Property Attributes
- MLS#1352045
- TypeCommercial
- CountyPROVIDENCE
- CityNorth Providence
- Zip02904
- StyleCommercial
- Year Built1965
- Taxes$ 156
- Price$ 979,900
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage8853
- Lot Size1.21 Acres
Data Source:
Rhode Island Statewide MLS (RIAR)
Property Description
Rare opportunity to acquire a unique commercial and residential property in North Providence, Rhode Island. This property is a must-see for any savvy investor looking for a lucrative return. Located at 1174 Douglas Avenue, this property is comprised of a 7,700 square foot Autobody shop/mechanic garage and a 2-unit multi-family residence situated on two abutting lots. The shop is fully equipped with all the necessary tools and equipment, including 2 lifts inside, one outdoor lift, two flatbed trucks, two forklifts, one 8000lb long forklift and a whole host of parts inventory (excluding used resale dealer cars). The security camera system is operational. Autobody, mechanic, towing, salvage and dealer licenses are all active. This is a turnkey business ready to be taken over by an ambitious entrepreneur. The multi-family residence features two separate units, each with its own entrance and all utilities are separate. Currently, the two units generate rental income of $1,100 and $900 per month, respectively, leaving room for tremendous upside. These units are perfect for tenants looking for comfortable living spaces within close proximity to their workplace. Overall, this property presents a fantastic opportunity for a wide range of investors, from entrepreneurs looking to start their own business, to those looking to invest in a stable income-generating asset. Don't miss out on this unique opportunity to acquire a property that will provide a consistent stream of income.
Price History | |
---|---|
2/1/2024 | Listed $979,900 |
General Features
Sewer | Connected,Sanitary |
---|---|
Heating | ForcedAir |
Cooling | None |
Utilities | ElectricityAvailable,NaturalGasConnected,MunicipalUtilities,WaterConnected,SewerConnected |
Possession | Negotiable |
Security Features | ClosedCircuitCameras |
Construction Materials | Frame |
Year Built | 1965 |
Electric | Item3Phase,CircuitBreakers |
Stories | 1 |
Levels | One |
Unit Number | R |
Property SubType | Commercial |
Tax Year | 2022 |
Business Type | AutoBody,AutoParts,AutoRepairSpecialty,AutoService,Mixed |
Community Features | HighwayAccess,NearHospital,NearSchools,PublicTransportation |
Building Name | D'Agostino's Plaza |
Business Name | D'Agostino's Auto Sales & Salvage |
County | Providence |
New Construction | No |
Property Type | CommercialSale |
HOA / Comm Assn | No |
Attached Garage | No |
Possible Use | Automotive,Commercial |
Garage Y/N | Yes |
Status | Active |
City | North Providence |
View Y/N | No |
Senior Community Y/N | No |
Total Units | 2 |
Lot Size Square Feet | 52969.0 |
Waterfront Y/N | No |
Carport Y/N | No |
Street Name | Douglas |
Property Attached Y/N | No |
Land Lease Y/N | No |
Tax Annual Amount | 156.0 |
Home Warranty Y/N | No |
Lease Renewal Y/N | No |
Additional Parcels Y/N | No |
Lease Considered Y/N | No |
Rent Control Y/N | No |
Days on Market | 10 |
Structure Type | MultiFamily |
Standard Status | Active |
Tax Assessed Value | 723600 |
Tax Lot | 350/457 |
MobileHomeRemainsYN | No |
Interior Features
Total Stories | 1 |
---|---|
Basement (Y/N) | No |
Air Conditioning Y/N | No |
Heating Y/N | Yes |
Fireplace Y/N | No |
Above Grade Finished Area | 8853.0 |
Street Suffix | Avenue |
Laundry Features | InUnit |
Electric On Property Y/N | No |
Exterior Features
Water Source | Connected,Public |
---|---|
Total Parking | 20.0 |
Lot Size Area | 52969.0 |
Foundation Details | SeeRemarks |
Number of Buildings | 2 |
Spa | No |
Building Area Total | 8853.0 |
Lot Size Acres | 1.21 |
Lot Size Units | SquareFeet |
Road Frontage Type | StateRoad |
Crops Included Y/N | No |
Open Parking Y/N | No |
Horse Y/N | No |
Irrigation Water Rights Y/N | No |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool