ADDRESS
369 S MAIN STREET
PROVIDENCE, RI 02903
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$950,000
12 Days On Site
176 Columbus AvenuePawtucket, RI 02860
For Sale|Commercial Sale|Active
0
Beds
0
Total Baths
4,284
SqFt
$222
/SqFt
1940
Built
Subdivision:
Corner of Colmbus & George Bennett
County:
Providence
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(401) 447-8040
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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.
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Listing Snapshot
Price
$950,000
Days On Site
12 Days
Bedrooms
N/A
Inside Area (SqFt)
4,284 sqft
Total Baths
N/A
Full Baths
N/A
Partial Baths
N/A
Lot Size
25,130 Acres
Year Built
1940
MLS® Number
1398657
Status
Active
Property Tax
$10,600
HOA/Condo/Coop Fees
N/A
Sq Ft Source
N/A
Friends & Family
Recent Activity
| 2 weeks ago | Listing first seen on site | |
| 2 weeks ago | Listing updated with changes from the MLS® |
General Features
Foundation
CombinationConcrete Perimeter
Land Lease
No
Sewer
Public Sewer
SqFt Above
4284
SqFt Total
4284
Utilities
Natural Gas AvailableWater ConnectedSewer Connected
Water Source
Public
Interior Features
Basement
Full
Cooling
Central Air
Electric
Circuit Breakers200+ Amp Service
Heating
Natural GasForced Air
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Exterior Features
Construction Details
Frame
Road Frontage
City Street
Community Features
Community Features
GolfTennis Court(s)
Roads
Asphalt
Listing courtesy of Karl Martone of RE/MAX Properties 4012327900
Listing information is provided by Participants of the State-Wide MLS of Rhode Island, Inc. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2025, State-Wide MLS of Rhode Island, Inc.
Last checked: 2025-11-07 07:36 AM UTC
Listing information is provided by Participants of the State-Wide MLS of Rhode Island, Inc. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2025, State-Wide MLS of Rhode Island, Inc.
Last checked: 2025-11-07 07:36 AM UTC
Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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