2295050
229531ef-5bf3-41a8-b1b0-5f879ef42fe1
us/ri/cranston
555 Atwood Ave
555 Atwood Ave, Cranston, RI 02920
- For Sale $3,200,000
- Property Type Retail
- Property Size 30,466 SF
- Lot Size 1.29 Acre
- Year Built 1987
- Date Updated Dec 22, 2022
GREAT INVESTMENT OPPORTUNITY. PERFECT 1031 Exchange Property. 30,000+ square feet of fully rented space. All tenants have multi-year leases with options. Two buildings on just under 2 acres of high visibility traffic near the Cranston/Johnston line. This property has a long history of steady occupancy maintaining a strong cash flow through the best and worst of economic times. Working on a cap rate of approximately 8%, this investment is a proven solid performer. Annual income from the leases is over $300,000 Building was constructed to accommodate the addition of an entire second level which could increase rental space by over 7500 sq ft.
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Location
Getting Around
-
Walk Score ®
61/100
Somewhat Walkable
-
Transit Score ®
32/100
Some Transit
-
Bike Score ®
38/100
Somewhat Bikeable
Powered by Walk Score ®
- City Cranston, RI
- Neighborhood Laurel Hill
- Zip Code 02920
- Market Providence
Points of Interest
Transportation
Fuel station
Parking
Restaurants
Stores
Providence
3.99 miles
T. F. Green Airport
4.73 miles
Citgo
2.21 miles
ChargePoint
2.27 miles
Cumberland Farms
2.47 miles
Speedway
2.47 miles
ChargePoint
2.60 miles
Mobile Gas Station
2.81 miles
Shell
2.99 miles
Solar Gas
4.35 miles
eVgo
4.36 miles
ChargePoint
4.45 miles
Lot E2
3.66 miles
Lot E6
3.69 miles
Lot 233
3.71 miles
222 Chestnut Street Private Parking
3.74 miles
Union Station Plaza Garage
3.80 miles
The Arcade Garage
3.90 miles
Rhode Island Department of Administration Parking Lot
4.10 miles
Interlink
4.70 miles
D - Short Term - Limos
4.87 miles
Lot B
5.99 miles
McDonald's
1.95 miles
Jade Island Restraunt
2.18 miles
Burger King
2.59 miles
Siena Restaurant
3.23 miles
Dunkin'
3.57 miles
Birch
3.58 miles
Seaplane Diner
3.71 miles
Snowden Dining Hall
3.73 miles
Olga's
3.75 miles
Uno Pizzeria and Grill
3.77 miles
Rhode Island Hydrophonics
0.34 miles
Ocean State Job Lot
0.86 miles
TJ Maxx
1.51 miles
Stop & Shop
1.53 miles
Benny's
2.16 miles
Garden City Center
2.41 miles
Stop & Shop
2.46 miles
Armando & Sons Meat Market
2.66 miles
Shaw's
2.67 miles
Ocean State Job Lot
2.78 miles
Contacts
Frequently Asked Questions
What is the total square footage of 555 Atwood Ave?
555 Atwood Ave totals 30,466 square feet.
When was this property built?
555 Atwood Ave was built in 1987.
Tax
- Property Tax in 2022 $31,838
- Market Value* $1,146,500
- Assessed Value $1,146,500
Find more tax info, including assessment history and abatements, on CommercialEdge.
*The displayed market value represents the assessed value determined by the appropriate local tax/financial authority. It is not the property’s latest sale price or a current market value based on recent area sales.
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