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
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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.