175 Eddie Dowling Hwy North Smithfield, RI 02896-8230
This exceptional investment opportunity presents a thriving dry-cleaning business located at 175 Eddie Dowling Highway in North Smithfield, Rhode Island, 02896. Priced at $135,000, this turnkey operation boasts a strong client base and benefits from its high-visibility location within a busy strip plaza. The property itself is a single-unit storefront, built in 1969, and includes all necessary equipment for continued operation. While the land size is listed as 0 square feet, this reflects the nature of the listing as a business sale rather than a land sale. The business is situated in Providence County, offering easy access to major roadways and a substantial customer base. This is a rare chance to acquire an established, profitable business with significant potential for growth. The sale includes all existing equipment, allowing for immediate commencement of operations. The high traffic area ensures consistent customer flow, contributing to the business's proven success. This is an ideal opportunity for an entrepreneur seeking a ready-made business with established clientele and a prime location. Serious inquiries are encouraged.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
BH · North Smithfield, RINorth Smithfield. Always verify with local authorities before improvements.
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.