725 Reservoir Ave - Medical CONDO FOR SALE


Cranston, RI 02910
$189,000 USD
401-447-6062
725 Reservoir Ave, Cranston, RI for Sale
$189,000 USD
Medical CONDO - FOR SALE
1/22
null | Request Cap Rate

725 Reservoir Ave
Cranston, RI 02910


HIGHLIGHTS

  • ABUNDANT PARKING
  • CLOSE PROXIMITY TO HIGHWAY ACCESS
  • FIRST FLOOR SUITE
  • OWNER/USER OR INVESTMENT OPPORTUNITY

OVERVIEW

First floor professional office suite 102 consisting of approximately 1,040sf currently configured as a spacious waiting room, reception/administrative area, private bathroom, 4 exam rooms with sinks, and doctors' office. This suite could be reconfigured making it an ideal office option at a very reasonable cost. Abundant parking available at all entrances. 725 Reservoir Avenue is a well-recognized address and offers close proximity to major highways. This suite is also available for lease @ $2500.00 per month plus utilities. Monthly condo fee is $341.44 and includes water, sewer, master insurance, and CAM. Being sold below assessed value! $194,000.

FOR SALE DETAILS

PRICE

$189,000 USD

PRICE/SF

$182 USD /SF

CAP RATE

Request Cap Rate

# OF UNITS

1

CONDO SIZE

-

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Cranston Medical Associates

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

120,000 SF

STORIES

3

BUILDING CLASS

B

YEAR BUILT

1987

SPRINKLERS

-

PARKING SPACES

186

LAND DETAILS

LAND ACRES

3 AC

LAND SF

130,680 SF

ZONING

C4

APN/PARCEL ID

CRAN-000009-000005-000129

ASK ABOUT THIS PROPERTY

Jim ConwayConway Commercial GroupMore Info
401-447-6062

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Jim ConwayConway Commercial GroupMore Info
401-447-6062

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