For Sale
$635,000

727 Cranston StProvidence, RI 02907

Prime RI location, 16,117 sq ft lot, $635,000

Overview

Added:
Dec 11, 2024
Days on market:
115
This exceptional commercial property presents a unique investment opportunity in Providence, Rhode Island. Located at 727 Cranston, this 16,117 square foot lot features a single building constructed in 1938. Currently operating as a successful bar/lounge, the property offers significant potential for a variety of commercial uses. The existing structure encompasses 2,400 square feet of usable space, providing ample room for expansion, renovation, or adaptation to suit a new owner's vision. A key advantage is the extensive parking available, with 50 spaces accommodated in a paved lot, ensuring convenient access for customers and employees. The sale includes all existing equipment and supplies, representing a turnkey acquisition for a seamless transition. This established business boasts a loyal customer base and a proven track record, making it an attractive proposition for investors seeking a profitable venture in a vibrant commercial area. The property's prime location in Providence, Rhode Island, within Providence County, zip code 02907, offers excellent visibility and accessibility. This is a rare chance to acquire a well-established commercial property with significant upside potential. The asking price is $635,000.

Highlights

  • Exceptional investment opportunity in Providence, RI.
  • 16,117 SF lot with a 2,400 SF building (built 1938), currently operating as a bar/lounge.
  • Ample room for expansion or repurposing.
  • 50-space paved parking lot.
  • Turnkey acquisition; includes all equipment and supplies.
  • Established business with loyal clientele; strong financials.

Property Details for 727 Cranston St

Property type
Specialty properties, Land
Year Built
1938
Buildings
1

Location Insight

City
Providence
County
Providence
State
Rhode Island
Latitude
41.7956806
Longitude
-71.4269679
727 Cranston St, Providence, Rhode Island

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727 Cranston St
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