1006 Reservoir Avenue

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1006 Reservoir Avenue

Cranston, RI 02910
Asking Price
$650K
Asset Type
Traditional Office Office
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • The professional office building provides 2,712 square feet of interior space.
  • Property is available for purchase with an asking price of $649,900.
  • Located on Reservoir Avenue within the city of Cranston, Rhode Island.
  • This traditional office asset occupies a prominent position in the local submarket.
  • The site offers functional space for private practices or administrative headquarters.

What's Special

This traditional office space spans 2,712 square feet at 1006 Reservoir Avenue in Cranston, Rhode Island. The building occupies a position within a well-established commercial corridor that serves the greater Providence metro area, providing access to a diverse regional economy and professional services network. The layout is suitable for businesses seeking a dedicated corporate environment, private practice, or administrative hub. Investors and owner-occupants will find the property positioned to benefit from the steady traffic flow characteristic of this Cranston submarket, which remains a central point for businesses requiring connectivity to the regional highway infrastructure. The facility provides a functional footprint for organizations looking to establish or maintain a presence in this active suburban market. The professional nature of the site supports various commercial operations, offering potential for internal configurations tailored to specific business requirements.

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NOI
$80,000
Cap Rate
12.31%
DSCR
2.07
Strong
Cash-on-Cash
21.24%
Monthly Payment
$3,215.351
Annual Cash Flow
$41,415.793

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