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Five units, A car dealership license for 25 vehicles, for sales of automobiles, autos, trucks on a lot of 21,780 sq ft with 188 foot frontage on busy route 6, with a 270 sq. ft. sales office.and a half bath. There are two single family homes, a 3 bedroom, 1.5 bath, 1,595 sq ft Colonial and a 2 bedroom, 1 bath, 966 sq ft Ranch with a patio. There's also a 30 x 40 ft garage with two rent-able bays, each with a car lift. See attached for the plot plan and projected income and expenses. Currently all five units are owner occupied and used by the two brother owners. Route 6 has experienced many new developments in the last few years and traffic is increasing. 15 minutes from Providence or Fall River, 25 minutes to Boston. This property is close to route 24, route 195 and the Swansea Mall which is being redeveloped. Ernie Boch Jr recently bought Pleasure Island in Swansea. GAR Highway (Route 6) in Swansea is becoming the new AUTO MILE times 2 (It's 2 miles long). A 1031 exchange is ok.
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Listing provided by Robert Dailey, Prestige Real Estate
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