CCertihomes
727 Cranston, Providence, RI 02907

$950,000

0 beds 0 baths Built 1938Active

About this home

Discover a lucrative opportunity with this established commercial property in a prime location! Operating as a vibrant bar/lounge, this versatile space spans 2, 400 square feet, offering ample room for growth, updating, and innovation. Boasting 50 parking spots in the paved lot, accessibility is a breeze for patrons. A turnkey investment, the sale includes all equipment and supplies, ensuring a seamless transition for new ownership. With a loyal clientele and thriving business model in place, capitalize on this thriving venture and make your mark in the bustling commercial landscape. Opportunity awaits in this dynamic property poised for success!

Affordability — calculate your monthly payment

Adjust your budget to see what's left after housing, utilities and transportation. Numbers below assume a 5% down, 30YrJumbo at 4% APR.

Your estimated payment
$7,734/mo

Real estate (PITI + HOA + PMI)
$6,588
Principal + interest$4,309
Property tax + insurance$1,923
PMI / 2nd mortgage$356
Utilities
$2,482
Heating + cooling$1,088
Internet + TV + phone$140
Water + sewer + garbage$58
Transportation
$166
Car insurance + maintenance$166
Other (entertainment)
$140
$7,734/mo TLC
Budget$8,234/mo
Remaining after TLC$500/mo
Purchase price
$950,000
Down payment
$47,500 (5%)
Loan amount
$902,500
APR
4%

Quick facts

Type
Commercial Sale
Style
Year built
1938
Lot size
Stories
0
Heating
Cooling
Water
Connected
HOA
Annual tax
$10,562
MLS #
1357727
County
Providence

Home features

Sewer
Connected

Lot features

Urban

Neighborhood — 02907

MetricThis ZIPCountyUSA
Population26,4561,095,423299,088,112
Population Change Since199010.00%9.00%20.00%
Population Density10,349994
Male12,996529,266147,432,321
Female13,460566,157151,655,844
Never Married7,913266,40463,775,926
Married6,240435,678123,120,365
Separated1,86643,64212,639,686
Widowed1,14966,66815,467,586
Divorced1,99083,84323,075,029
Number Of House Hold8,552410,399111,826,380
Average House Hold Size3.042.562.60
Medial Age27.4437.2735.46
Median House Hold Income$25,619$47,553$48,276
Average House Hold Income$39,645$61,609$63,629
P C I$13,168$23,965$24,529
M D I$23,495$40,634$41,133
A T H E$37,534$49,940$50,898
S T R7.00%7.00%
W C J77.47%78.02%77.74%
(Zip) Code
2907

Data via Certihomes neighborhood index. Comparisons across this ZIP, county and the United States.

Map & walkability

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RI & State Wide MLS

Listing information last refreshed 4/26/2024. Provided courtesy of the listing office via RI & State Wide MLS. Information deemed reliable but not guaranteed.