Address: 800 Reservoir Avenue, Cranston, RI 02910
Price: $499,000
Status: SOLD!
Click Below to Virtually Explore This Fabulous Commercial/Retail Opportunity!
Iconic, free-standing commercial/retail building located on the desirable & highly travelled Reservoir Avenue in Cranston!
This attractive, brick veneer building, situated on the corner of Reservoir Ave & Ivanhoe Street, is composed of TWO units with TWO levels each! The larger unit, 8,820 Sq Ft, has been home to the owner-occupied Rainbow Bakery 🧁 since 1965. The second unit, 1,500 Sq Ft, is currently leased to Ariel Barber Shop 💈 with a 5 year lease in place to expire in 2022 (rent: $1,000/month).
Property features include highly upgraded electric service, freight elevator in the 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.