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Established Liquor Store Business Opportunity

551 Smithfield Avenue, Pawtucket, RI 02860

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For Sale

$650,000

Turn-key liquor store with high traffic and established customer base.

Type:Business Opportunity

Property size:

1,200 SF

Price / SF:

$541/SF

HighLights

Turn‑key liquor store with a 50+ year successful operating history.
High‑traffic location on Smithfield Avenue with 8,000‑10,000 vehicles daily.
Average annual gross sales of approximately $737,874.
Established customer base and excellent visibility.
Includes seven permanent cooler doors and additional vendor‑supplied coolers.
Opportunity for upside potential through extended hours and expanded product mix.

We can help!

Listing Contact

Brian McGloin

Learn more

For Sale

$650,000

Turn-key liquor store with high traffic and established customer base.

Type:Business Opportunity

Property size:

1,200 SF

Price / SF:

$541/SF

Added:: Mar 3, 2026
Days on Market:: 101
Last Refresh:: Apr 22 at 12:57 pm

Property Features for 551 Smithfield Avenue

General Information

Standard status: Active
Size: 1,200 SF
Property subtype: Business Opportunity

We can help!

Listing Contact

Brian McGloin

Listing agent Brian McGloin

Listing office Williams & Stuart Real Estate

Listing date Mar 3, 2026

Source Liongatere

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 Williams & Stuart Real Estate

HighLights

Turn‑key liquor store with a 50+ year successful operating history.
High‑traffic location on Smithfield Avenue with 8,000‑10,000 vehicles daily.
Average annual gross sales of approximately $737,874.
Established customer base and excellent visibility.
Includes seven permanent cooler doors and additional vendor‑supplied coolers.
Opportunity for upside potential through extended hours and expanded product mix.

Overview

This is a turn-key liquor store business opportunity with over 50 years of successful operation at its current location on Smithfield Avenue in Pawtucket. The business benefits from excellent visibility due to high traffic, with an average daily traffic count of approximately 8,000 to 10,000 vehicles. The store features approximately 1,200 sq. ft. of retail space plus 300 sq. ft. of storage. The layout is efficient 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 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 available for lease at $2,500 per month. Inventory is sold separately and not included in the asking price.

Location Intelligence

Current Use by Public Records

Fairlawn Wine Co Specialty Food Shop

Suggested Use

Similar Places Nearby

SAS food mart — 1003 Mineral Spring Ave, North Providence, RI 02904
HOME RI — 273 Lonsdale Ave, Pawtucket, RI 02860

Location Insight

Map
Local Demand

City: Pawtucket
County: Providence
State: Rhode Island
Longitude: -71.414905
Latitude: 41.8774957

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For sale
Grocery and convenience stores
RI
Pawtucket
02860
551 Smithfield Avenue

What type of property is this?

Grocery and convenience store - Turn-key liquor store with high traffic and established customer base.

Where is this grocery and convenience store located?

The property is located at 551 Smithfield Avenue Pawtucket, RI.

What is the asking price?

The asking price for this property is $650,000.

What are key features of this property?

This property features: Turn‑key liquor store with a 50+ year successful operating history.; High‑traffic location on Smithfield Avenue with 8,000‑10,000 vehicles daily.; Average annual gross sales of approximately $737,874.