Industrial & Retail At Park & Elmwood | 551 Park Avenue
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Industrial & Retail At Park & Elmwood 551 Park Avenue
16,880 SF 100% Leased Industrial Building Cranston, RI 02910 $1,300,000 ($77/SF) 7.60% Cap Rate
Executive Summary
Industrial Building with 4 Unit retail equipped, at the 4 way intersection of Park & Elmwood Ave. All retail is leased and landlord will be on a market rate lease upon the execution of the sale. Great opportunity for owner user or investor.
Property Facts
| Price | $1,300,000 | Lot Size | 0.11 AC |
| Price Per SF | $77 | Rentable Building Area | 16,880 SF |
| Sale Type | Investment or Owner User | No. Stories | 3 |
| Cap Rate | 7.60% | Year Built | 1900 |
| Property Type | Industrial | Parking Ratio | 0.59/1,000 SF |
| Property Subtype | Warehouse |
| Price | $1,300,000 |
| Price Per SF | $77 |
| Sale Type | Investment or Owner User |
| Cap Rate | 7.60% |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Lot Size | 0.11 AC |
| Rentable Building Area | 16,880 SF |
| No. Stories | 3 |
| Year Built | 1900 |
| Parking Ratio | 0.59/1,000 SF |
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PROPERTY TAXES
| Parcel Number | CRAN-000003-000002-001625 | Improvements Assessment | $103,500 |
| Land Assessment | $92,500 | Total Assessment | $196,000 |
PROPERTY TAXES
Parcel Number
CRAN-000003-000002-001625
Land Assessment
$92,500
Improvements Assessment
$103,500
Total Assessment
$196,000
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Industrial & Retail At Park & Elmwood | 551 Park Avenue
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