Commercial,Commercial Sale at 4 Gansett Avenue, Cranston
Commercial,Commercial Sale at 4 Gansett Avenue, Cranston, photo 2 of 6
Commercial,Commercial Sale at 4 Gansett Avenue, Cranston, photo 3 of 6
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Commercial,Commercial Sale at 4 Gansett Avenue, Cranston, photo 6 of 6
6 photos

$500,000

4 Gansett Avenue
Cranston, RI 02920
Listed by Doris Blanchard
Bedrooms
N/A
Bathrooms
N/A
Living area
N/A
Year built
1920

About this home

Great opportunity to own this mixed-use 1715 sq. ft. building in a highly visible, centrally located, and easily accessible area of Cranston. The first floor features two retail units, while the second floor offers an 875± sq. ft. apartment with its own private entrance. All units are currently rented, providing immediate income and strong investment potential. Don’t miss your chance to secure this prime location and lucrative real estate opportunity. Schedule a viewing today to explore everything this building has to offer.

Property details

MLS #
1408404
Property type
Commercial,Commercial Sale
Subdivision
N/A
Status
Active
Days on market
125
On market date
March 25, 2026
Stories
N/A
Total bathrooms
N/A
Garage spaces
N/A
Parking spaces
2
Lot size
2,685 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
Stadium School
0.28 mi away · Grades -1-5
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
238
Student:teacher ratio
12.5:1
District
Cranston
Middle
Hugh B. Bain Middle School
0.31 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
1.03 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, 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).

84
Highly walkable
out of 100
EPA National Walkability Index
14.5 / 20 -- Above average walkable
Google Places amenity density
100 / 100
Restaurants & cafes20
Grocery stores12
Parks10
Schools16
Transit stops20
Pharmacies3

Market position

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

On the market 125 days -- 91 more days than Cranston's current average of 34 days.
For reference, the median list price across 426 active listings in Cranston right now is $477,000.

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
$3,161/mo
$100,000 down
$400,000 loan
Principal & interest$2,594
Property tax (est.)$417
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 26, 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.