176 Columbus Avenue, Pawtucket, Rhode Island 02860
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$950,000 USD

Commercial for Sale, 176 Columbus Avenue, Pawtucket, Rhode Island 02860

  • MLS#
    1398657
  • Minimum sellable space
    398 m² (4,284 ft²)

Listed By Re/Max Properties

The Commercial Property for Sale located at 176 Columbus Avenue, Pawtucket, Rhode Island 02860 is currently for sale. 176 Columbus Avenue, Pawtucket, Rhode Island 02860 is listed for $950,000.

Date Updated : Oct 26, 2025

Property features

Property

  • Property size: 398 m² (4,284 ft²)
  • Features: Basement

Lot/Land

  • Land/Lot size: 2,335 m² (25,130 ft²)

Construction

  • Year built: 1940
  • Basement and foundation: Full Basement

Heating and Cooling

  • Heating system: OilForced AirGas

Utilities

  • Other utilities: GasPublic SewerMunicipal WaterSanitary Sewer

Community

  • Features: Golf Course

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.

Location

176 Columbus Avenue, Pawtucket, Rhode Island 02860

176 Columbus Avenue, Pawtucket, Rhode Island 02860