761 Park Ave Cranston, RI 02910
For Sale
1 / 17
This exceptional 2,732-square-foot commercial building is situated on a 0.12-acre lot at 761 Park Avenue in Cranston, Rhode Island. Its prime location on a high-traffic street offers unparalleled visibility and accessibility, just 10 minutes from downtown Providence. The single-level building is zoned C1 and boasts a versatile layout, previously utilized as a medical office and beauty salon. The interior comprises eight individual rooms, a spacious reception area, and a large waiting room, all freshly painted and ready for immediate occupancy. Recent fire code upgrades ensure compliance and peace of mind. Ample off-street parking is available for clients and staff. This property presents a fantastic opportunity for a variety of businesses seeking a well-maintained, conveniently located space in a thriving area. The building is currently available for lease. Its adaptable design and desirable location make it an ideal choice for entrepreneurs and established businesses alike. The asking price is $559,900. Don't miss this chance to secure a prominent commercial presence in Cranston.
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
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
C1 · 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.