Multi-Tenant Auto Shop
293 Waterman Avenue, Smithfield, RI 02917
For Sale
$1,800,000
Multiple rented automotive spaces are complemented by upper-level offices and a separate residential lot.
Property SizeContact for details
Days on Market15
Property Features for 293 Waterman Avenue
General Information
Standard status
Property subtype
Automotive
Service Bays
Automotive Uses
Tenancy & Operations
Tenant in Place
Real Estate Included
Amenities
waiting room
offices
kitchen area
Building Details
Year Built
Listing Agency:
White Swan Realty
Listed By:
Michael Miele · License RI #744043047
(401) 316-4110
Source:
Milburyre
Added: Oct 27
Changed: Nov 8
Last Checked: Nov 8 at 6:34AM
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 White Swan Realty
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This automotive property includes a body shop of approximately 3,000 square feet with a frame machine, spray booth, and mixing room. A separate 5,500-square-foot dealership and repair facility has a waiting room, four offices, and a kitchen. Its equipment includes three above-ground lifts, a compressor, and a new waste-oil heater. Four additional garages at the rear are rented, and the second floor contains 1,600 square feet of office space.
The property occupies more than an acre, with a residential lot also included in the sale. The building dates to 1950.
The property occupies more than an acre, with a residential lot also included in the sale. The building dates to 1950.
Key Highlights
- Approximately 3,000 square feet of body shop space with frame machine, spray booth, and mixing room
- 5,500‑square‑foot dealership and repair facility with waiting room, 4 offices, and kitchen
- Repair facility includes 3 above‑ground lifts, compressor, and new waste‑oil heater
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
3
Service bays
Location Intelligence
Trade Area within ½ mile
186
Businesses Nearby
7k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
Cumberland Farms
Shops & Services
7,178 visits/mo
0.4 miles
Demographics for 02917, RI
14,738
Population
5,119
Households
2.9
Avg Household Size
38
Median Age
38%
College-Educated
92%
High-School Grad
21.4 sq mi
ZIP Area
689
Density / Sq Mi
$106,772
Median Household Income
$44,229
Median Earnings
$988
Median Rent
$416,100
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Average Price Trend$/SF for Auto shops in Providence County, RI
Properties on Market for Auto shops in Providence County
Vacancy Rate% for Retail in Northeast region
Similar Off Market Nearby
- Lagunas Auto Repair llc — 123 Putnam Pike, Johnston, RI 02919
- JC auto service llc — 123 Putnam Pike, Johnston, RI 02919
- Greystone Auto Center — 129 Waterman Ave, North Providence, RI 02911
- CARS Automotive — 8 Larch St, Smithfield, RI 02917
- lou's auto gallery — 234 Putnam Pike, Johnston, RI 02919
Frequently Asked Questions
What type of property is this?
Auto shop - Multiple rented automotive spaces are complemented by upper-level offices and a separate residential lot.
Where is this auto shop located?
The property is located at 293 Waterman Avenue Smithfield, RI.
What is the asking price?
The asking price for this property is $1,800,000.
What are key features of this property?
This property features: Approximately 3,000 square feet of body shop space with frame machine, spray booth, and mixing room; 5,500‑square‑foot dealership and repair facility with waiting room, 4 offices, and kitchen; Repair facility includes 3 above‑ground lifts, compressor, and new waste‑oil heater
