1068 Park Avenue Woonsocket

$599,900
4,792 sq ft

The Property

Exceptional opportunity to own a well-established and highly respected auto repair business on a high-visibility street in Woonsocket, RI. This turnkey operation offers immediate income and profitability from day one, backed by years of goodwill, a loyal customer base, and a strong reputation within the community.

The sale includes the real estate and a fully equipped 1,920 SF, 3 bay garages with 4 vehicle lifts, diagnostic equipment, repair machines, tools, and a substantial inventory, all bays full A/C!!! allows seamless transition for a new owner. The property also includes a large office with proprietary software, additional basement storage for tires and inventory, and a rear storage container for equipment and overflow supplies.+

Recent upgrades include a renovated customer waiting area and restroom, plus separate staff facilities.

Ample on-site parking provides plenty of space for customer vehicles, repairs in progress, and vehicle storage.

As an added bonus, the seller is offering the adjacent two-family residence that shares the lot. MLS# 1414616 is fully rented at market rates, generating additional income, or can be owner-occupied for a convenient live/work lifestyle. The residence will not be sold separately from the garage; however, the garage and business may be purchased independently.

Whether you are an owner-operator, expanding business owner seeking a proven operation with real estate ownership, this rare opportunity delivers immediate cash flow!

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Listing Details

MLS Number

1414614

Lot Size:

0.11 acres

Features

  • Garage
  • Restrooms
  • Security
  • Security Lights
  • Heating: Forced Air
  • Heating Fuel: Forced Air
  • Free Standing
  • Year Built: 1932

See more features

Market Trends for Commercial Properties
in Woonsocket

  • Overview
    Homes for Sale Today36-89.6% decrease in inventory
    New on Market *6-14.3% decrease in new listings
    Avg. Asking Price/Sq.Ft. *$132.70$76 increase in List Price/Sq.Ft.
    Avg. Sale Price *$722,850$259,900 increase in Avg. Sale Price
    Avg. Sale Price as % of Asking Price *99.04%4.3% increase in Sales to List Price
    Avg. Sale Price/Sq.Ft. *$70.66$69 increase in Sale Price/Sq.Ft.
    Avg. Days on Market of Sold *7499 decrease in days on market

    * All data is calculated based on the last 30 days

  • Avg. Sale Price
  • Avg. Days on the Market
  • New Market Inventory
  • Lila's Estimate

    Realtors Property Resource

    This is an estimate home valuation provide by RPR. It is based on RPR’s estimate market value and not an appraisal. You can use it as a starting point on the home’s value.

    ...

    Zillow

    This is an estimate home valuation provide by Zillow. It is based on Zillow’s estimate market value and not an appraisal. You can use it as a starting point on the home’s value.

    Real value?

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    Online estimates take you only so far. One of our associates can give you a market analysis of what your homes value.

Listed by Real Broker, Llc

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