$440,000
$499,000
11.8%For more information regarding the value of a property, please contact us for a free consultation.
10,320 SqFt
SOLD DATE : 06/18/2021
Key Details
Sold Price $440,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
Square Footage 10,320 sqft
Price per Sqft $42
MLS Listing ID 72809542
Sold Date 06/18/21
Year Built 1960
Annual Tax Amount $9,108
Tax Year 2020
Lot Size 4,356 Sqft
Acres 0.1
Property Description
Iconic Free Standing Commercial/ Retail Building Situated on Desirable & Highly Travelled Reservoir Avenue in Cranston! This attractive brick veneer building located at the corner of Reservoir and Ivanhoe Streets is comprised of two units with two levels each. The larger unit with 8820 sf has been home to the owner occupied Rainbow Bakery since 1965. The smaller 1500 sf space is currently leased to Ariel Barber shop with a five year lease in place due to expire in Sept 2023 at 1,000 per month. Property features include highly upgraded electric service, freight elevator in larger unit, 7 year rubber membrane roof, Burnham Gas boiler, 10-12' ceiling height, wood floors, and 9 car parking on the side of the building. Click on the "Virtual Tour" Link to Explore in 3D!!
Location
State RI
County Providence
Zoning C1
Direction MAPQUEST
Exterior
Utilities Available Public Water, Public Sewer
Roof Type Asphalt/Composition Shingles
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Bought with Joy Riley • Westcott Properties
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