Log In/Sign Up
Your email has been sent.
176 Columbus Ave, Pawtucket, RI 02860 176 Columbus Ave 8,847 SF Retail Building Pawtucket, RI 02860 $950,000 ($107.38/SF)
Investment Highlights
- Positioned on a high-visibility corner lot spanning a half-acre
Executive Summary
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.
Property Facts
Sale Type
Investment
Property Type
Retail
Building Size
8,847 SF
Year Built
1940
Price
$950,000
Price Per SF
$107.38
Tenancy
Single
Building Height
1 Story
Building FAR
0.36
Lot Size
0.57 AC
Zoning
MO
Parking
56 Spaces (6.33 Spaces per 1,000 SF Leased)
Nearby Major Retailers
Property Taxes
| Parcel Number | PAWT-000026-000000-000727 | Improvements Assessment | $360,300 |
| Land Assessment | $102,100 | Total Assessment | $462,400 |
Property Taxes
Parcel Number
PAWT-000026-000000-000727
Land Assessment
$102,100
Improvements Assessment
$360,300
Total Assessment
$462,400
1 of 46
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Presented by
176 Columbus Ave, Pawtucket, RI 02860 | 176 Columbus Ave
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.
Your message has been sent!
Activate your LoopNet account now to track properties, get real-time alerts, save time on future inquiries, and more.