176 Columbus Ave - Retail FOR SALE


Pawtucket, RI 02860- The Plains
$950,000 USD
401-439-1669
176 Columbus Ave, Pawtucket, RI for Sale
$950,000 USD
Retail - FOR SALE
1/45
null | Request Cap Rate

176 Columbus Ave
Pawtucket, RI 02860
The Plains


HIGHLIGHTS

  • Positioned on a high-visibility corner lot spanning a half-acre

OVERVIEW

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.

FOR SALE DETAILS

PRICE

$950,000 USD

PRICE/SF

$107 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

176 Columbus Ave, Pawtucket, RI 02860

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1940

SPRINKLERS

-

PARKING SPACES

56

LAND DETAILS

LAND ACRES

0.57 AC

LAND SF

24,829 SF

ZONING

MO

APN/PARCEL ID

PAWT-000026-000000-000727

ASK ABOUT THIS PROPERTY

Karl MartoneRE/MAX PropertiesMore Info
401-439-1669

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Karl MartoneRE/MAX PropertiesMore Info
401-439-1669

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.