Prime Commercial High Traffic Site...Bldg. on .86 AC

Retail-Commercial for Sale
Catylist Listing ID: 30352845
Property Subtypes: Free-Standing Building, Mixed Use, Parking Facility, Retail-Pad, Street Retail, Vehicle Related, Other
Building Size (RSF): 4,095 SF
Gross Building Area: 4,507 SF
Gross Land Area: 37,831 SF
Sale Price: $695,000
Unit Price: $169.72 PSF
Ceiling: 11 ft.
Property Use Type: Investment, Business
Building Name: Stamas Auto & Truck Center
Usable Size (USF): 4,095 SF
Sale Terms: Cash to Seller, Owner Financing
Cap Rate: Undisclosed
Last Updated: 4/15/2019

Overview / Comments

Well established auto sales & service business with extensive parking front and rear of building. Ideal business site for multi-type business or uses. Street access from Cranston and Gladstone Streets.

High traffic location between Park Ave. & Rte. 10 ...major artery with plenty of new development in area. Easy access to I-95 North & South via nearby Rte. 10.

Approx. 4100 SF building with multi-purpose potential use. Over 30,000 SF paved parking area.
2 adjacent parcels are also available to give the property 3 streets. Lets discuss possibilities!

Attachments & Media

Additional Details

Nearest MSA: Providence-Warwick
County: Providence
Tax ID/APN: CR 7-2362-0
Zoning: C3
Retail Clientele: General, Family, Business, Traveler, Other
Property Located Between: Park Ave. & Rte 10
Property Visibility: Excellent
Largest Nearby Street: Webster
Feet of Frontage: 215
Highway Access: Nearby access ramps to Rte. 10 connector into Providence or east to I-95 north & south.
Airports: Rhode Island T.F. Green International Airport
Site Description: Approx. 37,831 SF land area fronting on Cranston St. with connect to Gladstone Street. Paved parking area extends along front, side & rear of bldg. out to Gladstone. Approx. 4100 SF bldg. with half office (private and open areas) and garage/shop portions. Easy potential for use change with high exposure and parking in high populated centralized city. Overall site is made up of 3 separate lots (2 on Cranston , 3rd off Gladstone).
Area Description: Cranston Senior Center and other city service resources nearby...multi store plaza between Cranston St. & Rte. 10.
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 2
Property Condition: Excellent
Year Built: 1950
Year Renovated: 2007
Roof Type: Flat
Construction/Siding: Brick
Exterior Description: Block & Brick Bldg. & fully paved lot area.
Total Parking Spaces: 85
Parking Type: Surface
Parking Description: Extensive paved and lite surface.
Heat Type: Natural Gas
Heat Source: Baseboard
Air Conditioning: Engineered System
Internet Access: Cable
Interior Description: Auto sales office/showrooms, restrooms, service garage/shop areas.
Zoning Description: C3
Lot Frontage: 215 ft.
Water Service: Municipal
Sewer Type: Municipal
Legal Description: City Plat Map: 7/4...Lots: 2362, 2360 & 3864

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 35,235 224,403 397,014
Median Age: 31.79 34.03 36.44
Households: 12,004 83,060 152,533
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