1090 New London Ave, Cranston, RI 02920
This exceptional three-story, 13,000 square foot office building, constructed in 1987, is situated on a prime Cranston, Rhode Island location near Garden City. The property boasts 50 parking spaces and is conveniently located near Routes 95 and 295, as well as Oaklawn Avenue, and is on a bus line, ensuring easy accessibility. The building features five sunny suites, each with oversized windows, a large reception and waiting area, a break room, two bathrooms, and a laundry room. A significant highlight is the second-floor suite, offering over 1,800 square feet of usable space ideal for office, dental, or medical practices. Furthermore, a large, private, secured storage area is located on the third floor. The building is well-maintained and includes an elevator. This property is priced below assessed value, and seller financing may be available to qualified buyers. All offers will be considered. The building consists of one structure with three stories and is situated on a 13,000 square foot lot. This is a unique opportunity to acquire a versatile and well-located commercial property.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.