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    257 Hunt St Central Falls, RI 02863

    Sponsored
    For Sale
    $920,000

    Profitable Auto Body Business - Real Estate Included

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional investment opportunity presents a thriving auto body shop situated on a substantial 14,981 square foot lot in Central Falls, Rhode Island. The property, located at 257 Hunt Street, includes the building, business, equipment, and licenses, all offered at an asking price of $920,000. The single-story, 1920-built structure provides ample space for the established auto body business, which has enjoyed a long and successful history at this location. Financial projections indicate a rapid return on investment, with potential for full payback in under two years. This turnkey operation eliminates the need for start-up costs and allows immediate access to established clientele and revenue streams. The seller is offering attractive financing options, with up to 50% of the purchase price potentially financed. This presents a rare chance to acquire a profitable, established business with significant real estate holdings in a prime location. The property's size and location offer considerable potential for future expansion or redevelopment, further enhancing its long-term value. This is a unique opportunity for an investor seeking a strong return and immediate cash flow. The sale includes all necessary licenses and permits for continued operation. Don't miss this chance to own a successful business and valuable real estate in a desirable Rhode Island location.

    Property Features for 257 Hunt St

    General Information

    Property type
    Automotive properties

    Building Details

    Year Built
    1920
    Buildings
    1
    Stories
    1

    HighLights

    • $920,000 asking price.
    • 14,981 SF lot.
    • 1920‑built, single‑story building.
    • Commercial property with auto shop/automotive repair subtype.
    • Includes real estate, business, equipment, and licenses.
    • Seller financing available up to 50%.
    Property Profile Location Intelligence

    Current Use by Public Records

    American Auto Glass ... Auto Glass Shop

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Central Falls
    County
    Providence
    State
    Rhode Island
    Longitude
    -71.3930384
    Latitude
    41.8957002

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    FAQs

    What type of property is this?
    Automotive property - Profitable Auto Body Business - Real Estate Included
    Where is this automotive property located?
    The property is located at 257 Hunt St Central Falls, RI.
    What is the asking price?
    The asking price for this property is $920,000.
    What are key features of this property?
    This property features: $920,000 asking price.; 14,981 SF lot.; 1920-built, single-story building.
    Request Owner's contact information
    257 Hunt St Central Falls, RI 02863
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    Central Falls, RI 02863
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    257 Hunt St Central Falls, RI 02863
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