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661 Park Ave 25,000 SF 100% Leased Retail Building Cranston, RI 02910 For Sale
INVESTMENT HIGHLIGHTS
- Land Sale for Proposed Multifamily/Assisted/Independent Living
- Shovel-ready 1.79 acres
- Liquor and Entertainment License
- Proposed 4-story, 75 multifamily apartment units
- Special Zoning Approval and Special Master Plan Approval received
EXECUTIVE SUMMARY
22,454 sf building (gross sf) on 77,972 sf parcel
6,138 sf building (gross sf) on 6,448 SF parcel
271 Doric Ave 2,632 sf building (gross sf) on 3,300 sf parcel for redevelopment
0 Doric Ave 2,532 SF Parcel land
6,138 sf building (gross sf) on 6,448 SF parcel
271 Doric Ave 2,632 sf building (gross sf) on 3,300 sf parcel for redevelopment
0 Doric Ave 2,532 SF Parcel land
PROPERTY FACTS
Sale Type
Investment
Sale Condition
Redevelopment Project
Property Type
Retail
Property Subtype
Freestanding
Building Size
25,000 SF
Building Class
C
Year Built/Renovated
1946/2014
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.28
Lot Size
2.07 AC
Zoning
C-3 - Commercial development
Parking
100 Spaces (4 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Bus Line
- Property Manager on Site
- Signage
Walk Score®
Very Walkable (70)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | CRAN-000003-000003-001696 | Improvements Assessment | $681,200 |
| Land Assessment | $470,800 | Total Assessment | $1,152,000 |
PROPERTY TAXES
Parcel Number
CRAN-000003-000003-001696
Land Assessment
$470,800
Improvements Assessment
$681,200
Total Assessment
$1,152,000
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661 Park Ave
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