Commercial,Business at 551 Smithfield Avenue, Pawtucket
Commercial,Business at 551 Smithfield Avenue, Pawtucket, photo 2 of 8
Commercial,Business at 551 Smithfield Avenue, Pawtucket, photo 3 of 8
Commercial,Business at 551 Smithfield Avenue, Pawtucket, photo 4 of 8
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Commercial,Business at 551 Smithfield Avenue, Pawtucket, photo 8 of 8
8 photos

$650,000

551 Smithfield Avenue
Pawtucket, RI 02860
Listed by Brian McGloin
Bedrooms
N/A
Bathrooms
N/A
Living area
N/A
Year built
N/A

About this home

Turn-key liquor store with over 50 years of successful operation at its current location on high-traffic Smithfield Avenue in Pawtucket. The business benefits from excellent visibility with an average daily traffic count of approximately 8,000–10,000 vehicles, making it an attractive opportunity for both owner-operators and investors. The store features approximately 1,200 sq. ft. of retail space plus 300 sq. ft. of storage, efficiently laid out 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 consistent 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 not included in the sale but is available for lease at $2,500 per month. Inventory is sold separately and not included in the asking price. Serious inquiries only. Contact agent directly for financials and additional details

Property details

MLS #
1405754
Property type
Commercial,Business
Subdivision
Fairlawn
Status
Active
Days on market
147
On market date
March 3, 2026
Stories
N/A
Total bathrooms
N/A
Garage spaces
N/A
Parking spaces
6
Lot size
3,000 sqft
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Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card (e.g. NC Dept. of Public Instruction, SC Report Card).

Elementary
Nathanael Greene School
0.68 mi away · Grades -1-5
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
395
Student:teacher ratio
14.1:1
District
Pawtucket
MiddleCharter
Blackstone Valley Prep Upper E
0.61 mi away · Grades 5-6
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
384
Student:teacher ratio
12.8:1
District
Blackstone Valley Prep A RI Mayoral Academy
High
Central Falls Sr High
1.38 mi away · Grades 9-12
Nearest school -- attendance-zone data not available here
3.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
804
Student:teacher ratio
17.1:1
District
Central Falls

Walkability

Blended score for Pawtucket's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

86
Highly walkable
out of 100
EPA National Walkability Index
15.2 / 20 -- Above average walkable
Google Places amenity density
100 / 100
Restaurants & cafes20
Grocery stores8
Parks11
Schools9
Transit stops20
Pharmacies4

Market position

How this listing compares to current activity in Pawtucket, from live MLS data.

On the market 147 days -- 103 more days than Pawtucket's current average of 44 days.
For reference, the median list price across 397 active listings in Pawtucket right now is $439,999.

Mortgage calculator

Estimate only - actual rate and payment depend on your lender, credit, and loan program.

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Est. monthly payment
$4,064/mo
$130,000 down
$520,000 loan
Principal & interest$3,373
Property tax (est.)$542
Home insurance (est.)$150

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Data source: Listing information provided by Rhode Island Association of REALTORS via Trestle/CoreLogic. Last updated March 14, 2026.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.