Cranston, RI 02905,1301 Elmwood AVE

$3,450,000

$4,295,000

19.7%
Est.Price: ?

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Est. payment /mo

54,604 SqFt


SOLD DATE : 10/29/2025

Key Details

Sold Price $3,450,000

Property Type Commercial

Sub Type Commercial

Listing Status Sold

Purchase Type For Sale

Square Footage 54,604 sqft

Price per Sqft $63

MLS Listing ID 1380862

Sold Date 10/29/25

HOA Y/N No

Abv Grd Liv Area 54,604

Year Built 1952

Tax Year 2023

Lot Size 0.948 Acres

Property Sub-Type Commercial

Property Description

GREAT INVESTMENT OPPORTUNITY. NNN LEASED PROPERTY WITH ZERO OWNER RESPONSIBILITIES. Leased to PREMIER EDUCAION PARTNERS, A national leader in providing specialized schooling and in district services for K-12+ students with mild to severe exceptionalities ( including but not limited to) Learning disabilities, Autism spectrum disorders, behavioral difficulties, social-emotional issues, health impairments, and various speech-language, cognition, and motor deficits.

CURRENTLY 11 YEARS LEFT ON THE LEASE WITH 2.5% INCREASES EACH YEAR.

Location

State RI

County Providence

Interior

Heating Baseboard, Hot Water

Cooling 1 Unit

Exterior

Community Features Golf, Highway Access, Marina, Near Hospital, Near Schools, Other, Public Transportation, Recreation Area, Restaurant, Shopping, See Remarks

Utilities Available Natural Gas Connected, Sewer Connected

Street Surface Asphalt

Total Parking Spaces 40

Building

Building Description Brick, Cafeteria,Public Restrooms

Foundation Concrete Perimeter

Sewer Connected

Water Connected

Structure Type Brick

New Construction No

Others

Tax ID 1301ELMWOODAVCRAN

Security Features Building Security,Fire Sprinkler System

Financing Conventional

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Listed by Residential Properties Ltd.
Bought with Flagship Real Estate Advisors
Mike Byrnes
Mike Byrnes

CEO & Owner

+1(508) 826-5233 | mike@mbcorporation.net

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