551 Smithfield Avenue, Pawtucket, RI 02860

$650,000

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List Price
$650,000
MLS#
1405754
Status
ACTIVE
Type
Commercial
City
Pawtucket
County
Providence

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

Additional Information

Cooling
Central Air
Sewer
Connected
Community Features
Highway Access, Public Transportation, Recreation Area, Restaurant, Shopping, High Traffic Location, Street Lights

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Calculator source: Real Geeks

Listing courtesy of Williams & Stuart Real Estate. Contact:

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