This high-visibility, high-traffic mixed-use property presents a fantastic investment opportunity! Located on a prominent corner lot with a 10-car parking area, this well-maintained masonry building features a 1,400 sq. ft. commercial spacepreviously operated as a popular breakfast and lunch restaurantperfect for food service, retail, or office use. The residential portion consists of a fully rented two-family, offering steady rental income with below-market rents. Recent upgrades include a modernized fire protection system, separate utilities, a new roof, updated HVAC, and revamped electrical service. With over 35 years of dedicated ownership, this property is an excellent chance to own a thriving commercial space while benefiting from residential rental. * also listed under commercial.
MLS# | 1377397 |
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Listing Type | For Sale |
Style | Town House |
Sub-Type | Resale |
Status | Active |
Year | 1906 |
Days On Site | 8 |
Listing Provided By | The Hennessy Group | Sydelle Stinson |
Bed(s) | 4 |
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Bath(s) | 2 Total |
SQ Feet | 3,018 |
Basement | Y |
Story(s) | 2 |
Units | 2 |
Building(s) | 1 |
Acreage | 0.19 |
State | RI |
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County | Providence |
City | Cranston |
Zip Code | 02920 |
Area | Providence |
Community Name | Thornton |
Listing VS Median (in Thornton) | |
Price: $599,000 low | high Med: $299,000 SqFt: 3,018 low | high Med: 1,154 $ / SqFt: $198 low | high Med: $259 On Site: 8 low | high Med: 26.000000 |