400 Dyer Ave Cranston

400 Dyer Ave Cranston, RI 02920

FOR SALE
Property Type:
Street Retail
Amount:
$629,000
Last Verified:
Jul 04, 2020

Highlights

  • 100% Leased
  • Bakery New 5 yr lease to be signed on or before closing
  • Laundromat New 10 yrs to be signed at or before closing
  • Eye Lash Service New 1 year lease signed on or before closing

Description

Cash to buyer, recent renovations to the building including
New roof 2019
Complete renovation of the Laundromat space in 2017

Mix of residential, commercial, retail and office.


Year Built: 1987
Building Size: 5316.0sq ft
Lot Size: 0.14 acres

Map of 400 Dyer Ave, Cranston, RI, 02920

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.