
$650,000 USD
Commercial for Sale, 551 Smithfield Avenue, Pawtucket, Rhode Island 02860
- MLS#1405754
- Minimum sellable space
111 m² (1,200 ft²)
Listed By Williams & Stuart Real Estate
The Commercial Property for Sale located at 551 Smithfield Avenue, Pawtucket, Rhode Island 02860 is currently for sale. 551 Smithfield Avenue, Pawtucket, Rhode Island 02860 is listed for $650,000.
Property features
Property
- Property size:
111 m² (1,200 ft²)
Lot/Land
- Land/Lot size:
279 m² (3,000 ft²)
Heating and Cooling
- Cooling system: Air Conditioning
Utilities
- Other utilities: Gas
Description
Turn-key liquor store with over 50 years of successful operation at its current location on high-traffic Smithfield Avenue in Pawtucket. The business benefits from excellent visibility with an average daily traffic count of approximately 8,000–10,000 vehicles, making it an attractive opportunity for both owner-operators and investors.
The store features approximately 1,200 sq. ft. of retail space plus 300 sq. ft. of storage, efficiently laid out and well maintained. Equipment includes seven permanent cooler doors, along with additional vendor-supplied coolers. The product mix includes a large selection of beer (including craft), wine, and spirits, with lottery and cigarette sales providing consistent supplemental revenue.
Average annual gross sales are approximately $737,874, supported by a long operating history and established customer base. There is clear upside potential through extended hours, expanded product mix, and more hands-on ownership.
Real estate is not included in the sale but is available for lease at $2,500 per month. Inventory is sold separately and not included in the asking price.
Serious inquiries only. Contact agent directly for financials and additional details
Location
551 Smithfield Avenue, Pawtucket, Rhode Island 02860