257 Hunt StCentral Falls, RI 02863

Property Details for 257 Hunt St

Year built

1920

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

0.35 AC

Property size (Sq ft)

3,261 SF

Zone code

R-1

Property type

Other commercial real estate

Property subtype

Showrooms

APN

CENT M:03 P:42

APU

CENTM03P42

Description

This exceptional investment opportunity presents a thriving auto body shop situated on a substantial 14,981 square foot lot in Central Falls, Rhode Island. The property, located at 257 Hunt Street, includes the building, business, equipment, and licenses, all offered at an asking price of $920,000. The single-story, 1920-built structure provides ample space for the established auto body business, which has enjoyed a long and successful history at this location. Financial projections indicate a rapid return on investment, with potential for full payback in under two years. This turnkey operation eliminates the need for start-up costs and allows immediate access to established clientele and revenue streams. The seller is offering attractive financing options, with up to 50% of the purchase price potentially financed. This presents a rare chance to acquire a profitable, established business with significant real estate holdings in a prime location. The property's size and location offer considerable potential for future expansion or redevelopment, further enhancing its long-term value. This is a unique opportunity for an investor seeking a strong return and immediate cash flow. The sale includes all necessary licenses and permits for continued operation. Don't miss this chance to own a successful business and valuable real estate in a desirable Rhode Island location.

Location Insight

City

Central Falls

County

Providence

State

Rhode Island

Latitude

41.8957

Longitude

-71.3929

CBSA code

39300

CBSA name

PROVIDENCE-NEW BEDFORD-FALL RIVER, RI-MA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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