840 Park Avenue, Cranston

840 Park Avenue Cranston

$619,000
3,552 sq ft

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The Property

Prime commercial opportunity at one of Cranston’s busiest intersections! Located on the corner of Park Avenue and Rolfe Street, this highly visible stand-alone building offers approximately 1,776 sq. ft. on the main level, currently used as Gourmet Caterers, plus an additional 1,776 sq. ft.

in the lower level – a mix of finished office space and generous storage. The main level layout lends itself to a variety of potential uses and the existing kitchen infrastructure makes it especially attractive for food-related businesses. Features include dual kitchen hoods with full Ansul system, a generator, a newer roof, and abundant on-street parking serving the surrounding businesses. Much of the existing equipment may remain or be sold separately depending on the buyer’s needs. Fantastic exposure, flexible space, and strong traffic counts make 840 Park Avenue an ideal choice for an owner-user or investor.

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Listing Details

MLS Number

1401323

Lot Size:

0.10 acres

Features

  • Basement: Full
  • Restrooms
  • Security Lights
  • Bus
  • Commuter Bus
  • Highway Access
  • Hospital
  • Private School
  • Public School
  • Recreational Facilities
  • Schools
  • Shopping
  • Heating: Baseboard, Central Air, Central, Forced Air
  • Heating Fuel: Baseboard, Central Air, Central, Forced Air
  • Corner
  • Sidewalks
  • Strip Store
  • Year Built: 1940

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Market Trends for Commercial Properties
in Cranston

  • Overview
    Homes for Sale Today39-88.1% decrease in inventory
    New on Market *1011.1% increase in new listings
    Avg. Asking Price/Sq.Ft. *$122.70$36 increase in List Price/Sq.Ft.
    Avg. Sale Price *$299,000$838,475 decrease in Avg. Sale Price
    Avg. Sale Price as % of Asking Price *100.00%-68% decrease in Sales to List Price
    Avg. Sale Price/Sq.Ft. *$249.17$141 increase in Sale Price/Sq.Ft.
    Avg. Days on Market of Sold *19662 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 Preferred

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