176 Columbus Avenue, Pawtucket, RI 02860
- 4,284 sqft
Commercial Property
Built in 1940
0.58acre lot
—— car garage
$222/sqft
Listed 12 days 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:
- October 25, 2025 at 05:00AM
- Listing Office:
- RE/MAX Properties : 401-232-3900
- MLS ID:
- 1398657

- Parking: Parking spaces: 0
- General: FrameMasonry0CombinationConcrete Perimeter
- Road/Access: City Street
- HOA Amenities: 0.0
- 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
- Principal & Interest $
- Property Taxes $
- Home Insurance $
- VA Funding Fee $
Location
Schools Nearby
Fallon Memorial Elementary School
62 Lincoln Ave, Pawtucket, RI, 02861
Grades PK-5
0.30 miles away
Joseph Jenks Middle School
350 Division St, Pawtucket, RI, 02860
Grades 6-8
0.47 miles away
Jacqueline M. Walsh School
350 Division St, Pawtucket, RI, 02860
Grades 9-12
0.47 miles away



