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Bar and Pub Space
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424 Benefit Street, Pawtucket, RI 02860

Former lounge and grill with parking, included water and sewer, and flexible NNN lease terms.

Space Size1,764 SF
Days on Market70

Property Features for 424 Benefit Street

General Information

Standard status Active
Size 1,764 SF
Net Rentable 1,764 SF
Total Parking Spaces 15
Lease Type NNN

Space & Availability

Available Space 1,764 SF
Contiguous Space 1,764 SF
Space Use Restaurant

Site & Location

Highway Access Yes
Utilities to Site Yes

Additional Details

Lease Term 48 months

Taxes and HOA fees

Annual Taxes $7,978

Building Details

Year Built 1958
Buildings 1
Listing Agency: Century 21 Limitless
Listed By: Kyle Seyboth · License #REB.0019335
Source: Liongatere
Added: Jul 2 Changed: Sep 8 Last Checked: Sep 7 at 1:59PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Century 21 Limitless

Investment Insights

Based on property information with market context.

This 1,764-square-foot commercial space is configured for bar, pub, or restaurant use and previously operated as a lounge, bar, and grill. The property includes parking, while water and sewer are included in the lease structure. Preferred lease terms are 3 or 4 years on a triple net basis.

A liquor license and smoking license may be obtainable, subject to municipal approval. The property is located at 424 Benefit St in Pawtucket, near Downtown Pawtucket, Slater Memorial Park, Newport Avenue shopping, healthcare facilities, and the Pawtucket/Central Falls Transit Center. Access to Interstate 95, Route 1A, Route 114, and Providence adds regional connectivity.

Key Highlights

  • 1,764 SF commercial space suited to bar, pub, or restaurant use
  • Previously operated as a lounge, bar, and grill
  • Preferred 3- or 4‑year triple net (NNN) lease

Property Analytics

Current Use

Bright Insurance Agency Insurance Agency

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Locksmith Auto Parts Store Butcher Catering Service Pet Grooming Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access
Yes
Utilities to site
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

5,557
Businesses Nearby
79k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 46% Groceries 44% Dining 6% Home Improvements & Furnishings 4%
Trader Joe's Groceries
35,185 visits/mo 0.2 miles
Shell Shops & Services
20,299 visits/mo 0.2 miles
Marathon Shops & Services
8,137 visits/mo 0.4 miles
Pokeworks Dining
3,064 visits/mo 0.5 miles
Blick Art Materials Shops & Services
3,052 visits/mo 0.2 miles

Demographics for 02860, RI

47,894
Population
21,467
Households
2.2
Avg Household Size
37
Median Age
25%
College-Educated
80%
High-School Grad
5.3 sq mi
ZIP Area
9,037
Density / Sq Mi
$59,954
Median Household Income
$42,038
Median Earnings
$1,112
Median Rent
$287,400
Median Home Value

Market

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
Rey
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  • Nick-A-Nees 75 South St, Providence, RI 02903

Frequently Asked Questions

What type of property is this?
Bar & Pub - Former lounge and grill with parking, included water and sewer, and flexible NNN lease terms.
Where is this bar & pub located?
The property is located at 424 Benefit Street Pawtucket, RI.
What are key features of this property?
This property features: 1,764 SF commercial space suited to bar, pub, or restaurant use; Previously operated as a lounge, bar, and grill; Preferred 3- or 4‑year triple net (NNN) lease
More about this property
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