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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

1153 Central Ave Central Ave Pawtucket, RI 02861

Built 1940
Property ID
Property summary
AI-generated overview

This exceptional turnkey opportunity presents a well-established auto sales, auto body, and towing business in Pawtucket, Rhode Island. Located at 1153 Central Avenue, this property boasts a substantial 32,234 square foot lot, providing ample space for a thriving automotive enterprise. The main building, constructed in 1940, offers 8,200 square feet of functional space. The property's significant size allows for the storage and display of up to 100 vehicles, ensuring ample inventory capacity. All necessary infrastructure for a successful automotive business is already in place, minimizing initial investment and maximizing immediate return. The entire lot is securely enclosed by a gate and fence, enhancing security and protecting valuable assets. This is an ideal acquisition for experienced automotive professionals seeking to expand their operations or for entrepreneurs looking to enter the lucrative automotive industry with a pre-established, successful business and substantial existing clientele. The asking price for this exceptional property is $1,200,000. The property is zoned for retail use and is situated in Providence County, Rhode Island, zip code 02861.

Property profile
Verified
Property type Retail properties & Spaces
Year built 1940
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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