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    Established Auto Mechanic Shop For Sale Title is generated by Realmo AI

    1971 Victory Highway, Burrillville, RI 02826

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    Claim this Listing
    For Sale
    $699,900

    COMMERCIAL - Burrillville, RI

    Property size:
    3,360 SF
    Lot size:
    0.68 Acres
    Price / SF:
    $208/SF
    Added:
    Apr 7, 2026
    Days on Market:
    66
    Last Refresh:
    Jun 11 at 9:06 pm

    Property Features for 1971 Victory Highway

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Zoning
    GC
    Bathrooms
    2
    Rooms
    Bathroom 1, Bathroom 2
    Parking
    50
    Exterior features
    Doors - 10-15 ft,Lighting
    Standard status
    Active
    Size
    3,360 SF
    Lot size
    0.68 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Annual Amount
    2835

    Utilities

    Utilities
    Cable Available
    Sewer type
    Public Sewer
    Heating system
    Zoned
    Cooling system
    Central Air
    Water source
    Private

    Building Details

    Year built
    1986
    Floors in Building
    2

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    Listing Contact
    Deborah Burlingame
    Deborah Burlingame

    Listing agent Deborah Burlingame License #SL3599520

    Listing office RE/MAX Bell Park Realty 610 Hartford Pike, Dayville, RI

    Listing date Apr 7, 2026

    MLS# 24165149

    Copyright © 2026 SmartMLS, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Built in 1986 and currently operated as an auto mechanic shop with 3 bays and 3 lifts
    • 14x14 ft garage doors and 15 1/2 ft ceilings, plus forced air in the garage fueled by waste oil
    • Central air with zoned heating and heat detectors
    • Dedicated office space and on‑site parking for 30‑50 vehicles
    • Corner lot on Victory Highway with 10‑15 ft doors and lighting
    • Commercial zoning with potential residential apartment above for additional income or live/work flexibility; public sewer and private water

    Overview

    This commercial property, currently a fully operational auto mechanic shop, presents a prime opportunity in Glendale. Situated on a corner lot just off Victory Highway, the location benefits from excellent visibility, accessibility, and consistent traffic. The property features 3 bays, 3 lifts, 14x14 ft garage doors, and 15 1/2 ft ceilings. It also includes dedicated office space, heat detectors, and central air. The garage has forced air heating fueled by waste oil. Parking is available for 30-50 vehicles. The property is zoned commercial and offers excellent exposure. There is potential for a residential apartment above, offering added income or live/work flexibility. The property size is 3360 square feet, situated on a 0.68-acre lot. The property is located in Burrillville, RI.

    Local 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 $60.5k $18.00
    − Vacancy −$6.3k −$1.87
    EGI $54.2k $16.13
    − OpEx −$16.3k −$4.84
    NOI $37.9k $11.29
    3,360 SF · lease $18.00/SF/yr · vacancy 10.40% · expense 30.00%

    Alternative Uses

    Best Use
    Retail
    $541.9K
    $474.2K – $632.2K (±1% cap)
    NOI $37,933 @ 7.0% cap · market cap 5.42%
    Second Best
    Industrial
    $250.5K
    $219.2K – $292.2K (±1% cap)
    NOI $17,534 @ 7.0% cap · market cap 2.51%
    Theoretical Best
    Multifamily LT 5
    $799.2K
    $699.3K – $932.4K (±1% cap)
    NOI $55,946 @ 7.0% cap · market cap 7.99%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Auto shops

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Auto Repair Shop Hair Salon Nail Salon Gym & Fitness Center Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    • Joe's Auto Repair — Victory Hwy, Glendale, RI 02826

    Location Insight

    • Map
    • Local Demand
    City
    Burrillville
    County
    Providence
    State
    Rhode Island
    Longitude
    -71.6308385
    Latitude
    41.9735208

    FAQs

    What type of property is this?
    Auto shop - Turn-key auto mechanic shop with excellent visibility and income potential.
    Where is this auto shop located?
    The property is located at 1971 Victory Highway Burrillville, RI.
    What is the asking price?
    The asking price for this property is $699,900.
    What are key features of this property?
    This property features: Built in 1986 and currently operated as an auto mechanic shop with 3 bays and 3 lifts; 14x14 ft garage doors and 15 1/2 ft ceilings, plus forced air in the garage fueled by waste oil; Central air with zoned heating and heat detectors
    More about this property
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