1085 Park AveCranston, RI 02910

Property Details for 1085 Park Ave

Year built

1950

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

0.07 AC

Property size (Sq ft)

5,740 SF

Zone code

C4

Property type

Other commercial real estate

Property subtype

Showrooms

APN

CRAN M:6-3 L:2350 U:

APU

CRANM63L2350U

Description

This exceptional 1,422 square foot office space, situated at 1085 Park Avenue in Cranston, Rhode Island, presents a fantastic opportunity for businesses seeking a prime location. The single-story building, totaling 5,740 square feet, offers a mostly open floor plan, perfect for adaptable layouts. The suite includes attractive features such as large display windows, a dedicated conference room, and a private restroom. The property is conveniently located just west of the Park Avenue and Reservoir (Route 2) intersection, providing easy access to Route 10 and I-95. Ample local amenities are readily available. The building sits on a 3,200 square foot lot and benefits from on-site building and parking signage. The property is classified as a traditional office space within a multi-tenant building in Providence County, zip code 02910. The available space represents the entire vacant portion of the building. This is a fantastic opportunity to establish a presence in a thriving Cranston business district.

• CAP approach

  CAP return

  Valuation

  6%

  $1,395,020

  6.5%

  $1,287,711

  7%

  $1,195,732

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,889,971

  Geo Method

  $1,889,971

• Alternative Use

  Use

  Valuation

  Residential

  $1,086,232

  Hospitality

  $994,983

  Educational

  $827,814

  Medical

  $856,284

  Retail

  $1,287,711

Location Insight

City

Cranston

County

Providence

State

Rhode Island

Latitude

41.7828

Longitude

-71.4461

CBSA code

39300

CBSA name

PROVIDENCE-NEW BEDFORD-FALL RIVER, RI-MA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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].