Property summary
An approximately 12,000 sq. ft. commercial property configured for automotive uses, including an established auto dealership, auto body shop, auto repair facility, and associated office space. The property includes a vehicle sales lot sized to accommodate up to 25 vehicles and is positioned with visibility along Broad Street. A second level provides unfinished storage and potential for residential use, accessed via a separate entrance with dedicated parking; this space may support future expansion or an additional income configuration subject to applicable approvals. The site is located in a neighborhood undergoing infrastructure improvements, and it is situated directly across from a major residential development project. The automotive-related operations and the real estate were historically offered together, and the property includes room for staff and administrative functions within the office component.
Property profile
VerifiedCap rate & NOI
Current use
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Car Dealership
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Auto Repair Shop
Location
Value estimations
Owner & transaction history
Zoning & alternative use
C-2 general commercial district. This zone is intended for commercial areas that serve citywide needs for retail, services and professional office establishments.
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Derived from the Central Falls market rent, vacancy and expense benchmarks for this use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2024Property description
Physical attributes from public recordsZoning & alternative use
C-2 · Central Falls, RIC-2 general commercial district. This zone is intended for commercial areas that serve citywide needs for retail, services and professional office establishments.
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
C-2 general commercial district. This zone is intended for commercial areas that serve citywide needs for retail, services and professional office establishments.
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for C-2 in Central Falls, RI.
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