# 176 Columbus Avenue, Pawtucket, RI 02860

> **TL;DR:** commercial, $950,000, built 1940. Est. $4,117/mo. Listed 167 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $950,000 |
| Year Built | 1940 |
| Lot Size | 25,265 sqft (0.58 acres) |
| Property Type | Commercial (Other) |
| Status | For Sale |
| Days on Market | 167 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $4,117 |
| **Total** | **$4,117** |

## Property Highlights

- Built in 1940
- 0.58 acre lot

## Description

### Agent 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

- **Address:** 176 Columbus Avenue, Pawtucket, RI 02860
- **County:** Providence
- **Neighborhood:** Corner Of Colmbus & George Bennett
- **Coordinates:** 41.870737, -71.364935
- **Google Maps:** https://www.google.com/maps?q=41.870737,-71.364935

## Listing Agent

- **Name:** Karl Martone
- **Brokerage:** Re/Max Properties
- **Phone:** (401) 232-3900
- **Email:** karl@martonegroup.com

## Primary Photo

![176 Columbus Avenue - Primary Photo](http://lh.rdcpix.com/353f938629e0b877f0171d34d471528bl-f881943824r.jpg)

*46 total photos available on [listing page](https://www.propertysimple.com/listing/176-columbus-avenue-pawtucket-ri-02860-1398657)*

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**MLS#:** 1398657 | **Updated:** 2026-04-24
**Source:** listhub

*Copyright © 2025 State Wide MLS of Rhode Island, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.com/listing/176-columbus-avenue-pawtucket-ri-02860-1398657)

---

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