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Second-Floor Office Space Available

980 Reservoir, Cranston, RI 02910

For Lease
$1,800/Mo

2,528 SF office space with up to ten rooms.

Space SizeContact for details
Days on Market273

Property Features for 980 Reservoir

General Information

Standard status Active
Property subtype Commercial

Taxes and HOA fees

Annual Taxes $12,296

Amenities

100 Amp Service

Building Details

Year Built 1940
Listing Agency: ALBERT REALTY INC., REALTORS
Listed By: SCARALIA GROUP
Source: Corcoran
Added: Feb 11 Changed: Aug 8 Last Checked: Sep 13 at 5:32AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of ALBERT REALTY INC., REALTORS

Rey
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Investment Insights

Based on property information with market context.

This second-floor office space, available for lease, encompasses 2,528 square feet and features up to ten individual rooms. The monthly rent includes heat. The building's location offers convenient access to Route 10, Route 95, and Route 295, situated between Park Avenue and Sockanosett Cross Road. Positioned at a busy traffic light on the corner of Nowell Road, the standalone building provides good visibility. The facility includes 16 parking spaces with an exit onto Nowell Road, facilitating access for employees and clients. This location is suitable for establishing a business presence.

Key Highlights

  • Convenient location with easy access to Route 10, Route 95, and Route 295.
  • High visibility corner location at a busy traffic light on Nowell Road.
  • 16 dedicated parking spaces with an exit onto Nowell Road.

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Max from RE/MAX Real Estate Agency Steven Jacques Realtor Real Estate Agency Francesca Gallonio - RE/MAX ... Real Estate Agency Elizabeth Brederson, RE/MAX ... Real Estate Agency Referral Maximum Real Estate Agency

Suggested Use

Top Pick Auto Parts Store Parking Lot & Garage Building Supply Big Box & Wholesale Store Storage Facility HVAC Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type
$1.28 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,294
Businesses Nearby

Demographics for 02910, RI

21,907
Population
9,319
Households
2.4
Avg Household Size
39
Median Age
30%
College-Educated
90%
High-School Grad
3.4 sq mi
ZIP Area
6,443
Density / Sq Mi
$85,909
Median Household Income
$47,538
Median Earnings
$1,385
Median Rent
$302,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Cranston, RI

$20.22 /SF/Yr
Avg Asking Price
$7.12–$33 /SF/Yr
Price Range
1,550 SF
Avg Space Size

This space is priced 58% below the average of $20.22 /SF/Yr.

Average Price Trend$/SF/Yr for Office Units in Cranston, RI

$21.24 Jul
$22.19 Aug
$19.63 Sep
$20.24 Oct

Properties on Market for Office Units in Cranston

Jul
Aug
Sep
Oct

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025

Frequently Asked Questions

What type of property is this?
Office unit - 2,528 SF office space with up to ten rooms.
Where is this office unit located?
The property is located at 980 Reservoir Cranston, RI.
What is the lease rate?
The lease rate is $1,800/Mo.
What are key features of this property?
This property features: Convenient location with easy access to Route 10, Route 95, and Route 295.; High visibility corner location at a busy traffic light on Nowell Road.; 16 dedicated parking spaces with an exit onto Nowell Road.
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