Mixed-Use Property with Three-Bay
6 Victoria Mount Street, Johnston, RI 02919
For Sale
New
$399,999
Commercial/Business,Commercial Sale, Johnston, RI
Property Size1,560 SF
Lot Size0.17 Acres
Price / SF$256.41
Days on Market3
Property Features for 6 Victoria Mount Street
General Information
Property type
Property subtype
Zoning
Parking
Subdivision
Lot features
Standard status
Size
Lot size
Tenancy & Operations
Real Estate Included
Business Included
Additional Details
Automotive Uses
Taxes and HOA fees
Tax Year
Tax Annual Amount
Utilities
Heating system
Cooling system
Water source
Building Details
Year built
Floors in Building
Number of units
Building materials
Listing Agency:
Bhhs Pinnacle Realty · Berkshire Hathaway HomeServices
(401) 331-3948
Listed By:
Rhonda Sasa · License RI RES.0034418
(401) 241-7074
Added: Nov 10
Changed: Nov 11
Last Checked: Nov 12 at 10:06PM
MLS# 1428248
Copyright © 2026 State Wide MLS of Rhode Island, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
Built in 1955, this mixed-use property contains a 1,560-square-foot building with a three-bay automotive service garage and an approximately 300-square-foot studio apartment. The auto repair license is transferable with the sale. The building has masonry construction, natural gas forced-air heating, heat-pump cooling, and public water.
The property occupies 0.1747 acres and is zoned I. The studio provides a residential component alongside the garage, within the existing building configuration.
The property occupies 0.1747 acres and is zoned I. The studio provides a residential component alongside the garage, within the existing building configuration.
Key Highlights
- Three‑bay automotive service garage
- Transferable auto repair license included with the sale
- Approximately 300‑square‑foot studio apartment
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$18,428
Cap Rate
4.61%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$368,560
$368.6K
Cap Rate 7%
$263,257
$263.3K
Cap Rate 9%
$204,756
$204.8K
Market Conditions
NOI Build-Up for 1,560 SF
Gross rent
$32.8K $21.00/SF
− Vacancy
−$3.3K −$2.10/SF
EGI
$29.5K $18.90/SF
− OpEx
−$11.1K −$7.09/SF
NOI
$18.4K $11.81/SF
Area
Providence County, RI
Vacancy
10.00%
Lease Rate
$21.00 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$368,560
Cap Rate 7%
$263,257
Cap Rate 9%
$204,756
Alternative Uses
Best Use
Mixed Use
$263.3K
$230.4K – $307.1K
NOI $18,428 @ 7.0% cap · market cap 4.61%
Second Best
Retail
$251.6K
$220.2K – $293.5K
NOI $17,612 @ 7.0% cap · market cap 4.40%
Theoretical Best
Multifamily LT 5
$371.1K
$324.7K – $432.9K
NOI $25,975 @ 7.0% cap · market cap 6.49%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
3
Service bays
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
373
Businesses Nearby
8k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
7-Eleven
Shops & Services
7,570 visits/mo
0.3 miles
Demographics for 02919, RI
29,473
Population
11,993
Households
2.5
Avg Household Size
45
Median Age
29%
College-Educated
91%
High-School Grad
23.5 sq mi
ZIP Area
1,254
Density / Sq Mi
$87,811
Median Household Income
$56,068
Median Earnings
$1,259
Median Rent
$326,100
Median Home Value
Market
Average Price Trend$/SF for Mixed-use properties in Providence County, RI
Properties on Market for Mixed-use properties in Providence County
Vacancy Rate% for Retail in Northeast region
Frequently Asked Questions
What type of property is this?
Mixed-use property - An auto service facility is paired with a residential studio and a transferable auto repair license.
Where is this mixed-use property located?
The property is located at 6 Victoria Mount Street Johnston, RI.
What is the asking price?
The asking price for this property is $399,999.
What are key features of this property?
This property features: Three‑bay automotive service garage; Transferable auto repair license included with the sale; Approximately 300‑square‑foot studio apartment
