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892-894 Oaklawn Ave

4,200 SF 100% Leased Office Building Cranston, RI 02920 $1,049,000 ($250/SF)

Investment Highlights

  • Set on Rte. 5 -high traffic road with great visibility and close to highway access
  • Interior is updated with vinyl flooring, light fixtures and bathroom finishes

Executive Summary

Visible well-maintained commercial building on highly traveled Oaklawn Ave, near Brayton St. This 4,200 sq ft property, situated on a 9,547 sq ft lot offering 13 parking spaces , is ideal for your investment. Featuring laminate flooring, updated bathrooms, and central air, it offers a modern feel. With the potential to convert back into three separate commercial/office suites, this property is well suited for owner occupants. Situated near the Garden City Center Shopping Center and with easy access to major highways and Providence, this location is perfect for businesses looking to grow.

Financial Summary (Actual - 2024) Click Here to Access

Annual Annual Per SF
Taxes - -
Operating Expenses - -
Total Expenses $99,999 $9.99

Financial Summary (Actual - 2024) Click Here to Access

Taxes
Annual -
Annual Per SF -
Operating Expenses
Annual -
Annual Per SF -
Total Expenses
Annual $99,999
Annual Per SF $9.99

Property Facts

Sale Type
Investment or Owner User
Sale Condition
1031 Exchange
Property Type
Office
Property Subtype
Office/Residential
Building Size
4,200 SF
Building Class
C
Year Built/Renovated
1969/1994
Price
$1,049,000
Price Per SF
$250
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
2,100 SF
Slab To Slab
10’
Building FAR
0.44
Lot Size
0.22 AC
Zoning
C2 - Commercial, businesses
Parking
13 Spaces (3.1 Spaces per 1,000 SF Leased)

Amenities

  • Bus Line
  • Signage
  • Drop Ceiling
  • Smoke Detector
Walk Score ®
Very Walkable (76)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
CRAN-000015-000002-000061
Land Assessment
$201,500
Improvements Assessment
$374,900
Total Assessment
$576,400
  • Listing ID: 33336287

  • Date on Market: 9/27/2024

  • Last Updated:

  • Address: 892-894 Oaklawn Ave, Cranston, RI 02920

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