1097 Eddie Dowling Hwy North Smithfield, RI 02896-8207
- Showrooms
- 7,350 SF
- 1.13 lot acres
Jan 17, 2020
Current Use by Public Records
- Route 146 Auto Sales / Used Car Dealer / Auto Accessories Wholesaler
Property Details for 1097 Eddie Dowling Hwy
- Year built
- 1970
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 1.13 lot acres
- Property size
- 7,350 SF
- Zone code
- BH
- Property type
- Showrooms
- APN
- NSMI M:0017 L:0079
- APU
- NSMIM0017L0079
Description
This exceptional 5.25-acre commercial property in North Smithfield, Rhode Island, presents a remarkable investment opportunity. Located directly on Route 146, this high-visibility site boasts over 580 linear feet of frontage in a Business Highway zone, experiencing daily traffic counts exceeding 50,000 vehicles. The property encompasses four tax lots (0, 1095, 1097, & 1117 Eddie Dowling Highway) totaling approximately 228,690 square feet and includes three existing structures with a combined area of 16,162 square feet. Currently utilized as a blend of residential and commercial space, including truck customization, automotive repair, and parts retail, the property offers significant flexibility for a wide range of uses. The existing structures feature recently improved infrastructure, including new retaining walls, gravel ground cover, roofs, epoxy floors, garage doors, HVAC systems, an oil tank, and a renovated kitchen and bath. The property's prime location, adjacent to established businesses like the Rustic Drive-in Theatre and Anchor Nissan & Subaru, and its proximity to Eddie Dowling Village, ensures strong visibility and potential for significant growth. The asking price for the land and buildings is $3,999,900. The existing business, furniture, fixtures, and equipment are not included in this offering but may be available for separate negotiation.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- North Smithfield
- County
- Providence
- State
- Rhode Island
- Longitude
- -71.4936
- Latitude
- 41.9586
- CBSA code
- 39300
- CBSA name
- PROVIDENCE-NEW BEDFORD-FALL RIVER, RI-MA METROPOLITAN STATISTICAL AREA