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$950,000
11 Days On Site

176 Columbus Avenue
Pawtucket, RI 02860

For Sale|Commercial Sale|Active
0
Beds
0
Total Baths
4,284
SqFt
$222
/SqFt
1940
Built
Subdivision:
Corner of Colmbus & George Bennett
County:
Providence
Call Now: 401-323-8292
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401-323-8292
176 Columbus Avenue176 Columbus Avenue176 Columbus Avenue176 Columbus Avenue
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Investor's Utopia! Prime commercial property offering exceptional passive income with a $90,000/year Triple Net (NNN) lease in place. This long-term, established restaurant tenant has a proven track record of success, providing reliable returns with minimal landlord responsibilities. Located in a high-visibility, high-traffic area, this asset is perfectly positioned for steady growth. The building and structure are in excellent condition, featuring recent exterior facade updates, a newer roof, and fully updated mechanical systems including HVAC-limiting future capital expenditures. This investment delivers a strong cap rate, stable tenancy, and low overhead-making it a perfect 1031 tax exchange canidate. Opportunities like this are rare: quality tenant, solid lease, prime location, and updated infrastructure. Do the math - You won't find a more stable return in today's market.

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Listing Snapshot
Price 
$950,000
Days On Site 
11 Days
Bedrooms 
N/A
Inside Area (SqFt) 
4,284 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
25,130 Acres
Year Built 
1940
MLS® Number 
1398657
Status 
Active
Property Tax 
$10,600
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
2 weeks agoListing first seen on site
2 weeks agoListing updated with changes from the MLS®
General Features
Foundation 
CombinationConcrete Perimeter
Land Lease 
No
Sewer 
Public Sewer
SqFt Above 
4284
SqFt Total 
4284
Utilities 
Natural Gas AvailableWater ConnectedSewer Connected
Water Source 
Public
Interior Features
Basement 
Full
Cooling 
Central Air
Electric 
Circuit Breakers200+ Amp Service
Heating 
Natural GasForced Air
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Exterior Features
Construction Details 
Frame
Road Frontage 
City Street
Community Features
Community Features 
GolfTennis Court(s)
Roads 
Asphalt
Listing courtesy of Karl Martone of RE/MAX Properties 4012327900



Listing information is provided by Participants of the State-Wide MLS of Rhode Island, Inc. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2025, State-Wide MLS of Rhode Island, Inc.
Last checked: 2025-11-06 10:23 AM UTC

Neighborhood & Commute
Source: Walkscore
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