700 Reservoir Avenue Cranston, RI $ 649,900
700 Reservoir Avenue
$ 649,900
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700 Reservoir Avenue

Cranston, RI, 02910
$ 649,900
Bedrooms-- Baths-- Sq 2,613

Monthly Estimate*

$ 4,104

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Commercial Property for sale in Cranston, RI

for $649,900. This 2,613 square foot building was built in 1920.

Prime Investment Opportunity at a great price! This versatile three-unit mixed-use property offers an excellent opportunity for investors, with the potential to create a 4th and 5th unit for additional income potential. Ideally located on Reservoir Avenue, the property is within walking distance to shopping, restaurants, dining, and everyday stores. Three existing units are currently rented, with two tenants on a month-to-month basis, providing flexibility. The property features a newer furnace, hardwood and vinyl flooring throughout, and private off-street parking in the rear. With a strong location, existing rental income, and potential for additional space, this property offers an exciting opportunity to expand and maximize its investment potential.

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Commercial Active

Price

$ 649,900

Property Type

Commercial

Taxes

$ 4,672

Style

Year Built

1920

Town/City

Cranston

County/Region

Providence

MLS | Web ID

1424736

Features
General
Sewer Connected
Heating Baseboard
Cooling None
Utilities Natural Gas Available Natural Gas Connected Sewer Connected
Possession Close Through 45 Days
Security Features Carbon Monoxide Detector(s) Fire Alarm Smoke Detector(s)
Year Built 1920
Electric 100 Amp Service
Tenant Pays Cable TV
Stories Count 2
Levels Two
Property Subtype Commercial
Tax Year 2025
Gross Income 42900
Community Features Highway Access Near Schools Public Transportation Recreation Area Restaurant Shopping Sidewalks
County Providence
Operating Expense 6500
New Construction false
Property Type Commercial Sale
Subdivision Name Reservoir
Possible Use Multi-Family Mixed Use Residential
Status Active
City Cranston
Number Of Units Total 4
Lot Size Units Square Feet
Lot Size Square Feet 4356
Number of Units Leased 3
Property Attached Y/N false
Land Lease Y/N false
Tax Annual Amount 4672
Electric Expense 4800
Trash Expense 0
Water Sewer Expense 1500
Lease Renewal Y/N true
Lease Considered Y/N true
Virtual Tour https://tour.RiLiving.com/700-Reservoir-Avenue-Cranston-RI-02910--1424736
Structure Type Multi Family
Standard Status Active
Occupancy Type Tenant
Tax Assessed Value 336600
Tax Lot 320
Ownership Type Sole Proprietor
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Interior
Basement Full
Furnished Y/N Unfurnished
Total Stories 2
Basement (Y/N) true
Air Conditioning Y/N false
Heating Y/N true
Laundry Features Common Area In Unit
Total Baths 0
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Exterior
Water Source Connected
Total Parking 4
Lot Size Area 4356
Foundation Details Concrete Perimeter
Number of Buildings 1
Building Area Total 2613
Road Surface Type Asphalt Paved
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* Excluded Features
List By
Century 21 Limitless

Broker

Katie@c21premieragency.com

Email

Affordability Calculator

$4,493
Per Month
91%
9%
0%
Monthly Principal & Interest
$4,104
Monthly Property Taxes
$389
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
0 Elementary School
0 Middle School
Pricing History
DatePricePrice ChangeDescription
9/30/2026$649,900 Listed Price

Map


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700 Reservoir Avenue, Cranston, RI, 02910 is a Commercial Property for sale at $649,900 with 2,613 sqft. 700 Reservoir Avenue was built in 1920. The property's zip code is 02910 which is in Cranston, RI