Auto Body & Car
620 Pond Street Woonsocket, RI 02895
For Sale
$650,000
Turnkey auto body and car sales business in Woonsocket, RI.
Property Size3,248 SF
Lot Size0.17 Acres
Price / SF$200.12
Days on Market180
Property Features for 620 Pond Street
General Information
Standard status
Active
Size
3,248 SF
Lot size
0.17 Acres
Property subtype
Commercial
Building Details
Year Built
1985
Listing Agency:
Boucher Real Estate
(401) 439-6964
Listed By:
Gregory Smith
(401) 439-6964
Source:
Liongatere
Added: Jan 28
Changed: Jul 10
Last Checked: Jul 26 at 5:46PM
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 Boucher Real Estate
Investment Insights
Based on property information with market context.
Berniers Auto Body and Car Sales in Woonsocket, Rhode Island, presents a rare opportunity to acquire a proven, profitable, and turnkey operation. This established business includes built-in customers and existing revenue streams. The property features a 7,405 sq. ft. lot with two buildings totaling 3,248 sq. ft. It also offers parking for approximately 20 vehicles. The sale includes all the equipment needed to continue operations. Bernier's has a loyal customer base and strategic positioning. This property is suitable for an owner-operator or an expanding automotive group seeking immediate revenue and long-term stability. The intended use of the property is for auto body and car sales.
Key Highlights
- Proven, profitable, turnkey auto body and car sales business with immediate cash flow.
- Established business with built‑in customer base and trusted name.
- Includes all equipment needed to continue operations.
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 | $58.5k | $18.00 |
| − Vacancy | −$6.1k | −$1.87 |
| EGI | $52.4k | $16.13 |
| − OpEx | −$15.7k | −$4.84 |
| NOI | $36.7k | $11.29 |
3,248 SF · lease $18.00/SF/yr · vacancy 10.40% · expense 30.00%
Alternative Uses
Best Use
Retail
$523.8K
$458.4K – $611.2K
NOI $36,669 @ 7.0% cap · market cap 5.64%
Second Best
Industrial
$242.1K
$211.9K – $282.5K
NOI $16,950 @ 7.0% cap · market cap 2.61%
Theoretical Best
Multifamily LT 5
$772.6K
$676.0K – $901.4K
NOI $54,081 @ 7.0% cap · market cap 8.32%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Similar Off Market Nearby
- Republic Services - Woonsocket — 292 E School St, Woonsocket, RI 02895
- Destiny Limousines Providence, Woonsocket, Bellingham, Warwick, Newport RI, MA, NYC — 55 Phebe St, Woonsocket, RI 02895
Frequently Asked Questions
What type of property is this?
Automotive property - Turnkey auto body and car sales business in Woonsocket, RI.
Where is this automotive property located?
The property is located at 620 Pond Street Woonsocket, RI.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: Proven, profitable, turnkey auto body and car sales business with immediate cash flow.; Established business with built‑in customer base and trusted name.; Includes all equipment needed to continue operations.
