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    Cranston, RI
    Medical Premises

    Cranston, RI Medical Office Space for Sale

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    Coventry, RI Hope, RI West Warwick, RI Warwick, RI Johnston, RI East Greenwich, RI Providence, RI West Greenwich, RI
    Two-Story Medical Office Building
    Updated: Jun 13
    Two-Story Medical Office Building

    1302 Elmwood Avenue, Cranston, RI 02910

    $649,900
    3,588 sqft
    1988 B2‑zoned office building with multiple renovated units and separate private entrances
    First‑floor medical office layout with reception/waiting area, 6 office rooms, and large tiled bathroom (wheelchair accessibility and rear ramp)
    Second‑floor renovated unit with 3–4 rooms, full kitchen, laminate flooring, high ceilings, and large windows for natural light
    Lower‑level unit includes open floor area, 2 private rooms, bath, and oversized renovated kitchen
    Central heating and central air with heat pump, newer windows, and professionally painted interior
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    This listing looks promising.

    Here's a quick look at some key insights for

    1302 Elmwood Avenue, Cranston, RI 02910

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    • Est. Cap Rate

      7.1%
      Above avg (5.9%)

    • Est. NOI

      $46K
      Annual

    • Price @ 7% Cap

      $663K
      Above asking

    • Last Sold

      Jan 2008
      $340K

    • Property Type

      Commercial Office/Residential (Mixed Use)
      Built 1988
    View Property Analytics
    Medical Office Suites with Exam Rooms
    Updated: Jun 16
    Medical Office Suites with Exam Rooms

    5-1090 New London Ave, Cranston, RI 02920

    $159,900
    1,828 sqft
    Dental/medical office with 5 bright suites plus a large reception and waiting area
    Includes 5 exam rooms, office space, and a lab room all in one location
    Suites feature oversized windows for abundant natural light; shared break room, 2 bathrooms, and laundry room
    Over 50 on‑site parking spaces and easy access to Routes 95 and 295 and Oaklawn Ave; one bus line nearby
    Building offers 1,898 SF and includes a private secured storage area on the 3rd floor
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    Medical Office Suite with Exam Rooms
    Medical Office Suite with Exam Rooms

    1090 New London Avenue Unit 5, Cranston, RI 02920

    $159,900
    1,828 sqft

    Dental-ready medical space with multiple suites, exam rooms, and secured storage, supported by extensive parking and transit access.

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    Cranston Commercial Building For Sale
    Cranston Commercial Building For Sale

    761 Park Avenue, Cranston, RI 02910

    $559,900
    2,700 sqft

    2700 SF commercial building in high-traffic Cranston location.

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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Prime Cranston Retail/Office Opportunity
    Prime Cranston Retail/Office Opportunity

    1037 Reservoir Ave, Cranston, RI

    Contact for pricing
    10,000 sqft 0.69 AC lot

    High-visibility Cranston location suitable for medical, retail, or office use.

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    Based on your search, we've compiled 15 Potential Opportunities for your consideration. Besides 5 Active listings in Cranston, RI, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 2 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Corner Lot Office Building
    Corner Lot Office Building

    444 West Shore Road, Warwick, RI 02889

    $399,900
    1,716 sqft

    Brick front office building on a corner lot with private offices, plumbing, and basement storage for flexible professional use.

    View details
    Mixed-Use Building with Medical Office
    Mixed-Use Building with Medical Office

    1302 Elmwood Avenue, Providence, RI 02910

    $709,900
    3,588 sqft

    Medical office space and renovated residential units are housed in a B2-zoned building with central HVAC, updated windows, and parking.

    View details
    Adaptable Commercial Property For Sale
    Adaptable Commercial Property For Sale

    1196 Smith, Providence, RI 02908

    $299,900
    1,313 sqft

    Versatile commercial space suitable for office or residential conversion.

    View details
    Medical Building Investment Opportunity
    Medical Building Investment Opportunity

    1050 Warwick AV Warwick Avenue, Warwick, RI 02888

    $849,900
    7,751 sqft 0.75 AC lot

    Two-story medical building with expansion potential and ample parking.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Approved Medical Office Land
    Approved Medical Office Land

    28 Lumber St, Hopkinton, MA 01748

    $850,000

    Land approved for a 10,000 sq ft medical office.

    View details
    Norwich Commercial Parcel For Sale
    Norwich Commercial Parcel For Sale

    171 Otrobando Ave, Norwich, CT 06360

    $90,000

    Multi-use commercial land parcel in a convenient Norwich location.

    View details
    6.79 Acres on Merrow Road
    6.79 Acres on Merrow Road

    248 Merrow Rd, Tolland, CT 06084

    $700,000
    996 sqft 6.79 AC lot

    Commercial land with ranch home in technology campus zone.

    View details
    Corner Commercial Land Lot
    Corner Commercial Land Lot

    3280 E Main Street, Waterbury, CT 06705

    $199,000
    0.24 AC lot

    Corner lot zoned CA in Waterbury, offering approvals for a wide range of commercial and service uses.

    View details

    Off-Market Properties in Cranston, RI

    Consider similar Off-Market properties in Cranston, RI. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    1090 New London Ave
    Medical Office Space

    1090 New London Ave, Cranston, RI 02920

    Value Estimation by Request
    View details
    728 Pontiac Ave
    Office Units

    728 Pontiac Ave, Cranston, RI 02910

    Value Estimation by Request
    View details

    Cranston, RI Medical Office Space Market Trends and Statistics

    Explore 7 medical office space for sale in Cranston, RI, showcased through 5 active listings on our real estate platform. These investment opportunities span a total of 19,944 square feet of properties for sale, with an estimated market value of $1,529,600.

    Sale prices for medical spaces in Cranston, RI start at $159,900, averaging $382,400, and reaching up to $649,900 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Office Units 35
    Medical Office Space 8
    Office buildings 7
    Coworking space 4
    Creative space 1

    Demographics Overview

    Population 129K
    Population Growth (5Y) +1.0%
    Median Household Income $74,487
    College Educated 43.9%

    High-Yield Neighborhoods for Investment

    Identify Cranston submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    02920 $159.9K
    02910 $726.8K

    Taxes & Financing

    Tax Rate (average for all types) 2.76%
    Property Tax per SF $26.05 per SF
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Providence County

    New Delisted

    Total CRE Inventory on Market (SF)

    Property Size Breakdown

    The majority of commercial real estate listings in Cranston fall within the Under 2,500 square foot range.

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