Commercial at 1234 Oaklawn Avenue, Cranston
Commercial at 1234 Oaklawn Avenue, Cranston, photo 2 of 6
Commercial at 1234 Oaklawn Avenue, Cranston, photo 3 of 6
Commercial at 1234 Oaklawn Avenue, Cranston, photo 4 of 6
Commercial at 1234 Oaklawn Avenue, Cranston, photo 5 of 6
Commercial at 1234 Oaklawn Avenue, Cranston, photo 6 of 6
6 photos

$1,800,000

1234 Oaklawn Avenue
Cranston, RI 02920
Listed by Kristin Coletti
Bedrooms
N/A
Bathrooms
N/A
Living area
N/A
Year built
1500

About this home

Prime Commercial Development Opportunity, highly visible with excellent frontage, strategically located commercial land featuring all required approvals in place, including drive-thru entitlement and liquor licensing. The property is development-ready with architectural drawings, clean Phase 1 and completed engineering plans, providing an opportunity to move efficiently toward construction and opening. An exceptional opportunity for an operator, investor, or developer seeking a high-traffic commercial site with significant entitlement and planning work already completed.

Property details

MLS #
1424642
Property type
Commercial
Subdivision
N/A
Status
Active
Days on market
1
On market date
October 6, 2026
Stories
N/A
Total bathrooms
N/A
Garage spaces
N/A
Parking spaces
N/A
Lot size
33,106 sqft
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Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card (e.g. NC Dept. of Public Instruction, SC Report Card).

Elementary
Oak Lawn School
0.79 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
248
Student:teacher ratio
15.5:1
District
Cranston
Middle
Hope Highlands Middle School
1.98 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
355
Student:teacher ratio
12.7:1
District
Cranston
HighCharter
NEL/CPS Construction Career
0.88 mi away · Grades 9-12
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
173
Student:teacher ratio
11.5:1
District
Cranston

Walkability

Blended score for Cranston's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

90
Highly walkable
out of 100
EPA National Walkability Index
17.3 / 20 -- Most walkable
Google Places amenity density
95 / 100
Restaurants & cafes20
Grocery stores3
Parks5
Schools4
Transit stops20
Pharmacies5

Market position

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

On the market 1 days -- 33 fewer days than Cranston's current average of 34 days.
For reference, the median list price across 452 active listings in Cranston right now is $479,900.

Mortgage calculator

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

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Est. monthly payment
$10,990/mo
$360,000 down
$1,440,000 loan
Principal & interest$9,340
Property tax (est.)$1,500
Home insurance (est.)$150

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Data source: Listing information provided by Rhode Island Association of REALTORS via Trestle/CoreLogic. Last updated 22 hr ago.

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.