10 Gansett Ave Cranston, RI 02920
- Showrooms
- 2,804 SF
- 0.26 lot acres
Current Use by Public Records
- Harold Crook's Garage / Auto Repair Shop / Auto Electrical Service
- U-Haul Neighborhood Dealer / Trailer Rental Service / Truck Rental Agency
Property Details for 10 Gansett Ave
- Year built
- 1960
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 0.26 lot acres
- Property size
- 2,804 SF
- Zone code
- C2
- Property type
- Showrooms
- APN
- CRAN M:7-5 L:3740 U:
- APU
- CRANM75L3740U
Description
This exceptional commercial property at 10 Gansett Avenue in Cranston, Rhode Island, presents a unique opportunity for business owners. Spanning 2,800 square feet on a 0.26-acre lot, this building is currently operating as a thriving automotive repair shop. The property boasts five spacious overhead bays, each equipped to handle vehicle servicing, complemented by multiple vehicle lifts. A comprehensive inventory of tools and equipment is included, ensuring a seamless transition for a new owner. The existing setup is fully operational and possesses all necessary licenses, offering a truly turnkey solution. Beyond the main workshop, the building includes dedicated office space, restrooms, and ample parking accommodating over 20 vehicles. This substantial parking area is ideal for businesses requiring space for both employees and customers. The building itself is well-maintained and offers significant adaptability, making it suitable for a variety of uses beyond automotive repair. Whether an established business seeking expansion or a new venture requiring substantial functional space, this property in a prime Cranston location presents a compelling investment opportunity. The asking price is $690,000.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $400,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $525,000
- 6.5%
- $485,000
- 7%
- $530,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $500,000
- Geo Method
- $485,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $430,000
- Retail
- $510,000
- Mixed-Use
- $430,000
- Hospitality
- $490,000
- Educational
- $400,000
- Residential Income
- $545,000
- Energy
- $470,000
- Income-Based Land
- $470,000
- Food Service
- $525,000
Location Insight
- Map
- Local Demand
- City
- Cranston
- County
- Providence
- State
- Rhode Island
- Longitude
- -71.452
- Latitude
- 41.7905
- CBSA code
- 39300
- CBSA name
- PROVIDENCE-NEW BEDFORD-FALL RIVER, RI-MA METROPOLITAN STATISTICAL AREA