278 Pocasett Ave Pocasett Ave Providence, RI 02909
This exceptional business opportunity presents a thriving laundromat located at 278-280 Pocasett Avenue in Providence, Rhode Island, 02909. Priced at $69,900, this turnkey operation is ideal for an entrepreneur seeking independence. The current owner is retiring, creating a rare chance to acquire an established business with immediate income potential. The property consists of one building situated on a land parcel with a lot size of 0 square feet. This indicates the business operates within an existing structure, the specifics of which would need to be verified independently. The laundromat's established clientele and operational efficiency make it a low-risk, high-reward investment. The business is easily shown, allowing for a quick and efficient due diligence process. This is a fantastic opportunity to own and operate a successful, profitable laundromat in a desirable Providence location. Further details regarding the business financials and operational aspects are available upon request. Serious inquiries only. This is a land and retail property, categorized as commercial and storefront. The sale includes the established business, not the underlying land.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.