551 Smithfield Avenue Pawtucket, RI 02860

Listing agency Williams & Stuart Real Estate b***@williamsandstuart.com Show Phone

Listed by Brian McGloin Show Phone

Source Liongatere

Added: Mar 3 Updated: Jul 10 at 1:18PM Checked: Jul 20 at 4:40AM

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Investment Insights

Based on property information with market context.

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.

Key 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.

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FAQs

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.