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.

 

read more read less

Want more info on this listing?

Reach out to the broker for more info on lease terms and amenities

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

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

Jim Conway Is this you?

Conway Commercial Group

(401) 447-6062

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.

Looking for more in-depth information on this property?

Looking for more in-depth information on this property? Find property characteristics, ownership, tenant details, local market insights and more. Unlock data on CommercialEdge.

Contact Listing Broker

Jim Conway Is this you?

Conway Commercial Group

(401) 447-6062

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.