New Listing - 01/22/2025
540 Reservoir Avenue, Cranston, RI, 02910
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! For more information, contact Richard Zompa.
Status:
Active
Type:
Commercial
Units:
1
Heating:
Central
Cooling:
Central Air
Parking:
20-car
Est. Taxes:
$17,890
Assessment
$876,100
Construction
Frame
Utilities
Natural Gas Connected,Sewer Connected
MLS #:
1376775
Community Info
School Info
Walk Score
Mass Transit
Yelp
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