Property summary
This exceptional 1,280-square-foot freestanding restaurant building presents a unique owner/user opportunity in Cranston, Rhode Island. Located at 1009 Oaklawn Avenue, this property boasts a prime location within a thriving commercial area, offering excellent visibility and accessibility. The building sits on a substantial 26,000-square-foot lot and includes ample parking for 66 vehicles. The property is zoned Commercial Zone (C2), allowing for a variety of uses. The interior features a fully equipped kitchen, ready for immediate occupancy, with an anticipated available date of August 28, 2024. Benefit from the existing prominent signage and strong sales history associated with this location. This is an ideal opportunity for an established restaurant operator or a new business seeking a turn-key operation in a high-traffic area. The property's size and parking capacity provide significant advantages in a competitive market. The location offers strong retail synergy, ensuring a steady flow of potential customers. Don't miss this chance to acquire a well-established restaurant space with a proven track record in a desirable Cranston location. The property is vacant and ready for immediate possession.
Property profile
VerifiedCap rate & NOI
Current use
-
Restaurant
-
Atm
Location
Value estimations
Owner & transaction history
Zoning & alternative use
The intent of this district is to provide Neighborhood Business including Commercial day care, Antiques, second hand shop, consignment shop
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
C2 · Cranston, RIThe intent of this district is to provide Neighborhood Business including Commercial day care, Antiques, second hand shop, consignment shop
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
The intent of this district is to provide Neighborhood Business including Commercial day care, Antiques, second hand shop, consignment shop
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for C2 in Cranston, RI.
Registration is required before the official district profile is shown.
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
Registration is required before any owner information is shown.