For Sale
$800,000

487 Washington StCoventry, RI 02816

Prime Automotive Business Opportunity in RI

Overview

Added:
Dec 11, 2024
Days on market:
115
This exceptional investment opportunity presents a unique chance to acquire a fully equipped, 4,840 square foot automotive business located at 487 Washington Street in Coventry, Rhode Island. The property, built in 1923, sits on a substantial 13,068 square foot lot and includes a single building ideally suited for automotive repair or a similar business. The asking price for this owner-user opportunity is $800,000, offering a compelling chance to purchase both the established business and the real estate. This presents a turnkey solution for entrepreneurs seeking to establish or expand their operations within the automotive repair sector. The property's location in Coventry, RI, within Kent County, offers excellent access to local clientele and convenient transportation links. The property is classified as special purpose commercial land, reflecting its unique suitability for automotive-related businesses. The existing building's infrastructure is fully equipped for immediate operation, minimizing start-up costs and maximizing potential returns. This is a rare opportunity to acquire a well-established business and a strategically located property in a thriving market. The substantial lot size provides ample space for potential expansion or future development. This offering represents a strong investment prospect with significant potential for growth and profitability. The property's zoning and permitted uses should be independently verified.

Highlights

  • 4,840 SF automotive business for sale at 487 Washington Street, Coventry, RI.
  • Located on a 13,068 SF lot.
  • Asking price: $800,000.
  • Turnkey operation, ideal for automotive repair.
  • Special purpose commercial land.

Property Details for 487 Washington St

Property type
Specialty properties, Land
Year Built
1923
Buildings
1

Location Insight

City
Coventry
County
Kent
State
Rhode Island
Latitude
41.6956437
Longitude
-71.5391104
487 Washington St, Coventry, Rhode Island

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487 Washington St
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