Pawtucket Auto Business
For Sale
$1,200,000
1153 Central Avenue, Pawtucket, RI 02861
Established auto sales, body, and towing business for sale.
Property Size8,200 SF
Lot Size0.74 Acres
Price / SF$146.34
Days on Market578
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 #REB.0019335
(508) 726-3492
Source:
Milburyre
Added: Mar 13, 2025
Changed: Oct 11
Last Checked: Oct 11 at 9:16AM
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
Estimated NOI and Cap Rate
NOI / Yr
$92,575
Cap Rate
7.71%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,851,500
$1.9M
Cap Rate 7%
$1,322,500
$1.3M
Cap Rate 9%
$1,028,611
$1.0M
Market Conditions
NOI Build-Up for 8,200 SF
Gross rent
$147.6K $18.00/SF
− Vacancy
−$15.4K −$1.87/SF
EGI
$132.2K $16.13/SF
− OpEx
−$39.7K −$4.84/SF
NOI
$92.6K $11.29/SF
Area
Providence County, RI
Vacancy
10.40%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,851,500
Cap Rate 7%
$1,322,500
Cap Rate 9%
$1,028,611
Alternative Uses
Best Use
Retail
$1.32M
$1.16M – $1.54M
NOI $92,575 @ 7.0% cap · market cap 7.71%
Second Best
Industrial
$611.3K
$534.9K – $713.2K
NOI $42,792 @ 7.0% cap · market cap 3.57%
Theoretical Best
Multifamily LT 5
$1.95M
$1.71M – $2.28M
NOI $136,534 @ 7.0% cap · market cap 11.38%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
266
Businesses Nearby
46k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 52%
Dining 30%
Home Improvements & Furnishings 18%
Speedway
Shops & Services
11,224 visits/mo
0.4 miles
Dunkin' Donuts
Dining
10,704 visits/mo
0.0 miles
Rocky's Ace Hardware
Home Improvements & Furnishings
8,390 visits/mo
0.1 miles
Dollar General
Shops & Services
7,954 visits/mo
0.1 miles
7-Eleven
Shops & Services
2,927 visits/mo
0.4 miles
Demographics for 02861, RI
27,833
Population
11,928
Households
2.3
Avg Household Size
40
Median Age
20%
College-Educated
87%
High-School Grad
3.6 sq mi
ZIP Area
7,731
Density / Sq Mi
$83,044
Median Household Income
$47,384
Median Earnings
$1,278
Median Rent
$285,200
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in Northeast region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
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.
