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Real Estate
No photos available for this listing

$1,295,000

1040 Cranston Street
Cranston, RI 02910
Listed by Terry Cipolla
Bedrooms
5
Bathrooms
2.1
Living area
N/A
Year built
1900

About this home

Mixed-use, commercial, and residential property with extra lot! Originally two single-family homes, this distinctive property has been thoughtfully combined to create a versatile 6200 sq ft mixed use offering with an extra LOT!!!!. Featuring an oversized two-car garage with a spacious studio above, this area is ideal for a dance studio, large office or creative workspace. One side showcases a beautifully maintained residential home with three bedrooms, a granite kitchen, a comfortable family room, and additional office space-perfect for today's flexible needs. Zoned C5, the property allows for a wide range of business opportunities. Additional spaces are currently configured for office use, including medical/dental, with flexibility to accommodate various professional, commercial, or residential applications. The lower level includes a full apartment. The added bonus is the inclusion of an extra lot, offering even more potential for expansion, additional parking, outdoor use, or future development (subject to approvals).

Property details

MLS #
1409521
Property type
Apartment,Multi Family
Subdivision
N/A
Status
Active
Days on market
26
On market date
April 8, 2026
Stories
2
Garage spaces
2
Lot size
0.3272 acres

Location

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Nearby schools

Within 10 miles · public school directory data (NCES)

Elementary
Gladstone Street School
0.13 mi away · Grades 0-5
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
493
Student:teacher ratio
13.7:1
District
Cranston
MiddleCharter
AF Iluminar Mayoral Middle Sch
0.26 mi away · Grades 5-7
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
307
Student:teacher ratio
16.2:1
District
Achievement First Rhode Island
High
Dr. Jorge Alvarez HS
0.93 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
681
Student:teacher ratio
13.1:1
District
Providence

Mortgage calculator

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Est. monthly payment
$7,949/mo
$259,000 down
$1,036,000 loan
Principal & interest$6,719
Property tax (est.)$1,079
Home insurance (est.)$150

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Data source: Listing information provided by Rhode Island Association of REALTORS via Trestle/CoreLogic. Last updated May 4, 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.