Commercial,Commercial Sale at 508 514 Reservoir Avenue, Cranston
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$995,000

508 514 Reservoir Avenue
Cranston, RI 02910
Listed by Lisa Russo
Bedrooms
N/A
Bathrooms
N/A
Living area
N/A
Year built
1949

About this home

Fabulous Opportunity to own this Mixed Use property with high traffic count and easy access to major highways. Two buildings totaling five retail units with great visibility right on Reservoir Avenue, plus two residential apartments as well as one free standing building on Mauran Street used as an auto detailing shop. Three separate lots - To be sold as one package only. Corner lot - plenty of parking. Many recent improvements include new HVAC, plumbing, roofs, partial parking lot resurfacing. Retail units are in beautiful condition and presently leased. Call for more information.

Property details

MLS #
1404009
Property type
Commercial,Commercial Sale
Subdivision
N/A
Status
Active
Days on market
180
On market date
January 29, 2026
Stories
N/A
Total bathrooms
N/A
Garage spaces
N/A
Parking spaces
20
Lot size
12,825 sqft
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Nearby schools

Within 10 miles · public school directory data (NCES)

Elementary
W. R. Dutemple School
0.37 mi away · Grades 0-5
Nearest school -- attendance-zone data not available here
3.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
302
Student:teacher ratio
16.8:1
District
Cranston
Middle
Hugh B. Bain Middle School
0.84 mi away · Grades 6-8
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
574
Student:teacher ratio
12.5:1
District
Cranston
High
Cranston High School East
0.29 mi away · Grades 9-12
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
1,540
Student:teacher ratio
12.4:1
District
Cranston

Walkability

Blended score for Cranston's center: EPA's National Walkability Index (street network, transit, land-use mix) combined with nearby-amenity density. 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

95
Highly walkable
out of 100
EPA National Walkability Index
18.3 / 20 -- Most walkable
Nearby-amenity density
100 / 100
Restaurants & cafes20
Grocery stores15
Parks11
Schools18
Transit stops20
Pharmacies2

Market position

How this listing compares to current activity in Cranston, from live MLS data.

On the market 180 days -- 147 more days than Cranston's current average of 33 days.
For reference, the median list price across 420 active listings in Cranston right now is $485,000.

Mortgage calculator

Estimate only - actual rate and payment depend on your lender, credit, and loan program.

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Adjust tax / insurance estimates
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Est. monthly payment
$6,142/mo
$199,000 down
$796,000 loan
Principal & interest$5,163
Property tax (est.)$829
Home insurance (est.)$150

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Data source: Listing information provided by Rhode Island Association of REALTORS via Trestle/CoreLogic. Last updated July 21, 2026.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.