Search
1153 Central Avenue, Pawtucket, RI, 02861
Pawtucket Auto Business Opportunity

1153 Central Avenue Pawtucket, RI 02861

For Sale
$1,200,000

Established auto sales, body, and towing business for sale.

Property Size8,200 SF
Lot Size0.74 Acres
Price / SF$146.34
Days on Market287

Property Features for 1153 Central Avenue

General Information

Standard status Active
Size 8,200 SF
Lot size 0.74 Acres
Property subtype Commercial

Building Details

Year Built 1940
Listing Agency: Century 21 Limitless
Listed By: Kyle Seyboth · License #32535
Source: Liongatere
Added: Oct 14, 2025 Changed: Jul 10 Last Checked: Jul 26 at 4:37PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Century 21 Limitless

Investment Insights

Based on property information with market context.

An established auto sales, auto body, and towing operation is available for purchase in Pawtucket. The property is situated on a 32,234 square foot lot and includes an 8,200 square foot building. The site has space for up to 100 cars. The entire lot is gated and fenced.

Key Highlights

  • Established auto sales, auto body, and towing business in Pawtucket.
  • Large 32,234 square foot lot with ample space for up to 100 cars.
  • Includes an 8,200 square foot building.

Financial Insights For Retail

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $147.6k $18.00
− Vacancy −$15.4k −$1.87
EGI $132.2k $16.13
− OpEx −$39.7k −$4.84
NOI $92.6k $11.29
8,200 SF · lease $18.00/SF/yr · vacancy 10.40% · expense 30.00%

Alternative Uses

Best Use
Retail
$1.32M
$1.16M – $1.54M (±1% cap)
NOI $92,575 @ 7.0% cap · market cap 7.71%
Second Best
Industrial
$611.3K
$534.9K – $713.2K (±1% cap)
NOI $42,792 @ 7.0% cap · market cap 3.57%
Theoretical Best
Multifamily LT 5
$1.95M
$1.71M – $2.28M (±1% cap)
NOI $136,534 @ 7.0% cap · market cap 11.38%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Property Profile Location Intelligence

Current Use

Jim's Auto Sales ... Auto Repair Shop

Suggested Use

Top Pick Law Firm Real Estate Agency Spa & Massage Center Restaurant Dental Office Skin Care Clinic

Zoning and permitted uses should be independently verified with authorities.

Frequently Asked Questions

What type of property is this?
Automotive property - Established auto sales, body, and towing business for sale.
Where is this automotive property located?
The property is located at 1153 Central Avenue Pawtucket, RI.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: Established auto sales, auto body, and towing business in Pawtucket.; Large 32,234 square foot lot with ample space for up to 100 cars.; Includes an 8,200 square foot building.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message