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Property profile & analytics

1009 Oaklawn Ave Cranston, RI 02920-2601

  • Showrooms
  • 1,287 SF
  • 0.60 lot acres
OFF-MARKET
Last Sale
Dec 27, 2024
$1,100,000
Value Estimations
$1,100,000
Show details
Cap Rate Potential
Location Intelligence
Property ID
US76-0103984
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

  • Wein-O-Rama / American Restaurant / Breakfast Restaurant
  • Atlas ATM / Atm

Property Details for 1009 Oaklawn Ave

Year built
1962
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Lot size
0.60 lot acres
Property size
1,287 SF
Zone code
C2
Property type
Showrooms
APN
CRAN M:18-4 L:1670 U:
APU
CRANM184L1670U

Description

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.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

    Method
    Estimation
    Statistic approach
    $1,100,000
    ML approach
    $1,100,000

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
Cranston
County
Providence
State
Rhode Island
Longitude
-71.4799
Latitude
41.7434
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
$12,023
$294,400
$129,700
$424,100
-
$0.00
$0.00
$0.00
More about this property
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