property is this?
    Restaurant - Prime Cranston location, versatile building, 3,535 sq ft lot.
    Where is this restaurant located?
    The property is located at 357 Dyer Ave Cranston, RI.
    What is the asking price?
    The asking price for this property is $349,900.
    What are key features of this property?
    This property features: $349,900 asking price.; 3,535 square foot lot.; 1920 construction.
    Request Owner's contact information
    357 Dyer Ave 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
    357 Dyer Ave Cranston, RI 02920
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