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Property profile & analytics

190 Gansett Ave Cranston, RI 02910

  • Showrooms
  • 2,083 SF
  • 0.07 lot acres
Value Estimation
Location Intelligence
Property ID
US76-0035843
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Showrooms

Property Details for 190 Gansett Ave

Year built
1949
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Lot size
0.07 lot acres
Property size
2,083 SF
Zone code
C2
Property type
Showrooms
APN
CRAN M:6-3 L:2415 U:
APU
CRANM63L2415U

Description

This exceptional opportunity presents a thriving, established restaurant in Cranston, RI, complete with the building and ample parking. Located at 190 Gansett Avenue, this turnkey operation boasts high visibility and signage, ensuring strong customer traffic. The property includes two additional parking lots (lots 2416 and 2417), providing ample off-street parking for patrons. Inside, the spacious layout features a main dining area, a private room ideal for events, and two large private restrooms. A state-of-the-art security system, including cameras and a fire alarm system, ensures safety and peace of mind. The impressive kitchen is fully equipped with stainless steel refrigerators and freezers, spotless hoods with an Ansul system, and an ice machine – everything needed for seamless restaurant operation. A large granite-topped bar with ample seating adds to the inviting atmosphere. Extensive storage space is available in the basement, accessible via a ground-level loading door. The sale includes the business, all fixtures and appliances (as-is), and the building itself, representing a complete and ready-to-operate package. The property sits on a 0.22-acre lot and is offered at $800,000. This is a rare chance to acquire a successful, established restaurant with significant potential for continued growth. Don't miss this exceptional opportunity.

Value Estimation

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

    CAP return
    Estimation
    Estimation
    $255,000
  • CAP approach

    CAP return
    Estimation
    6%
    $350,000
    6.5%
    $330,000
    7%
    $330,000
  • Comparable approach

    Method
    Estimation
    Relative Method
    $325,000
    Geo Method
    $330,000
  • Alternative Use

    Use
    Estimation
    Distribution
    $275,000
    Retail
    $350,000
    Mixed-Use
    $315,000
    Hospitality
    $295,000
    Educational
    $275,000
    Residential Income
    $360,000
    Energy
    $290,000
    Income-Based Land
    $310,000
    Food Service
    $360,000

Location Insight

  • Map
  • Local Demand
City
Cranston
County
Providence
State
Rhode Island
Longitude
-71.451
Latitude
41.7846
CBSA code
39300
CBSA name
PROVIDENCE-NEW BEDFORD-FALL RIVER, RI-MA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$5,619
$25,700
$172,500
$198,200
-
$0.00
$0.00
$0.00
More about this property
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