Active

540 Reservoir Avenue

Cranston RI, 02910

$1,499,000


$356.90 per sqft

Active

4,200 sqft

Commercial

Built in 1999

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.

1376775

MLS ID

January 22, 2025

Listed

February 2, 2025

Updated

Map

540 Reservoir Avenue
Cranston RI, 02910

Interior Features

Total Stories

0


Fireplace

No


Cooling

Yes


Cooling Description

Central Air


Heating

Yes


Heating Description

Central

Exterior/Building Features

Lot Size

0.44 Acres


Sewer

Connected

Other Property Details

Taxes

$17,890


Tax Frequency

Annually


Days on Market

10


Garage

No


Parking Total

20


View

No


County

Providence


Water Source

Connected


Pool

No

 

Courtesy of RE/MAX Preferred

The data relating to real estate for sale on this web site comes in part from the IDX Program of the State-Wide MLS, Inc. Real estate listings held by brokerage firms other than are marked with the MLS logo and detailed information about them includes the name of the listing brokers. Information deemed reliable but not guaranteed.

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Data last updated 6:10 AM UTC, 2/2/2025.

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