Address
1174 Douglas Avenue R, North Providence, RI
Price
$ 979,900
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

Property vs Commercial Average in 02904

Price
AVG $760K
$980K
Taxes
AVG $9,762
$156
Visits
AVG 171
144
Data Provided by Inside Real Estate®
Year Built
AVG 1943
1965

Areas We Cover