559 Killingly St, Johnston, RI 02919-5214

This exceptional investment opportunity presents a three-building complex situated on two parcels totaling over an acre of land at 559-577 Killingly Street in Johnston, Rhode Island, zip code 02919. The property, built in 1930, offers a diverse range of uses, currently configured as a blend of traditional office space, storefront retail, and an auto shop. The buildings encompass a total of three units, providing flexibility for various business ventures or potential redevelopment. The property boasts excellent highway accessibility, with convenient access to Rhode Island Routes 6, 295, and 95, ensuring high visibility and convenient access for customers and employees. The asking price is $1,295,000, representing a compelling 7.40% capitalization rate. The substantial 44,290 square foot lot size presents significant potential for expansion or future development. This property is ideal for investors seeking a strong return on investment in a prime location with diverse income streams. The existing tenants generate a substantial net operating income, making this a particularly attractive opportunity for those seeking a stable and profitable investment. The property's versatility and strategic location make it a rare find in the Johnston, Rhode Island market.