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400 Atwood Avenue Cranston, RI $ 1,700,000
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$ 1,700,000 Get more info
400 Atwood Avenue
$ 1,700,000
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Share Save

400 Atwood Avenue

Cranston, RI, 02920
$ 1,700,000
Baths0.0 Sq 6,655

Monthly Estimate*

$ 11,299

400 Atwood Avenue, Cranston, RI 02920 - Image 1
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400 Atwood Avenue, Cranston, RI 02920 - Image 8
400 Atwood Avenue, Cranston, RI 02920 - Image 9
400 Atwood Avenue, Cranston, RI 02920 - Image 10
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400 Atwood Avenue, Cranston, RI 02920 - Image 12
400 Atwood Avenue, Cranston, RI 02920 - Image 13
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400 Atwood Avenue, Cranston, RI 02920 - Image 19
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Studio

Commercial Property for sale in Cranston, RI

for $1,700,000. This 6,655 square foot building was built in 1970 on a lot size of 0.61.

Well established Chinese restaurant since 1980 is ready for new owner. Excellent investment opportunity to start your dream restaurant team with established clientele in a high visibility and well travelled road in the heart of Cranston's commercial district. Nice open and well lit contemporary design inside and out. Large and spacious dining sections, beautiful cocktail lounge with full liquor license, suitable for dining in, take out, and catering. The whole restaurant is well maintained and updated. The huge professional kitchen is beautiful and clean, and well organized with walk-in refrigerators and freezer, 600 AMP electric power capacity. There is a spacious storage room on the second floor. The total indoor seating is 120+. There is plenty of room to buildout for outdoor dining, or drive thru service if desired. Nicely paved parking lot has approx. 54 parking space. Financial info is only available to firm buyers. Buyer need to proof source of funding, or preapproval letter from lender. Please check out the for lease info on MLS#1341419. Motivated seller! Lease will be at $7500/month, with option to buy. Seller financing is negotiable.

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Commercial Active

Price

$ 1,700,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 21,592

Style

Commercial

Lot Size

0.61

Year Built

1970

Town/City

Cranston

County/Region

Providence

MLS | Web ID

1300328
Features
General
Sewer Connected PublicSewer
Heating ForcedAir Gas Zoned
Cooling CentralAir
Utilities NaturalGasConnected SewerConnected WaterConnected
Possession Negotiable
Zoning C4
Security Features BuildingSecurity CarbonMonoxideDetectors FireAlarm FireSprinklerSystem SmokeDetectors SecurityService
Construction Materials Masonry
Year Built 1970
Electric Item200AmpService CircuitBreakers
Stories 2
Levels Two
Property SubType Commercial
Tax Year 2020
Business Type BarTavernLounge FoodBeverage Restaurant
Community Features Golf HighwayAccess NearHospital NearSchools PublicTransportation RecreationArea Shopping HighTrafficLocation StreetLights Sidewalks
Business Name China Dynasty Restaurant
County Providence
New Construction N
Property Type CommercialSale
HOA / Comm Assn N
Attached Garage N
Possible Use Commercial Investment
Garage Y/N N
Status Active
City Cranston
View Y/N N
Senior Community Y/N N
Total Units 3
Lot Size Square Feet 26600.0
Waterfront Y/N N
Carport Y/N N
Street Name Atwood
Property Attached Y/N Y
Land Lease Y/N N
Tax Annual Amount 21592.0
Home Warranty Y/N N
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N Y
Rent Control Y/N N
Virtual Tour https://tour.RiLiving.com/400-Atwood-AV-Cranston-RI-02920
Days on Market 745
Standard Status Active
Occupancy Type Owner
Tax Assessed Value 799700
Tax Lot 884
Ownership Type Corporation
Cap Rate 7.0
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Interior
Furnished Y/N Furnished
Total Stories 2
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N N
Above Grade Finished Area 6655.0
Street Suffix Avenue
Electric On Property Y/N N
Total Baths 0
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Exterior
Water Source Connected Public
Total Parking 54.0
Lot Size Area 26600.0
Foundation Details ConcretePerimeter
Number of Buildings 1
Spa N
Building Area Total 6655.0
Lot Size Acres 0.61
Road Surface Type Paved
Frontage Length 140
Lot Size Units SquareFeet
Road Frontage Type CityStreet
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 400
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* Excluded Features
List By
Circle 100 Real Estate

Broker

smhsia869@gmail.com

Email

Affordability Calculator

$13,098
Per Month
86%
14%
0%
Monthly Principal & Interest
$11,299
Monthly Property Taxes
$1,799
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
248553 Elementary School
248554 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
12/22/2023$1,700,000 -19.05% Price Down
12/18/2021$2,100,000 Listed Price

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400 Atwood Avenue, Cranston, RI, 02920 is a Commercial Property for sale at $1,700,000 with 6,655 sqft and a lot size of 0.61. 400 Atwood Avenue is a studio with 0.0 baths and was built in 1970. The property's zip code is 02920 which is in Cranston, RI

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