176 Columbus Avenue Pawtucket, RI 02860
Other
MLS #: 1412993
Courtesy Of RE/MAX PROPERTIES
Property InformationDescription
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.
Features
- Age: Over 50 Years Old
- Amenities: Basement
- Building Units: 1
- Exterior Type: Masonry
- Exterior Type: Frame
- Heating System: Forced Air
- Heating System: Central
- Heating System: Natural Gas
- MLSID: 1412993
- Rooms: Basement
MAP & DIRECTIONS
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