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Automotive Shops on Busy Route
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1943 Putnam Pike, Glocester, RI 02814

Two automotive shops available for lease on busy route.

Property Size3,520 SF
Lot Size0.75 Acres
Price / SF$1.42
Days on Market811

Property Features for 1943 Putnam Pike

General Information

Standard status Active
Size 3,520 SF
Total Parking Spaces 75
Lot size 0.75 Acres
Property subtype Land, Retail

Building Details

Year Built 1940
Buildings 1
Stories 2
Units 2
Listing Agency: Noonan/Lombardi, Realtors
Listed By: Noonan / Lombardi Team
Source: Crexi
Added: Jun 7, 2024 Changed: Aug 26 Last Checked: Jul 19 at 5:59AM

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 Noonan/Lombardi, Realtors

Investment Insights

Based on property information with market context.

This property features two automotive shops available for lease, either as a whole package or individually. One shop includes 3 garage bays, a lift, restroom, and office space. The other shop features 2 garages with a paint booth and potential for expanded office space on the second floor. The property is suitable for service shops, auto body businesses, and car dealerships. It includes a fenced area for security, with space for up to 25 unregistered cars and 50 registered and operable vehicles, and has a license for auto body repair. The leasable lot area is over 0.75 acres and is located on a busy route near the Connecticut line. The building has undergone revitalization and is ready for leasing.

Key Highlights

  • Licensed for auto body repair with space for 25 unregistered and 50 registered/operable cars.
  • Two shop spaces available, can be rented together or separately.
  • Located on a busy route near the Connecticut line.

Property Analytics

Current Use

Auto shops

Suggested Use

Top Pick Plumbing Service Kitchen & Bath Showroom

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

6
Businesses Nearby
Well-served
Demand for This Use

Demographics for 02814, RI

7,549
Population
3,249
Households
2.3
Avg Household Size
48
Median Age
32%
College-Educated
95%
High-School Grad
43.4 sq mi
ZIP Area
174
Density / Sq Mi
$109,632
Median Household Income
$58,446
Median Earnings
$1,046
Median Rent
$376,200
Median Home Value

Market

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
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Frequently Asked Questions

What type of property is this?
Auto shop - Two automotive shops available for lease on busy route.
Where is this auto shop located?
The property is located at 1943 Putnam Pike Glocester, RI.
What are key features of this property?
This property features: Licensed for auto body repair with space for 25 unregistered and 50 registered/operable cars.; Two shop spaces available, can be rented together or separately.; Located on a busy route near the Connecticut line.
More about this property
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