1062 Reservoir AveCranston, RI 02910

For Sale
$379,900
Prime Cranston location, high rental income potential.

Overview

Added:
Feb 3
Days on market:
72
This exceptional commercial office building, situated on a prominent corner lot at 1062 Reservoir Avenue in Cranston, Rhode Island, presents a compelling investment or owner-occupancy opportunity. The property boasts a convenient location at the intersection of Reservoir Avenue and Crossway Road, offering excellent visibility and accessibility. The building features six ample off-street parking spaces, ensuring convenient parking for tenants and visitors. The interior comprises six private offices, providing flexibility for various business needs. Two well-maintained bathrooms cater to the occupants' comfort. A dedicated waiting room and spacious administrative areas enhance the professional atmosphere. The building benefits from a recently updated heating system, minimizing maintenance concerns and ensuring efficient energy consumption. The exterior is maintenance-free, reducing ongoing operational costs for the owner. Currently, individual offices are leased on a month-to-month basis, generating a consistent rental income stream. The 0.1-acre lot provides ample space for the building and parking. This property is ideal for an investor seeking a stable income-generating asset or a business owner looking for a well-equipped space to establish or expand their operations. The combination of its prime location, updated systems, and current rental income makes this a truly attractive proposition in the thriving Cranston market. Serious inquiries are encouraged to schedule a private viewing.

Property Details for 1062 Reservoir Ave

Property type
Commercial real estate
Year Built
1947
Lot Size (sq. ft)
4,356 SF

Location Insight

City
Cranston
County
Providence
State
Rhode Island
Latitude
41.77235
Longitude
-71.45189
1062 Reservoir Ave, Cranston, Rhode Island

FAQs

What type of property is this?
Commercial real estate - Prime Cranston location, high rental income potential.
Where is the commercial real estate located?
The property is located at 1062 Reservoir Ave Cranston, RI.
What is the asking price?
The asking price for this property is $379,900.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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1062 Reservoir Ave
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