935 Reservoir Ave, Cranston, RI 02910-4437
This exceptional Cranston, Rhode Island property at 935 Reservoir Avenue presents a unique investment opportunity. Boasting a total of 4,500 square feet of land, this versatile property encompasses a 1,107 square foot building constructed in 1956. The single-story structure is currently configured as a multi-use commercial space, suitable for a variety of businesses. Its classification includes traditional office, storefront, executive office, and even garage/parking capabilities, making it highly adaptable to diverse needs. The property's zoning allows for a range of uses, including specialty services, salons, barbershops, and even real estate-related businesses. The single unit building offers significant potential for expansion or redevelopment given the ample land area. Located in Providence County, this property benefits from its convenient Cranston address and proximity to local amenities. The asking price is $329,000, representing a compelling entry point into the Rhode Island commercial real estate market. This is an ideal opportunity for investors seeking a flexible and well-situated property with significant upside potential. The property's diverse zoning and existing infrastructure make it an attractive option for both established businesses and entrepreneurs looking to establish a presence in a thriving Rhode Island community. The 4,500 square foot lot provides ample space for future development or expansion, adding to its overall value and appeal.
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Deignan Jr Edward J DDS Dental Office
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Lamendola Carole Dental Office
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LICSW David Tulli Counselor
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Michele Chaudhry Physician Medical Clinic
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Lisa Wilson Foster Care Service Social Service Agency
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
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.