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Former Lounge Bar Space
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424 Benefit Street, Pawtucket, RI 02860

Commercial/Business,Commercial Lease, Pawtucket, RI

Space Size1,764 SF
Lot Size0.14 Acres
Days on Market59

Property Features for 424 Benefit Street

General Information

Property type Commercial Lease
Property subtype Other
Parking 15
Lot features Downtown
Standard status Active
Lot size 0.14 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 7978

Building Details

Year built 1958
Building materials Frame
Listing Agency: Century 21 Limitless · Century 21 Real Estate
Listed By: Kyle Seyboth · License #32535
Added: Jul 2 Changed: Aug 19 Last Checked: Aug 29 at 7:06AM
MLS# 1416822

Copyright © 2026 State Wide MLS of Rhode Island, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 1,764-square-foot commercial space is configured for bar and pub operations and previously housed a lounge, bar, and grill. The frame building dates to 1958 and includes access to water and sewer service as part of the lease arrangement. A preferred lease term of 3 or 4 years is available on a triple net basis.

The property is located on Benefit Street in Pawtucket, near Slater Memorial Park and the Pawtucket/Central Falls Transit Center. Interstate 95, Route 1A, and Route 114 provide regional connectivity, while Newport Avenue shopping, healthcare facilities, Downtown Pawtucket, and Providence are also within the surrounding area. Plenty of parking is provided. A liquor license and smoking license may be obtainable, subject to municipal approval.

Key Highlights

  • 1,764‑square‑foot bar and pub space
  • Preferred 3- or 4‑year NNN lease
  • Water and sewer included

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
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

520
Businesses Nearby
200k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Groceries 46% Shops & Services 28% Apparel 15% Dining 8%
Market Basket Groceries
91,655 visits/mo 0.4 miles
Burlington Apparel
29,692 visits/mo 0.5 miles
Five Below Shops & Services
15,465 visits/mo 0.4 miles
Dunkin' Donuts Dining
11,701 visits/mo 0.1 miles
7-Eleven Shops & Services
9,279 visits/mo 0.3 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
Questions? Ask Rey
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Similar Off Market Nearby

  • Vets Bar 623 Central Ave, Pawtucket, RI 02861
  • Stateline Wine & Spirits 880 Central Ave, Pawtucket, RI 02861
  • Joe's Bar & Grille 836 Central Ave, Pawtucket, RI 02861
  • City Club 41 Linton St, Pawtucket, RI 02861
  • Cafe Ordway 3 Ordway St, Pawtucket, RI 02861

Frequently Asked Questions

What type of property is this?
Bar & Pub - Former hospitality space with water and sewer included under a preferred NNN lease structure.
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‑square‑foot bar and pub space; Preferred 3- or 4‑year NNN lease; Water and sewer included
More about this property
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