




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.
$950,000 USD
Commercial for Sale, 176 Columbus Avenue, Pawtucket, Rhode Island 02860
- MLS#1398657
- Minimum sellable space398 m² (4,284 ft²) 
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