1801 Cranston/& 14 Vervena Street 1803
Cranston, RI 02920

The opportunities are plentiful with this mixed-use property located on a corner lot in Knightsville, just steps from Itri Park and the area's popular dining establishments. The site consists of 2 buildings and one 2,000 sf lot, offering 5 residential units and 2 businesses in total. The warehouse is currently shared by a cleaning and plumbing company, with an open layout for offices, desks and supplies, and dedicated use of the oversized two-car garage. The second business is a salon with multiple styling chairs, a mani-pedi area, and a separate esthetician room. These two flexibles spaces lend themselves to any number of uses. The multi-family component consists of 5 residential units featuring a variety of amenities including in-unit laundry & AC, lots of windows and natural light, and either a rooftop deck or patio for outdoor enjoyment. Consider offsetting your business expenses with on-site rental income! There's ample parking to accommodate both business clientele and residential vehicles. The utilities are separate with individual electric meters and heat for all units. Rents are currently below market value with long-standing tenants and no leases in place. The location is easily accessible to highways and close to all conveniences.