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Property profile & analytics

1062 Reservoir Ave Cranston, RI 02910

  • Commercial real estate
  • 0.10 lot acres
Value Estimation
Location Intelligence

Current Use by Public Records

  • Joseph C Manera Jr Law Office / Attorney
  • KEY BANKRUPTCY / Attorney / Bankruptcy Service
  • FAMILYLEGAL / Attorney / Bankruptcy Attorney
  • Thomas M. Petronio / Legal Services
  • Davis Nancy M / Attorney

Property Details for 1062 Reservoir Ave

Year built
1947
Lot size
0.10 lot acres
Property type
Commercial real estate

Description

This exceptional commercial office building, situated on a prominent corner lot at 1062 Reservoir Avenue in Cranston, Rhode Island, presents a compelling investment or owner-occupancy opportunity. The property boasts a convenient location at the intersection of Reservoir Avenue and Crossway Road, offering excellent visibility and accessibility. The building features six ample off-street parking spaces, ensuring convenient parking for tenants and visitors. The interior comprises six private offices, providing flexibility for various business needs. Two well-maintained bathrooms cater to the occupants' comfort. A dedicated waiting room and spacious administrative areas enhance the professional atmosphere. The building benefits from a recently updated heating system, minimizing maintenance concerns and ensuring efficient energy consumption. The exterior is maintenance-free, reducing ongoing operational costs for the owner. Currently, individual offices are leased on a month-to-month basis, generating a consistent rental income stream. The 0.1-acre lot provides ample space for the building and parking. This property is ideal for an investor seeking a stable income-generating asset or a business owner looking for a well-equipped space to establish or expand their operations. The combination of its prime location, updated systems, and current rental income makes this a truly attractive proposition in the thriving Cranston market. Serious inquiries are encouraged to schedule a private viewing.

Value Estimation

Powered by Realmo proprietary methodology Last update: July 3, 2025
  • CAP approach

  • Comparable approach

  • Alternative Use

Location Insight

  • Map
  • Local Demand
City
Cranston
County
Providence
State
Rhode Island
Longitude
-71.4519
Latitude
41.7724
More about this property
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