$1,499,000

540 Reservoir Avenue, Cranston, RI 02910, US

Summary

Style: Commercial Sale
Sq Ft: 4200
Year Built: 1999

Moving Quotes

primary photo for 540 Reservoir Avenue, Cranston, RI 02910, US

Remarks

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.

Details

MLS#: 1376775
Price: $1,499,000

Style: Commercial Sale
Sq Ft: 4200
Year Built: 1999

County: Providence
Tax Fee: 17890

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Broker Contact


Re/Max Preferred
1417 Douglas Avenue
North Providence, RI, 02904
US
Richard Zompa
! 401-353-2200
! remaxpreferred@ri-homes.com
! Website

Information is believed to be accurate but should not be relied upon without verification.
Data Provided by State Wide MLS of Rhode Island, Inc.
Last updated: 2025-01-23T09:01:08.000-05:00.
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