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176 Columbus Ave, Pawtucket, RI 02860 176 Columbus Ave 8,847 SF Retail Building Pawtucket, RI 02860 $1,298,698 CAD ($146.80 CAD/SF)

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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.