1289 Cranston St, Cranston, RI, 02920
About This Home
Exceptional opportunity to own a well-maintained mixed-use property in a highly visible and convenient Cranston location. Perfect for business owners, investors, or owner-occupants, this versatile property offers strong commercial exposure along with a beautifully designed townhouse-style residence above. The commercial space is ideal for a variety of business uses, while the residential unit features a spacious and inviting layout with an open kitchen, large living and dining areas, 3 bedrooms, 1.5 baths, and a dedicated laundry room. Additional highlights include fully owned solar panels, two Navien heating and hot water systems, and a detached two-car garage with potential for a variety of uses, including possible ADU potential (buyer to conduct due diligence). Conveniently located on the bus line with easy access to major highways, shopping, and local amenities. This property qualifies for owner-occupied FHA financing, making it an excellent opportunity for both homeowners and investors alike.
Getting Around
Very Walkable
Some Transit
BikeableSchools
Construction
Condition
- Year built: 1900
Materials
- Construction materials: Aluminum Siding,Brick
Type & Style
- Home type: MultiFamily
- Property subType: Multi Family
Interior
Appliances
- Appliances included: Gas Water Heater
Basement
- Has basement: Yes
- Basement: Full,Interior Entry,Unfinished
Bedrooms & Bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 1
- 1/2 bathrooms: 2
Features
- Flooring: Hardwood,Laminate,Vinyl
Heating
- Heating features: Natural Gas,Baseboard
Interior Area
- Total structure area: 3,162
- Total interior livable area: 3,162 sqft
Property
Details
- Parcel number: CRANM82L800U
- Attached to another structure: Yes
Lot
- Lot size: 3,484 sqft
Parking
- Total spaces: 4
- Parking features: Detached
- Has garage: Yes
- Attached garage spaces: 2
- Covered spaces: 2
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Inland Flooding
- Cold Wave
- Heat Wave
- Lightning
- Tsunami
How This Home’s Risks Compare
FEMA Declared Disasters Across Rhode Island Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $3,433 | $41,196 |
| Home Insurance * | $283 | $3,396 |
| Property Taxes | $785 | $9,420 |
| Electricity | $643 | $7,727 |
| Total | $5,144 | $61,728 |
Income You'd Need if You Spent...
Rhode Island FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-07-23 | Listed for sale | $679,000 |
| 2026-06-12 | Listing removed | $679,000 |
| 2026-06-08 | Listed for sale | $679,000 |
| 2024-08-27 | Sold | $549,000 |
| 2024-07-06 | Pending sale | $549,000 |
| 2024-06-07 | Listed for sale | $549,000 |
| 2018-05-07 | Sold | $223,000 |
| 2017-12-06 | Price change | $225,900 |
| 2017-07-17 | Listed for sale | $259,900 |
| 2016-04-04 | Listing removed | $249,900 |
| 2016-01-08 | Listed for sale | $249,900 |
| 2015-03-05 | Listing removed | $169,900 |
| 2014-12-16 | Listed for sale | $169,900 |
| 2013-05-14 | Sold | $149,000 |
| 2010-12-10 | Listed for sale | $195,000 |
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