2160 Broad Street, Cranston, RI, 02905 | $699,900

Great Commercial Building in the heart of Pawtuxet Village. Your chance to become a part of this beautiful village and build the business of your dreams. Tons of potential, even add a possible second floor addition. Former uses were a long time Deli, an Ice Cream shop, an a beauty shop. The village has tons of foot traffic and is a popular spot in the City of Cranston and Warwick. Opportunities don't come around too often to purchase your own business/building in this area. Building is currently divided into two (2) separate units with Separate utilities for great rental income for investors. Pawtuxet village is a quaint Riverside hot-spot with fantastic views of the Narraganset Bay and is know for its Trendy eateries and eclectic shops where there is something to be uncovered for everyone. Building is being sold "as is".

Features

  • Property Type: Commercial
  • Permitted Use: Commercial,Retail
  • Construction: Brick,Masonry
  • Utilities: Electricity Available,Natural Gas Available,Natural Gas Connected,Municipal Utilities,Sewer Connected,Water Connected
  • Parking: 8-car
  • Heating: Baseboard,Gas,Hot Water
  • Cooling: Ductless,Window Unit(s),Wall Unit(s)
  • Amenities: Highway Access,Marina,Near Hospital,Near Schools,Public Transportation,Recreation Area,Restaurant,Shopping,Tennis Court(s)
  • Units: 1
  • Zoning: C3
  • Year Built: 1968
  • Est. Taxes: $5,669
  • MLS#: 1409855
  • Website: https://www.raveis.com
    /prop/1409855/2160broadstreet_cranston_ri?source=qrflyer
Listing information has been assembled from various sources of varying degrees of reliability. Any information critical to the buying decision should be independently verified.

William Raveis Family of Services

Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.

Michael ReimanSales Associate

860.301.1546

Michael.Reiman@raveis.com

Our family of companies offer our clients a new level of full-service real estate. We shall:

  • Market your home to realize a quick sale at the best possible price
  • Place up to 20+ photos of your home on our website, raveis.com
  • Provide frequent communication and tracking reports showing the Internet views your home received on raveis.com
  • Showcase your home on raveis.com with a larger and more prominent format
  • Give you the full resources and strength of William Raveis Real Estate, Mortgage & Insurance and our cutting-edge technology

To learn more about our credentials, visit raveis.com today.

Dave BeckmanVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 10930

203.641.8287

Dave.Beckman@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
  • Offers you pre-approval in minutes!
  • Provides a guaranteed closing date that meets your needs
  • Has access to hundreds of loan programs, all at competitive rates
  • Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction

Brian KellyInsurance Sales Director, William Raveis Insurance

860.655.6934

Brian.Kelly@raveis.com

Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
  • Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
  • Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

2160 Broad Street, Cranston, RI, 02905

$699,900

Michael Reiman

Sales Associate

William Raveis Real Estate

Phone: 860.301.1546

Michael.Reiman@raveis.com

Dave Beckman

VP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 203.641.8287

Dave.Beckman@raveis.com

NMLS Mortgage Loan Originator ID 10930

5/6 (30 Yr)
Adjustable Rate Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $559,920 $559,920 $559,920
Term 360 months 360 months 180 months
Initial Interest Rate** 6.125% 6.490% 5.750%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.424% 6.640% 5.972%
Monthly Tax Payment $472 $472 $472
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $3,402 $3,535 $4,650
Total Monthly Payment $3,966 $4,099 $5,214

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.