1420 Elmwood Ave, Cranston, RI 02910-3847
This exceptional Cranston, RI industrial property, located at 1420 Elmwood Avenue, offers a versatile 9,358 square foot building situated on a generous 1.97-acre lot. The property features a well-designed layout combining 7,926 square feet of warehouse space with 1,200 square feet of office space, ideal for a variety of businesses. The warehouse boasts one loading dock for efficient shipping and receiving, complemented by ample parking with over 20 spaces. A full basement with bulkhead access provides additional storage capacity. The property is zoned M-2, allowing for a range of industrial uses. Its strategic location offers easy access to major transportation arteries, being less than half a mile from I-95 and Route 10. This prime location benefits from proximity to established businesses such as Ocean State Job Lot, Price Rite, First Years Learning Center, and Bowlero, ensuring high visibility and convenient access for employees and clients. The building includes a non-functioning elevator. This property presents a unique opportunity for businesses seeking a well-maintained, strategically located industrial space in a thriving area. The property is available for sale or lease.
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Gem Craft Inc Production Facility
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
M2 · 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.