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Property profile & analytics
FOR SALE
Showrooms

20 Pleasant St Cumberland, RI 02864

3,830 SF 0.26 ac lot Built 1950
Entity Owned ~ Est. High Equity
Property ID
US76-0363405
Property summary
AI-generated overview

This exceptional commercial property presents a lucrative investment opportunity in Cumberland, RI. Encompassing two lots (20 Pleasant Street - Lot 162 and 80 Eddy Street - Lot 348), this established auto body shop boasts over 15,000 square feet of space, ideal for continued operation or redevelopment. The 0.36-acre property features ample parking with over 30 outdoor spaces, plus oversized garages, providing significant operational capacity. The property benefits from a recently installed brand-new roof, completed in December 2021, ensuring long-term cost savings. Furthermore, the interior has undergone a complete cleaning and repainting, presenting a move-in ready condition. This turnkey operation is situated in a highly visible and successful location, offering immediate income potential. The seller is offering financing options, making this an even more attractive proposition for qualified buyers. This is a rare opportunity to acquire a well-established, high-performing business with significant potential for growth and return on investment. The property's size, location, and recent improvements combine to create a compelling investment package. Serious inquiries are encouraged to explore this exceptional opportunity further. Don't miss out on this chance to own a thriving business in a desirable location.

Property profile
Verified
Property type Showrooms
Use group SHOW ROOM, WAREHOUSE
Year built 1950
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 3,830 SF
Lot 0.26 ac (11,108 SF)
Zoning code R-2
APN CUMB M:004 B:0162 L:000
UPID US76-0363405
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Mac316 Realty LLC
Mac316 Realty LLC
since 2025
Last sale
$600,000
6 recorded transactions
2025
$600,000
2025
$6,052
2025
$4,742
2022
$1,405
2020
Price N/A
2002
$175,000
Zoning & alternative use
R-2 · Cumberland, RI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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