540 Reservoir Avenue Cranston, Rhode Island
Listed By Re/Max Preferred
The Commercial Property for Sale located at Cranston, Rhode Island is currently for sale. Cranston, Rhode Island is listed for $1,499,000. This property has Total Parking features. If the property located at Cranston, Rhode Island isn't what you're looking for, visit https://www.rilivingglobal.com to see other Commercial Properties for Sale in Cranston .
Date Updated : Jan 24, 2025
MLS#: 1376775
$1,499,000 USD
Property features
Key features
- Total Parking
Construction details
- Year built: 1999
Other features
- Cooling system: Air Conditioning
- Heating system: Oil Central
Description
Prime Investment Opportunity – Fully Rented 3-Unit Strip Center
Discover a rare opportunity to own a fully rented 3-unit strip center in the heart of Cranston’s bustling retail & business corridor. Built in 1999, this well-maintained property offers a total of 4,200 square feet of versatile commercial space, situated on a highly visible, corner-lot location on one of Rhode Island’s busiest state roads.
Property Highlights:
•Fully Rented: All three units are currently leased, providing immediate and consistent rental income.
•Ample Parking: A spacious 19,000 sq. ft. parking lot offers convenience for tenants and their customers.
•High-Traffic Location: Positioned on two corners, this property benefits from excellent exposure and visibility in a thriving area with heavy foot and vehicle traffic.
•Surrounded by Businesses: Located near a mix of retail centers, restaurants, and professional offices, making it a destination for shoppers and commuters alike.
•Modern Build: Constructed in 1999, the building requires minimal updates, ensuring a low-maintenance investment.
Investment Opportunity: This property presents a solid investment with immediate income potential in a prime Cranston location. Its strategic placement on Reservoir Ave. ensures long-term demand and steady appreciation.
Schedule a private showing today to explore this outstanding investment property and secure your place in Cranston’s thriving commercial market! Call for more information.
Location
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