Established Convenience Store
For Sale
$650,000
551 Smithfield Avenue, Pawtucket, RI 02860
Commercial/Business, Pawtucket, RI
Property Size1,200 SF
Lot Size0.07 Acres
Price / SF$541.67
Days on Market170
Property Features for 551 Smithfield Avenue
General Information
Property type
Commercial Sale
Property subtype
Other
Parking
6
Security features
Security System
Interior features
Ceiling Height (9 to 12 Ft)
Subdivision
Fairlawn
Lot features
Urban
Standard status
Active
Size
1,200 SF
Lot size
0.07 Acres
Taxes and HOA fees
Tax Year
2025
Utilities
Cooling system
Central Air
Building Details
Number of units
1
Building materials
Brick
Listing Agency:
Williams & Stuart Real Estate
(401) 942-0200
Listed By:
Brian McGloin
(401) 829-0318
Added: Mar 3
Changed: Aug 20
Last Checked: Aug 20 at 3:06PM
MLS# 1405754
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 established convenience store business operates from a well-maintained brick premises offering approximately 1,200 square feet of retail area and 300 square feet of storage. The layout includes seven permanent cooler doors, additional vendor-provided coolers, central air, and ceiling heights ranging from 9 to 12 feet. Product categories include beer, wine, and spirits, with lottery and cigarette sales also in place.
The business has operated at the current location for over 50 years. Its position on Smithfield Avenue in Pawtucket provides visibility along a roadway carrying approximately 8,000–10,000 vehicles per day. The sale excludes the real estate and inventory; the premises are available for lease separately. Existing operations support an owner-operator or investor-oriented business acquisition.
The business has operated at the current location for over 50 years. Its position on Smithfield Avenue in Pawtucket provides visibility along a roadway carrying approximately 8,000–10,000 vehicles per day. The sale excludes the real estate and inventory; the premises are available for lease separately. Existing operations support an owner-operator or investor-oriented business acquisition.
Key Highlights
- Approximately 1,200 SF of retail space plus 300 SF of storage
- Seven permanent cooler doors, plus additional vendor‑supplied coolers
- Over 50 years of operation at the current location
Property Analytics
Property Profile
Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
595
Businesses Nearby
25k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 95%
Dining 5%
Cumberland Farms
Shops & Services
14,383 visits/mo
0.2 miles
Family Dollar
Shops & Services
8,416 visits/mo
0.1 miles
SUBWAY
Dining
1,264 visits/mo
0.5 miles
Citizens Bank
Shops & Services
600 visits/mo
0.1 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
Questions? Ask Rey
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Similar Off Market Nearby
- SAS food mart — 1003 Mineral Spring Ave, North Providence, RI 02904
- Price ID — Pawtucket, RI 02860
- Fairlawn Plaza — 601 Smithfield Ave, Pawtucket, RI 02860
Frequently Asked Questions
What type of property is this?
Grocery and convenience store - Operating retail business with beverage sales, lottery, tobacco products, and dedicated storage space.
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: Approximately 1,200 SF of retail space plus 300 SF of storage; Seven permanent cooler doors, plus additional vendor‑supplied coolers; Over 50 years of operation at the current location
