545 555 Atwood Avenue
545 555 Atwood Avenue Cranston, Rhode Island 02920 United States

$2,400,000
 Get directions
 
Advertiser Logo
Listing Courtesy of Mott & Chace Sotheby's Intl.
$2,400,000
Change Currency
1.9 Acres
Exterior
Commercial
Property type
1962
Year Built
1284341
Web Id
1284341
MLS ID
Knightsville/ Atwood
Subdivision
Cranston
School District
21
days ago

About 545 555 Atwood Avenue

GREAT INVESTMENT OPPORTUNITY. PERFECT 1031 Exchange Property. 30,000+ square feet of fully rented space. All tenants have multi-year leases with options. Two buildings on just under 2 acres of high visibility traffic near the Cranston/Johnston line. Working on a cap rate of just under 9%, this investment is a proven solid performer. Traffic count is over 23,00 vehicles a day. Annual income from the leases is $280,000.00 Building was constructed to accommodate the addition of an entire second level which could increase rental space by over 7500 sqft. Property has ample parking and is minutes from Interstate and major roadways. Located one hour south of Boston. Three hours to NYC. 20 minutes to International Airport and Amtrak Station.

PROPERTY INFORMATION

Cooling
Central Air, Individual Unit
Heating
Central Air, Central Heat
Location
Free Standing, Strip Store, Suburban
Sewer
Connected
Water
Connected
Listing Courtesy of Mott & Chace Sotheby's Intl.
Listing Courtesy of Mott & Chace Sotheby's Intl.
Advertiser Logo
Listing Courtesy of Mott & Chace Sotheby's Intl.
Contact Agent