Property profile

1220 Broad St Central Falls, RI 02863

FOR SALE
Commercial Building, Mail Order, Show Room (Non-Auto)
Property ID
US76-0322833
5,740 SF 0.29 ac lot Built 1960
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Property summary

AI-generated overview

Located at 1220 Broad Street in Central Falls, Rhode Island, this approximately 12,000 sq. ft. automotive property is set on a 0.29-acre lot and is configured for dealership, repair, and support uses. The site includes an established auto dealership area, an auto body/repair facility, and office space, along with a vehicle sales lot designed to accommodate up to approximately 25 vehicles and providing visibility from Broad Street. A second level contains unfinished storage space with the potential for residential or other permitted use, supported by a separate entrance and dedicated parking for that level, subject to required approvals. The property fronts Broad Street and is positioned across from a major residential development project; the surrounding area includes municipal improvements such as upgraded roads, sidewalks, and lighting. The automobile-related business operations and the real estate are associated with the same facility.

Property profile

Verified
Property type Commercial Building, Mail Order, Show Room (Non-Auto)
Year built 1960
Total area 5,740 SF
Lot 0.29 ac (12,645 SF)
APN CENT M:03 P:54
UPID US76-0322833

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Car Dealership
  • Auto Repair Shop

Location

1220 Broad St Central Falls, RI 02863
Central Falls metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Comparable Approach Comparable
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Owner & transaction history

since 2023
Last sale
$345,000
3 recorded transactions
2023
Price N/A
2022
Price N/A
2017
Price N/A
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