Property profile

10 Gansett Ave Cranston, RI 02920

OFF-MARKET
Showrooms
Property ID
US76-0097979
2,804 SF 0.26 ac lot Built 1960
Entity Owned 1-yr Hold ~ Est. High Equity
Saved · see the list in your Dashboard

Property summary

AI-generated overview

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.

Property profile

Verified
Property type Showrooms
Use group SHOW ROOM, WAREHOUSE
Year built 1960
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 2,804 SF
Lot 0.26 ac (11,400 SF)
Zoning code C2
APN CRAN M:7-5 L:3740 U:
UPID US76-0097979

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Auto Repair Shop
  • Car Rental Facility

Location

10 Gansett Ave Cranston, RI 02920-7320
Cranston metro Census 14000 PROVIDENCE-NEW BEDFORD-FALL RIVER, RI-MA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$400k

Owner & transaction history

since 2025
Last sale
$630,000
2 recorded transactions
2025
$630,000
2022
$425,000

Zoning & alternative use

C2 · Cranston, RI
Zoning description

The intent of this district is to provide Neighborhood Business including Commercial day care, Antiques, second hand shop, consignment shop

General category COMMERCIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 10 Gansett Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message