68-72 Gansett Ave - Office/Residential FOR SALE


Cranston, RI 02910
$600,000 USD
401-965-4520
68-72 Gansett Ave, Cranston, RI for Sale
$600,000 USD
Office/Residential - FOR SALE
1/17
null | Request Cap Rate

68-72 Gansett Ave
Cranston, RI 02910


OVERVIEW

CURRENT B-1 RESIDENTIAL ZONING ASSURES AN OPPORTUNITY FOR RESIDENTIAL CONDO CONVERSION. PREVIOUS 2-STORY, 4-UNIT MULTI-FAMILY BACK IN THE DAY. CURRENT ZONING INCLUDES DUPLEX OR WITH UPDATED DENSITY REGULATIONS POSSIBLE 4-PLEX. ALSO, MIX-USE FOR THE BUSSINESS OWNER WHO WANTS TO LIVE AND WORK ONSITE. UNIQUE 5600 SQ FT BUILDING INCLUDES, 2000 SQ FT OF LIVING SPACE, 2 SEPARATE GARAGES/STORAGE FOR UP TO 5/6 CARS. ADDITIONAL OFF-STREET PARKING AVAILABLE. SOME UTILITIES ARE SEPERATED WITH CURRENT VACANT 2000 SQ FT UNIT READY TO BE RE-PURPOSED FOR YOUR NEEDS. MANY UPDATES THROUGHOUT WITH NEWER ROOF AND AC UNIT. THE PETER PASTORE YOUTH CENTER AND CITY PARK ACROSS THE STREET. RELATIVELY AN EASY SHOW!

FOR SALE DETAILS

PRICE

$600,000 USD

PRICE/SF

$114 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

THE GANSETT BUILDING

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Office/Residential

ADD'L SUBTYPES

Storefront Retail/Residential, Loft/Creative Space, Industrial Live/Work Unit

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1958

SPRINKLERS

-

PARKING SPACES

8

LAND DETAILS

LAND ACRES

0.13 AC

LAND SF

5,663 SF

ZONING

B1

APN/PARCEL ID

CRAN-000007-000005-002036

ASK ABOUT THIS PROPERTY

Patrick MurrayResidential Properties LtdMore Info
401-965-4520

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Patrick MurrayResidential Properties LtdMore Info
401-965-4520

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.