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$950,000
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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.
Full Property Details
Full Property Details for 176 Columbus Ave
General
- Price: $950,000
- Taxes: $10,600 (2025)
- Status: Active
- Type: Commercial Service
- Source: STWMLS
- MLS ID: 1398657
- Updated: 10/25/2025
- Added to Site: 83 day(s) ago
Business
- Business Type: Food & Beverage, Restaurant
- Seating Capacity: 150
Rental Information
- Lease Info: NNN
Additional Information
- Tennis: Yes
Location
- County: Providence
- Subdivision: Corner of Colmbus & George Bennett
- Near Highway: Yes
Community
- Units Assoc/Comm: 1
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air Conditioning
- Heating Type: Forced Air, Gas
Utilities
- Sewer: Connected, Public Sewer, Sanitary
- Water: Public
- Utility Description: Natural Gas Available, Municipal Utilities, Water Connected, Sewer Connected
Structural Information
- # Buildings: 1
- Detached/Attached: Attached
- Construction: Frame, Masonry
- Basement: Yes
- Basement Desc.: Full
- Stories/Levels: 0
- Building Size: 4284
- Finished Total: 4,284 Sq. Ft.
- Finished Above Grnd: 4,284 Sq. Ft.
- Year Built: 1940
Lot Features
- Lot Size (Sq. Ft.): 25,130
- Lot Size: 25130
- Frontage: City Street, Asphalt
Financial Considerations
- Tax Amount: $10,600
- Tax Year: 2025
- Owner Pays: HVAC Maintenance, Roof Maintenance
- Tenant Pays: Cable TV, Electricity, Exterior Maintenance, Gas, Heat, Hot Water, Insurance, Janitorial Service, Pest Control, Snow Removal, Sewer, Taxes, Trash Collection, Telephone, Water
Disclosures and Reports
- Documents Avail.: Aerial
- Property ID: 176COLUMBUSAVPAWT
- Lot Number: 727
Listed by RE/MAX Properties
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Schools
Schools serving 176 Columbus Ave
School District:Pawtucket School District
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 176 Columbus Ave
Date
Details
Price
Change
Source
10/25/2025
Listed
$950,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 176 Columbus Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$10,640
7%
$462,400
—
2024
$9,988
-16%
$462,400
15%
2023
$11,955
2%
$403,200
—
2022
$11,701
—
$403,200
—
2021
$11,701
-25%
$403,200
-11%
2020
$15,629
—
$453,400
—
2019
$15,629
4%
$453,400
—
2018
$15,057
-1%
$453,400
4%
2017
$15,201
47%
$435,800
42%
2016
$10,308
—
$306,700
—
2015
$10,308
—
$306,700
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 176 Columbus Ave
176 Columbus Avenue, Pawtucket, RI 02860 (MLS# 1398657) is a Commercial Service property. 176 Columbus Avenue is currently listed for $950,000 and was received on October 25, 2025. Want to learn more about 176 Columbus Avenue? Do you have questions about finding other Commercial Service real estate for sale in Pawtucket? You can browse all Pawtucket real estate or contact a Coldwell Banker agent to request more information.

