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Bar and Pub Space
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424 Benefit St, Pawtucket, RI 02861

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

Space Size1,764 SF
Days on Market42

Property Features for 424 Benefit St

General Information

Standard status Active
Size 1,764 SF
Net Rentable 1,764 SF
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
Listing Agency: Century 21 Limitless
Listed By: Kyle Seyboth · License #REC.0005226
Source: Exprealty
Added: Jul 2 Changed: Aug 10 Last Checked: Aug 11 at 12:24PM

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

643
Businesses Nearby
150k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Groceries 61% Shops & Services 26% Dining 11% Electronics 2%
Market Basket Groceries
91,655 visits/mo 0.5 miles
Five Below Shops & Services
15,465 visits/mo 0.5 miles
Dunkin' Donuts Dining
11,701 visits/mo 0.2 miles
7-Eleven Shops & Services
9,279 visits/mo 0.4 miles
Mobil Shops & Services
5,481 visits/mo 0.4 miles

Demographics for 02861, RI

27,833
Population
11,928
Households
2.3
Avg Household Size
40
Median Age
20%
College-Educated
87%
High-School Grad
3.6 sq mi
ZIP Area
7,731
Density / Sq Mi
$83,044
Median Household Income
$47,384
Median Earnings
$1,278
Median Rent
$285,200
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

  • Starbucks 59 Chestnut St, Providence, RI 02903
  • Tiny Bar 377 Richmond St, Providence, RI 02903
  • Sapphire 18 Bassett St, Providence, RI 02903
  • The District 54 South St, Providence, RI 02903
  • 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 St 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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