Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search

    892 Oaklawn Ave Cranston, RI 02920

    Sponsored
    For Sale
    $1,049,000

    Prime Cranston location, high visibility, 4,200 sq ft.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional Cranston commercial property, located at 892 Oaklawn Avenue, presents a unique investment opportunity. The 4,200 square foot building, constructed in 1969, sits on a sizable 9,583 square foot lot and boasts a two-story design. The property includes 17 parking spaces, a significant advantage for both employees and customers. Interior features include vinyl flooring and updated bathrooms, complemented by central air conditioning for year-round comfort. Currently configured as a single unit, the building offers the potential for conversion back into three separate commercial or office suites, providing flexibility for future use and potential rental income. Its prime location on highly traveled Oaklawn Avenue, near Brayton Street and the Garden City Center Shopping Center, ensures high visibility and accessibility. The property's proximity to major highways and Providence further enhances its appeal to businesses seeking convenient access to transportation networks. This well-maintained building is ready for immediate occupancy and presents a strong return on investment. The property is zoned for a variety of uses, including office, retail, and specialty services.

    Property Features for 892 Oaklawn Ave

    General Information

    Property type
    Individual retail properties

    Building Details

    Year Built
    1969
    Buildings
    1
    Stories
    2
    Units
    1

    HighLights

    • $1,049,000 asking price.
    • 9,583 sq ft lot, 4,200 sq ft building, 17 parking spaces.
    • Two‑story, 1969‑built commercial building in Cranston, RI.
    • Located on highly traveled Oaklawn Ave, near Brayton St and Garden City Center.
    • Potential for conversion into three separate commercial/office suites.
    Property Profile Location Intelligence

    Current Use by Public Records

    Dr. Rafael A. Torres, ... Doctor Wajahat Faheem Psychiatrist

    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
    -71.4785308
    Latitude
    41.7475419

    Nearby Similar for Sale

    • $899,000
      0.34 Acres

      Versatile Commercial Property in Cranston

      Updated commercial property with income potential in a prime location.
      150 Burnside St, Cranston, RI 02910
      View Details
    • $725,000
      0.09 Acres

      Cranston Two-Family Home with Garage

      Well-maintained two-family home with garage and extra lot.
      51 Oakland Ave, Cranston, RI 02910
      View Details
    • $499,000
      Pending

      Cranston Multi-Family Home

      Charming multi-family home in Cranston, ideal for investors.
      32 Maplewood Ave, Cranston, RI 02920
      View Details
    • $579,900
      Pending

      Two-Family Home with Finished Third

      Two-family home near Garden City Shopping Center and major routes.
      1097 Pontiac Ave, Cranston, RI 02920
      View Details
    • $499,900
      Pending

      Cranston Two-Family Home For Sale

      Well-maintained two-family home in the heart of Cranston.
      130 Wollaston St, Cranston, RI 02910
      View Details
    • $649,000
      Pending

      Spacious Two-Family Home

      Two-family home in Knightsville neighborhood with recent updates.
      92 Rhode Island St, Cranston, RI 02920
      View Details
    • $449,900
      0.31 Acres

      Versatile Commercial Investment Opportunity

      Two properties in high-traffic location with diverse commercial potential.
      634 Park Ave, Cranston, RI 02910
      View Details
    • $550,000
      Pending

      Cranston Two-Family Home For Sale

      Two-unit property with garage, yard, and convenient location.
      1250 Cranston St, Cranston, RI 02905
      View Details
    • $665,000
      0.28 Acres

      New Construction Townhouse Style Duplex

      New construction duplex with modern design, ideal for investors.
      235 Main St, Cranston, RI 02921
      View Details
    • $364,900
      Pending

      Cranston Multi-Family Home For Sale

      Two-family home near Highway 95, Roger Williams Park, and Providence.
      545 Park Ave, Cranston, RI 02910
      View Details
    • $565,000
      0.15 Acres

      Cranston Two-Family Home Investment

      Two spacious units, potential for expansion, prime Cranston location.
      9 Southern St, Cranston, RI 02920
      View Details
    • $449,500
      0.12 Acres

      Well-Maintained Cranston Multi-Family Home

      Two-family home with separate utilities and ample parking.
      66 Clemence St, Cranston, RI 02920
      View Details

    FAQs

    What type of property is this?
    Individual retail property - Prime Cranston location, high visibility, 4,200 sq ft.
    Where is this individual retail property located?
    The property is located at 892 Oaklawn Ave Cranston, RI.
    What is the asking price?
    The asking price for this property is $1,049,000.
    What are key features of this property?
    This property features: $1,049,000 asking price.; 9,583 sq ft lot, 4,200 sq ft building, 17 parking spaces.; Two-story, 1969-built commercial building in Cranston, RI.
    Request Owner's contact information
    892 Oaklawn Ave Cranston, RI 02920
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    892 Oaklawn Ave
    Cranston, RI 02920
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    892 Oaklawn Ave Cranston, RI 02920
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.