551 Smithfield AVE, Pawtucket, RI 02860
551 Smithfield AVE, Pawtucket, RI 02860
551 Smithfield AVE, Pawtucket, RI 02860
551 Smithfield AVE, Pawtucket, RI 02860
551 Smithfield AVE, Pawtucket, RI 02860
551 Smithfield AVE, Pawtucket, RI 02860
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$ 650,000
Est. payment | /mo

1,200 SqFt


$ 650,000
Est. payment | /mo

1,200 SqFt

Key Details

Property Type Commercial

Sub Type Business

Listing Status Active

Purchase Type For Sale

Square Footage 1,200 sqft

Price per Sqft $541

Subdivision Fairlawn

MLS Listing ID 1405754

HOA Y/N No

Abv Grd Liv Area 1,200

Tax Year 2025

Lot Size 3,000 Sqft

Property Sub-Type Business

Property Description

Turn-key liquor store with over 50 years of successful operation at its current location on high-traffic Smithfield Avenue in Pawtucket. The business benefits from excellent visibility with an average daily traffic count of approximately 8,000 10,000 vehicles, making it an attractive opportunity for both owner-operators and investors. The store features approximately 1,200 sq. ft. of retail space plus 300 sq. ft. of storage, efficiently laid out and well maintained. Equipment includes seven permanent cooler doors, along with additional vendor-supplied coolers. The product mix includes a large selection of beer (including craft), wine, and spirits, with lottery and cigarette sales providing consistent supplemental revenue. Average annual gross sales are approximately $737,874, supported by a long operating history and established customer base. There is clear upside potential through extended hours, expanded product mix, and more hands-on ownership. Real estate is not included in the sale but is available for lease at $2,500 per month. Inventory is sold separately and not included in the asking price. Serious inquiries only. Contact agent directly for financials and additional details

Location

State RI

County Providence

Community Fairlawn

Rooms

Basement None

Interior

Cooling Central Air

Exterior

Community Features Highway Access, Public Transportation, Recreation Area, Restaurant, Shopping, High Traffic Location, Street Lights

Utilities Available Natural Gas Connected, Sewer Connected

Total Parking Spaces 6

Building

Foundation Block

Sewer Connected

Water Connected

Structure Type Brick

New Construction No

Others

Tax ID 551SMITHFIELDAVPAWT

Security Features Security System

Virtual Tour https://tour.RiLiving.com/551-Smithfield-Avenue-Pawtucket-RI-02860

Listed by Williams & Stuart Real Estate

NEARBY SCHOOLS & PROPERTIES

Mike Byrnes
Mike Byrnes

CEO & Owner

+1(508) 826-5233 | mike@mbcorporation.net

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551 Smithfield AVE