1009 Oaklawn Ave, Cranston, RI 02920-2601
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.
-
Wein-O-Rama Restaurant
-
Atlas ATM Atm
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
C2 · Cranston, RICranston. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.