176 Columbus AVE, Pawtucket, RI 02860
176 Columbus AVE, Pawtucket, RI 02860
176 Columbus AVE, Pawtucket, RI 02860
46
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$850,000
Est. payment /mo
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4,284 SqFt
Pending

176 Columbus AVE Pawtucket, RI 02860

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Eric Coury

Eric Coury

Keller Williams Elite

+1(508) 838-6956

UPDATED:

Key Details

Property Type Commercial

Sub Type Commercial

Listing Status Pending

Purchase Type For Sale

Square Footage 4,284 sqft

Price per Sqft $198

MLS Listing ID 1412993

HOA Y/N No

Abv Grd Liv Area 4,284

Year Built 1940

Annual Tax Amount $10,600

Tax Year 2025

Lot Size 0.577 Acres

Property Sub-Type Commercial

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.

Location

State RI

County Providence

Rooms

Basement Full

Interior

Heating Forced Air, Gas

Cooling Central Air

Exterior

Community Features Golf, Highway Access, Near Hospital, Near Schools, Pool, Public Transportation, Recreation Area, Shopping, Tennis Court(s), High Traffic Location

Utilities Available Natural Gas Available, Municipal Utilities, Water Connected, Sewer Connected

Street Surface Asphalt

Building

Foundation Combination, Concrete Perimeter

Sewer Connected, Public Sewer, Sanitary

Water Public

Structure Type Frame,Masonry

New Construction No

Others

Tax ID 176COLUMBUSAVPAWT

Security Features Fire Alarm

Virtual Tour https://tour.RiLiving.com/176-Columbus-Avenue-Pawtucket-RI-02860

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Tricia Coury
Tricia Coury

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+1(508) 838-6956 | tricia@triciacoury.com

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By checking this box, I agree by electronic signature to the Electronic Disclosure Consent Agreement; to receive recurring marketing communication from or on behalf of Keller Williams Elite, including auto-dialed calls, texts, and artificial/prerecorded voice messages (message frequency varies; data rates may apply; reply "STOP" to opt-out of texts or "HELP" for assistance); and to the Terms of Service and Privacy Policy of this website. Consent not required to make a purchase. I understand that I can call to obtain direct assistance.