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Property profile & analytics
OFF-MARKET
Showrooms

727 Cranston St Providence, RI 02907-3058

2,380 SF 0.37 ac lot Built 1938
Entity Owned 3-yr Hold ~ Est. High Equity
Property ID
US76-0134380
Property summary
AI-generated overview

This exceptional commercial property at 727 Cranston Street, Providence, RI, presents a lucrative investment opportunity. Currently operating as a successful bar/lounge, this 2,400 square foot space offers significant potential for growth and expansion. The property sits on a 0.37-acre lot and includes a substantial paved parking area accommodating 50 vehicles, ensuring convenient access for patrons. The sale includes all existing equipment and supplies, providing a seamless transition for the new owner. The established business boasts a loyal clientele and a proven, profitable business model, minimizing the risk associated with new ventures. This turnkey operation is ideally situated in a prime Providence location, offering immediate income generation and the potential for further development and customization. The property's size, ample parking, and established clientele make it an attractive investment for those seeking a profitable and established business. The asking price is $635,000. This is a rare opportunity to acquire a thriving commercial property in a desirable location with significant upside potential.

Property profile
Verified
Property type Showrooms
Use group SHOW ROOM, WAREHOUSE
Year built 1938
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 2,380 SF
Lot 0.37 ac (16,151 SF)
Zoning code C-2
APN PROV M:42 L:452
UPID US76-0134380
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • La Santa Lounge Nightclub DJ & Entertainment
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Emm Construction LLC · 3 yrs held
Emm Construction LLC
since 2022
Last sale
$485,000
5 recorded transactions
2025
Price N/A
2025
Price N/A
2023
Price N/A
2023
Price N/A
2022
$485,000
Zoning & alternative use
C-2 · Providence, RI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

The intent of the C-2 General Commercial District is intended for more intensive commercial uses and key commercial nodes, including larger retail establishments

Zone name General Commercial District
General category COMMERCIAL
Zone area 911.10 ac
Source Realmo
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