$850,000

176 Columbus Avenue, Pawtucket, RI 02860

  • 4,284 sqft
  • Property Icon Commercial Property
  • Property Year Built Icon Built in 1940
  • Property Lot Size Icon0.58acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $198/sqft
  • Property List Date Icon Listed 3 months ago

Property 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.

Listing Status:
Active
Date Added:
May 19, 2026
Data Last Updated:
August 20, 2026 at 2:16PM
Listing Office:
RE/MAX Properties : 401-232-3900
Contact:
karl@martonegroup.com
MLS ID:
1412993
  • Basement: Full
  • A/C: Central Air
  • Heating: Forced AirGas
  • Parking: Parking spaces: 0
  • General: FrameMasonry0CombinationConcrete Perimeter
  • Road/Access: City Street
  • Originating MLS: RIS_RIS
  • County: Providence
  • Zoning: 176COLUMBUSAVPAWT
  • Utilities: Natural Gas AvailableMunicipal UtilitiesWater ConnectedSewer Connected200+ Amp ServiceCircuit Breakers
  • Water: Public
  • Sewer: ConnectedPublic SewerSanitary
  • Source: RIS_RIS
  • Ownership: LLC

This listing courtesy of RE/MAX Properties

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

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