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    1193 Tiogue Ave Coventry, RI 02816

    For Sale
    $1,450,000

    Industrial,Mixed Use,Office,Warehouse,Commercial - Coventry, RI

    Property size:
    18,500 SF
    Lot size:
    2.50 Acres
    Days on Market:
    121
    Last Refresh:
    Dec 6 at 3:06 am

    Property Features for 1193 Tiogue Ave

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Parking
    60
    Interior features
    Ceiling Height (9 To 12 Ft), Ceiling Height (12 To 15 Ft)
    Exterior features
    Suburban
    Size
    18,500 SF
    Lot size
    2.50 Acres

    Utilities

    Heating system
    Central, Forced Air, Heat Pump (Heating)

    Building Details

    Year built
    1980
    Floors in Building
    2
    Number of units
    4
    Building materials
    Brick
    Architectural style
    Other

    BHHS Commonwealth RE (508) 810-0700 [email protected]

    Listing agent Barry Alofsin (401) 886-6100

    Listing date Aug 8, 2025

    MLS# 1392197 Listing URL

    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

    Versatile Mixed-Use Commercial Property

    This mixed-use commercial property offers 18,500 square feet of space, presenting various business opportunities. Currently, 53% of the property is leased to long-term tenants, providing a stable income stream. Suite 3 features 3,000 square feet of unoccupied space, complete with a kitchenette, private entrances, and a street view. This suite is suitable for medical practices, physical therapy centers, martial arts studios, licensed daycares, and gyms. There is an additional 5,000 square feet of vacant space with office configurations. This area can be divided into two 2,500 square feet offices or used as one 5,000 square feet space. The property is located 2.3 miles from I-95 and near Coventry High School, offering accessibility for customers. A new roof was installed as of February 2024.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    North Star Realty Real Estate Agency Legacy Thai Boxing Martial Arts School Lovitz Lee S ... Podiatrist Blasbalg Mark OD Optometrist Acuity Vision & Eyewear ... Optometrist

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Coventry
    County
    Kent
    State
    Rhode Island
    Longitude
    -71.585713
    Latitude
    41.679264

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    FAQs

    What type of property is this?
    Mixed-use property - 18,500 sq ft property with leased and vacant spaces.
    Where is this mixed-use property located?
    The property is located at 1193 Tiogue Ave Coventry, RI.
    What is the asking price?
    The asking price for this property is $1,450,000.
    What are key features of this property?
    This property features: - Prime mixed-use commercial property with 18,500 total square feet.; - 53% of the property is currently leased, providing stable income.; - **Suite 3 offers 3,000 sq ft of vacant space with a kitchenette, private entrance/exit, and street view**
    (401) 886-6100
    Request Owner's contact information
    1193 Tiogue Ave 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
    1193 Tiogue Ave Coventry, RI 02816
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