For Sale
$1,499,000

540 Reservoir AveCranston, RI 02910

High-traffic corner lot, immediate income

Overview

Added:
Jan 24
Days on market:
71
This exceptional investment opportunity presents a fully rented, three-unit commercial strip center ideally situated on a highly visible corner lot at 540 Reservoir Avenue in Cranston, Rhode Island. Built in 1999, this well-maintained property boasts a total of 4,200 square feet of versatile commercial space spread across three units, all currently leased, generating immediate and consistent rental income. The expansive 19,000 square foot lot provides ample parking for tenants and customers. Its prime location on a busy state road ensures high visibility and foot traffic, surrounded by a mix of retail, restaurants, and professional offices. The modern construction (1999) minimizes maintenance needs, making this a low-effort, high-return investment. This property offers a strategic location in Cranston's thriving commercial market, promising long-term demand and steady appreciation. The asking price is $1,499,000. This is a rare opportunity to acquire a stable, income-producing asset in a desirable location. The property's strong tenant occupancy and prime location make it an attractive investment for those seeking immediate returns and long-term growth potential. Don't miss this chance to secure your position in Cranston's bustling commercial landscape.

Highlights

  • $1,499,000 asking price.
  • 19,000 SF lot size.
  • 4,200 SF building.
  • Fully rented, three-unit strip center.
  • High-traffic corner lot on Reservoir Avenue in Cranston, RI.

Property Details for 540 Reservoir Ave

Property type
Land
Square Feet
4,200 SF
Year Built
1999
Buildings
1
Units
1

Location Insight

City
Cranston
County
Providence
State
Rhode Island
Latitude
41.783913
Longitude
-71.4369169
540 Reservoir Ave, Cranston, Rhode Island

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
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.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
540 Reservoir Ave
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message