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Listed price in listed location currency (USD).
$850,000

000

MLS® 1412993

Overview

Key Facts

Type 
Levels Commercial Sale
Size 4284 sqft
Garage 
Taxes $10,600
Days Active 0
Lot Size 
Approx. Age 1940
Avg. Price Per Sqft $198
MLS® Number 1412993

Property Address: 176 Columbus Ave, Pawtucket, RI, 02860-5547

Average square foot calculated using Size range provided by listing agent.

Description

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.
MLS® Number1412993
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1940
BasementFull
Driveway
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

May 19, 2026List Date
$850,000List Price

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