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    180 Ml St Cranston, RI 02905

    Sponsored
    For Lease
    $6 SF/Yr

    98,225 SF Manufacturing/Distribution Space

    Lot size:
    98,225 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    180 Mill Street, Cranston, RI 02905 presents a significant opportunity within the thriving Providence County industrial market. This 98,225 square foot industrial building, constructed in 1961, offers flexible space ideal for manufacturing or distribution operations. Currently, up to 60,000 square feet of contiguous space is available, divisible down to 20,000 square feet to accommodate various business needs. The property boasts a 3.58-acre lot and features seven loading docks, including one with convenient drive-in ramp access. The building benefits from recent upgrades, including fresh paint, new windows, and energy-efficient LED lighting throughout. The high ceilings, measuring 19 feet, provide ample vertical space for storage and operations. This multi-tenant property offers a prime location in Cranston, Rhode Island, providing easy access to major transportation routes and a skilled workforce. The available space is ready for immediate occupancy, presenting a unique chance to establish or expand your business in a well-maintained and strategically located facility. Contact us today to schedule a viewing and explore the possibilities.

    Property Features for 180 Ml St

    General Information

    Property type
    Distribution properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    98,225 SF
    Total Rate
    53205.21

    Building Details

    Year Built
    1961

    Unit(s) available at that property

    Space
    Available Space
    Size
    60,000 SF
    Rate per SF
    $6

    HighLights

    • Seven (7) trailer‑height loading docks.
    • One (1) ramped loading dock.
    • 19' clear ceiling heights.
    • 20' x 20' and 20' x 40' column spacing.
    • New paint and windows.
    • New LED lighting.
    Property Profile Location Intelligence

    Current Use by Public Records

    Manufacturing properties

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market 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
    -71.4119653
    Latitude
    41.7674606

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    FAQs

    What type of property is this?
    Distribution property - 98,225 SF Manufacturing/Distribution Space
    Where is this distribution property located?
    The property is located at 180 Ml St Cranston, RI.
    What is the lease rate?
    The lease rate is $6 SF/Yr.
    What are key features of this property?
    This property features: Seven (7) trailer-height loading docks.; One (1) ramped loading dock.; 19' clear ceiling heights.
    Request Owner's contact information
    180 Ml St Cranston, RI 02905
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    Cranston, RI 02905
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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
    180 Ml St Cranston, RI 02905
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