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$1,150,000

  • For Sale
  • Active
  • Retail
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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.

Full Property Details for 508 Reservoir Ave

General

  • Price: $1,150,000
  • Taxes: $15,556 (2024)
  • Status: Active
  • Type: Retail
  • Source: STWMLS
  • MLS ID: 1404009
  • Updated: 2/2/2026
  • Added to Site: 21 day(s) ago

Business

  • Business Type: Mixed, Residential, Retail

Interior

  • Furnishings: Unfurnished

Parking

  • Total Spaces: 20

Location

  • County: Providence
  • Near Highway: Yes

Community

  • Units Assoc/Comm: 8

Heating & Cooling

  • Central air: Yes
  • Air Conditioning: Yes
  • Cooling Type: Central Air Conditioning
  • Heating Type: Central, Forced Air, Hot Water

Utilities

  • Sewer: Connected, Sanitary
  • Water: Connected, Public
  • Utility Description: Natural Gas Available, Natural Gas Connected, Municipal Utilities, Water Connected, Sewer Connected

Structural Information

  • # Buildings: 3
  • Detached/Attached: Detached
  • Construction: Brick, Frame, Masonry
  • Basement: Yes
  • Basement Desc.: Full
  • Stories/Levels: 0
  • Building Size: 3874
  • Finished Total: 3,874 Sq. Ft.
  • Finished Above Grnd: 3,874 Sq. Ft.
  • Year Built: 1949

Lot Features

  • Lot Size (Sq. Ft.): 12,825
  • Lot Size: 12825
  • Sidewalks: Yes

Financial Considerations

  • Tax Amount: $15,556
  • Tax Year: 2024

Disclosures and Reports

  • Property ID: 508514RESERVOIRAVCRAN
  • Lot Number: 7017021558

Listed by RE/MAX Results

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— 508 Reservoir Ave —

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NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Schools serving 508 Reservoir Ave

School District:Cranston School District
NameGradesDistance
W. R. Dutemple School
32 Garden Street, Cranston, RI 02910
K-50.4 mi
Park View Middle School
25 Park View Boulevard, Cranston, RI 02910
6-81.3 mi
Cranston High School East
899 Park Avenue, Cranston, RI 02910
9-120.3 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 508 Reservoir Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
1/29/2026
Listed
$1,150,000
389.36%
MLS
11/27/2020
Sold
$235,000
—
Public Record
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Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 508 Reservoir Ave

Year
Property Taxes
Change
Tax Assessment
Change
2025
$6,348
2%
$304,900
—
2024
$6,226
-10%
$304,900
25%
2023
$6,934
2%
$244,600
—
2022
$6,793
3%
$244,600
—
2021
$6,604
-14%
$244,600
—
2020
$7,644
—
$245,300
—
2019
$7,644
1%
$245,300
11%
2017
$7,605
2%
$221,000
—
2016
$7,443
—
$221,000
—
2015
$7,443
-11%
$221,000
-10%
2014
$8,367
—
$244,300
—
2013
$8,370
—
$244,300
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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508 Reservoir Avenue, Cranston, RI 02910 (MLS# 1404009) is a Retail property. 508 Reservoir Avenue is currently listed for $1,150,000 and was received on January 29, 2026. Want to learn more about 508 Reservoir Avenue? Do you have questions about finding other Retail real estate for sale in Cranston? You can browse all Cranston real estate or contact a Coldwell Banker agent to request more information.

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