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1300 Park Avenue Cranston

$550,000
0 4,000 sq ft

The Property

Rare, money-making opportunity located on extremely busy corner of Park Avenue and Budlong. Currently configured to house 2 office/retail units and 1 large garage featuring space to house 10 cars easily. Over 40 parking spaces available on spacious lot with other retail spaces/restaurants nearby. Great location with plenty of traffic.

One office unit is vacant consisting of store front, storage area, bathroom, and utility closet with 2 private entrances. One office unit currently rented and features waiting area, multiple office areas, half bathroom, kitchenette, storage space, and full bathroom with shower, also with separate entrances. Well managed investment property in excellent condition located in high traffic location with positive cash flow possibility is now available, call today!

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Listing Details

MLS Number

1326099

Lot Size:

0.11 acres

Features

  • Basement: Full
  • Garage
  • Heating: Baseboard, Central Air
  • Laundry
  • Type: Administrative and Support,Auto Body,Auto Related,Auto Service,Office,Office Building,Retail
  • Year Built: 1959

Market Trends for Commercial Properties
in Cranston

  • Overview
    Homes for Sale Today33-87.2% decrease in inventory
    New on Market *9200% increase in new listings
    Avg. Asking Price/Sq.Ft. *$60.72$117 decrease in List Price/Sq.Ft.
    Avg. Sale Price *$4,585,000$4,360,000 increase in Avg. Sale Price
    Avg. Sale Price as % of Asking Price *83.24%-14.9% decrease in Sales to List Price
    Avg. Sale Price/Sq.Ft. *$205.56$26 increase in Sale Price/Sq.Ft.
    Avg. Days on Market of Sold *304228 increase in days on market

    * All data is calculated based on the last 30 days

  • Avg. Sale Price
  • Avg. Days on the Market
  • New Market Inventory
  • Lila's Estimate

    Realtors Property Resource

    This is an estimate home valuation provide by RPR. It is based on RPR’s estimate market value and not an appraisal. You can use it as a starting point on the home’s value.

    ...

    Zillow

    This is an estimate home valuation provide by Zillow. It is based on Zillow’s estimate market value and not an appraisal. You can use it as a starting point on the home’s value.

    Real value?

    Contact Us

    Online estimates take you only so far. One of our associates can give you a market analysis of what your homes value.

Listed by RE/MAX ADVANTAGE GROUP

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