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899 Cranston St 1,566 SF 75% Leased Retail Building Cranston, RI 02920 $415,000 ($265.01/SF)
EXECUTIVE SUMMARY
This 4-unit commercial building is ideally situated on a high-visibility corner surrounded by steady traffic and strong local activity. Each unit has been recently renovated, offering a clean, modern, and move-in ready environment suitable for a wide range of businesses. Perfect for office, retail, salon, wellness services, or professional suites, this property is a rare opportunity for both investors and owner-users seeking flexible income-producing space. The building’s layout and prominent street presence make it easy for businesses to attract customers and thrive. This property delivers exceptional exposure, updated interiors, and incredible potential.
FINANCIAL SUMMARY (ACTUAL - 2024) |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
$39,600
|
$28.74
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$39,600
|
$28.74
|
| Net Operating Income |
-
|
-
|
FINANCIAL SUMMARY (ACTUAL - 2024)
| Gross Rental Income | |
|---|---|
| Annual | $39,600 |
| Annual Per SF | $28.74 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $39,600 |
| Annual Per SF | $28.74 |
| Net Operating Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Freestanding
Building Size
1,566 SF
Building Class
C
Year Built
1919
Price
$415,000
Price Per SF
$265.01
Percent Leased
75%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.62
Lot Size
0.06 AC
Zoning
C5
Parking
1 Spaces (0.64 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Corner Lot
- Signage
Walk Score®
Very Walkable (80)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | CRAN-000007-000002-000324 | Improvements Assessment | $115,300 (2025) |
| Land Assessment | $61,400 (2025) | Total Assessment | $176,700 (2025) |
PROPERTY TAXES
Parcel Number
CRAN-000007-000002-000324
Land Assessment
$61,400 (2025)
Improvements Assessment
$115,300 (2025)
Total Assessment
$176,700 (2025)
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899 Cranston St
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