1220 Broad St 5,740 SF Vacant Retail Building Central Falls, RI 02863 $1,300,000 ($226.48/SF)

1220 Broad Street, Central Falls, Rhode Island presents a rare generational opportunity to acquire a fully operational automotive dealership and service facility together with the underlying real estate. This long-established property has successfully operated as an auto dealership, auto body shop, auto repair facility, and vehicle rental operation, making it an ideal turnkey investment for owner-operators or strategic investors seeking an income-producing automotive asset.
The property consists of approximately 5800 square feet of improvements, including well-configured auto body and repair bays, office and administrative space, and supporting service areas. The layout is functional and efficient, designed to accommodate multiple automotive operations under one roof.
The exterior sales lot can accommodate up to 25 vehicles, providing excellent visibility and frontage along Broad Street, a heavily traveled corridor. The property benefits from its location within a neighborhood that is currently experiencing a notable renaissance, highlighted by newly constructed and rehabilitated buildings, upgraded roadways and sidewalks, and enhanced municipal lighting.
Adding to the long-term value proposition, the property is located directly across the street from a major residential development project, further strengthening traffic counts, neighborhood density, and future customer demand.
The auto dealership is being sold together with the real estate. The current owner is willing to remain during a transition period to assist with operations and license transfer, ensuring continuity and a smooth handoff.
Key Features
Approximately 12,000 SF automotive facility

Established, generational auto dealership and service business

Auto body shop and auto repair bays

Office and administrative space on-site

Second-floor unfinished storage or potential residential space

Separate entrance and dedicated parking

Sales lot capacity for up to 25 vehicles

High-visibility location on Broad Street

Situated in a revitalizing neighborhood with new infrastructure improvements

Across from a major residential development project

Real estate and business sold together

Owner willing to stay on during transition and license transfer