838 Reservoir Ave - Freestanding FOR SALE


Cranston, RI 02910
$399,000 USD
401-465-0417
838 Reservoir Ave, Cranston, RI for Sale
$399,000 USD
Freestanding - FOR SALE
1/18
null | Request Cap Rate

838 Reservoir Ave
Cranston, RI 02910


HIGHLIGHTS

  • High Visibility
  • Completely Renovated - No Future Expenditures
  • Great Signage
  • Amazing Location

OVERVIEW

Great opportunity to own a completely renovated freestanding office building on a highly visible corner lot in a central, easily accessed location. This property underwent a complete rehabilitation including all structural, mechanical, and cosmetic systems, offering buyers peace of mind and many years of low-maintenance ownership. The main office space spans two floors and includes a welcoming waiting area with durable porcelain tile flooring, kitchenette, bathroom, and private office on the first floor. Upstairs, you’ll find two additional private offices and a second bathroom, also finished with porcelain tile and premium Vigo vessel sinks. The 400+/- sq. ft. unfinished basement, complete with a separate entrance and bathroom hookups, provides excellent potential for a secondary office suite, rental income, or secure storage. This property is move-in ready and perfect for professionals seeking a turnkey solution in a high-visibility location. The property also features excellent signage with a very high daily car count and quick access to all points including Providence, RI Airport, Rail, Interstates & more. Can be conveyed furnished for immediate use.

FOR SALE DETAILS

PRICE

$399,000 USD

PRICE/SF

$285 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Freestanding Class A Building in Prime Spot

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Loft/Creative Space, Medical, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1950

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.03 AC

LAND SF

1,307 SF

ZONING

C1

APN/PARCEL ID

CRAN-000009-000005-001848

ASK ABOUT THIS PROPERTY

Michael RussoRI Real Estate ServicesMore Info
401-465-0417

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Michael RussoRI Real Estate ServicesMore Info
401-465-0417

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.