176 Columbus Avenue

Pawtucket, RI 02860 Directions
$950,000
  • 4,284Sqft
  • 1940Built
  • $222Price/Sqft

Property Highlights

  • Subdivision: Corner of Colmbus & George Bennett
  • Days on Market: 58
  • MLS: 1398657

Property Highlights

  • Subdivision: Corner of Colmbus & George Bennett
  • Days on Market: 58
  • MLS: 1398657

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,...

Property Highlights

  • Subdivision: Corner of Colmbus & George Bennett
  • Days on Market: 58
  • MLS: 1398657

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.

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.

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  • Additional Information
    • Basement Description: Full
    • Days On Market: 58
    • Electrical Features: Circuit Breakers, 200+ Amp Service
    • Living Area SqFt: 4284
    • On Market Date: 2025-10-25
    • Road Type: City Street
    • Sewer: Public Sewer
    • Subdivision: Corner of Colmbus & George Bennett
    • Tax Amount: $10,600
    • Tax Year: 2025
    • Type: Commercial Sale
    • Unit Count: 1
    • Utilities: Natural Gas Available, Water Connected, Sewer Connected
    • Year Built: 1940
  • Amenities
    • Golf
    • Tennis Court(s)
  • Interior/Exterior Features
    • Construction Materials: Frame
    • Cooling: Central Air
    • Foundation: Combination, Concrete Perimeter
    • Heat: Natural Gas, Forced Air

The data relating to real estate for sale on this web site comes in part from the IDX Program of the State-Wide Multiple Listing Service, Inc. Real estate listings held by brokerage firms other than William Pitt Sotheby's International Realty are marked with the MLS logo and detailed information about them includes the name of the listing brokers. Information deemed reliable but not guaranteed. Data is updated as of 12/22/2025. Listed By: Karl Martone of RE/MAX Properties.

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