Property profile

278 Pocasett Ave Pocasett Ave Providence, RI 02909

OFF-MARKET
Retail properties & Spaces
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Retail properties & Spaces

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

278 Pocasett Ave Pocasett Ave Providence, RI 02909
Providence metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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