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    1152 Main St Coventry, RI 02816

    For Sale
    $699,900

    COMMERCIAL - Coventry, RI

    Type:Apartment
    Lot size:
    0.11 Acres
    Days on Market:
    83
    Last Refresh:
    Dec 13 at 10:06 am

    Property Features for 1152 Main St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Apartment
    Standard status
    Active
    Rooms
    Basement
    Interior features
    Ceiling Height (7 to 9 Ft)
    Lot size
    0.11 Acres

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Baseboard
    Cooling system
    Central Air, Window Unit(s)
    Water front features
    Waterfront
    Water front
    1

    Building Details

    Year built
    1840
    Number of units
    3

    Keller Williams Realty of Newport / East Bay / North Kingstown (401) 845-9200 [email protected]

    Listing agent Michael Brennan (401) 632-1742

    Listing date Sep 22, 2025

    Copyright © 2025 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.

    Overview

    Riverfront Restaurant, Bar, Apartments

    This fully renovated waterfront property in Coventry, Rhode Island, features a restaurant, bar, and two apartments. The property is situated along the riverfront, across from Dave's Marketplace Plaza. The restaurant can accommodate up to 85 guests and includes new kitchen tile floors and FRP walls, indoor and outdoor bars, and a deck overlooking the river. The location benefits from high traffic, being directly across from Dave's Marketplace and Dunkin'. The property also includes two updated residential units. The second floor contains a two-bedroom unit with a walk-in closet, while the third floor features a one-bedroom unit with an in-unit washer and dryer. Both apartments are currently leased and income-producing. The property, situated on 0.11 acres, offers potential for adaptive reuse on the first-floor commercial space. This property is located at 1152 Main Street, Coventry, RI 02816.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Main Street Pub Bar

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Crestwood Wine & Spirits, Main Street Pub, Black Oak Kitchen & Drinks, Dragon Palace

    Location Insight

    • Map
    • Local Demand
    City
    Coventry
    County
    Kent
    State
    Rhode Island
    Longitude
    -71.565776
    Latitude
    41.690246

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    FAQs

    What type of property is this?
    Bar - Renovated waterfront restaurant, bar, and apartments in Coventry, RI.
    Where is this bar located?
    The property is located at 1152 Main St Coventry, RI.
    What is the asking price?
    The asking price for this property is $699,900.
    What are key features of this property?
    This property features: - Prime waterfront location featuring a restaurant, bar, and two apartments.; - High-traffic location, across from Dave's Marketplace and Dunkin'.; - Restaurant with seating for 85 and a spacious deck overlooking the river.
    (401) 632-1742
    Request Owner's contact information
    1152 Main St Coventry, RI 02816
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    Coventry, RI 02816
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1152 Main St Coventry, RI 02816
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