180 Ml St Cranston, RI 02905
- Commercial real estate
- 2.81 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 180 Ml St
- Lot size
- 2.81 lot acres
- Zone code
- M2
- Property type
- Commercial real estate
- APN
- CRAN M:4-5 L:1102 U:
- APU
- CRANM45L1102U
Description
180 Mill Street, Cranston, RI 02905 presents a significant opportunity within the thriving Providence County industrial market. This 98,225 square foot industrial building, constructed in 1961, offers flexible space ideal for manufacturing or distribution operations. Currently, up to 60,000 square feet of contiguous space is available, divisible down to 20,000 square feet to accommodate various business needs. The property boasts a 3.58-acre lot and features seven loading docks, including one with convenient drive-in ramp access. The building benefits from recent upgrades, including fresh paint, new windows, and energy-efficient LED lighting throughout. The high ceilings, measuring 19 feet, provide ample vertical space for storage and operations. This multi-tenant property offers a prime location in Cranston, Rhode Island, providing easy access to major transportation routes and a skilled workforce. The available space is ready for immediate occupancy, presenting a unique chance to establish or expand your business in a well-maintained and strategically located facility. Contact us today to schedule a viewing and explore the possibilities.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $260,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $350,000
- 6.5%
- $355,000
- 7%
- $305,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $310,000
- Geo Method
- $290,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $290,000
- Retail
- $335,000
- Mixed-Use
- $315,000
- Hospitality
- $245,000
- Educational
- $335,000
- Residential Income
- $260,000
- Energy
- $330,000
- Income-Based Land
- $250,000
- Food Service
- $325,000
Location Insight
- Map
- Local Demand
- City
- Cranston
- County
- Providence
- State
- Rhode Island
- Longitude
- -71.4119
- Latitude
- 41.7666
- CBSA code
- 39300
- CBSA name
- PROVIDENCE-NEW BEDFORD-FALL RIVER, RI-MA METROPOLITAN STATISTICAL AREA