1443 Park Ave Cranston, RI 02920-6632
- Showrooms
- 1,960 SF
- 0.25 lot acres
Current Use by Public Records
- Farley David B DC / Chiropractor
- Traister Medical Group / Medical Group
- Farley & Associates Inc / Chiropractor
Property Details for 1443 Park Ave
- Year built
- 1955
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 0.25 lot acres
- Property size
- 1,960 SF
- Zone code
- C2
- Property type
- Showrooms
- APN
- CRAN M:11-2 L:3582 U:
- APU
- CRANM112L3582U
Description
This exceptional free-standing medical office building, located in Cranston's desirable Knightsville section, offers 1,960 square feet of well-maintained space ideal for professional use. The single-tenant building boasts excellent visibility and accessibility, making it an attractive option for a variety of businesses. The property sits on a 10,715 square foot lot and includes ample off-street parking with 10 spaces available. The building is a single-story structure, offering convenient access for patients and staff. Its traditional office layout is suitable for a range of medical or professional practices. The building's excellent condition minimizes the need for immediate capital improvements, allowing for a smooth transition and immediate occupancy. The property's location within the Knightsville area provides easy access to major roadways and a variety of amenities, enhancing its appeal to both businesses and employees. This is a rare opportunity to acquire a well-established, move-in ready office building in a highly sought-after location. The single-suite configuration provides a private and efficient workspace. Don't miss this chance to own a prime commercial property in Cranston.
Value Estimations
-
AI approach
- Method
- Estimation
- ML approach
- $295,000
-
CAP approach
- CAP Return
- Estimation
- 6%
- $385,000
- 6.5%
- $355,000
- 7%
- $330,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $413,000
- AI Estimate
- $323,000
Market price range: $173k - $414kMarket price range: $118k - $324k -
Alternative Use
- Use
- Estimation
- COMMERCIAL (GENERAL)
- $270,000 Current use
- OFFICE BUILDING
- $375,000 Change: +39% Conversion: Easy
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Location Insight
- Map
- Local Demand
- City
- Cranston
- County
- Providence
- State
- Rhode Island
- Longitude
- -71.4627
- Latitude
- 41.7835
- CBSA code
- 39300
- CBSA name
- PROVIDENCE-NEW BEDFORD-FALL RIVER, RI-MA METROPOLITAN STATISTICAL AREA