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Versatile Commercial Property with Rental Potential
For Sale
$549,900

1025 Tiogue Ave, Coventry, RI 02816

Two-building commercial property with rental income potential in Coventry, RI.

Property Size6,000 SF
Lot Size2.00 Acres
Price / SF$91.65
Days on Market930

Property Features for 1025 Tiogue Ave

General Information

Standard status Active
Size 6,000 SF
Lot size 2.00 Acres

Taxes and HOA fees

Annual Taxes $11,523
Listing Agency: Century 21 Guardian Realty
Listed By: Elaine ECCLESTON
Source: Exprealty
Added: Jan 25, 2024 Changed: Aug 8 Last Checked: Aug 8 at 2:21PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Century 21 Guardian Realty

Investment Insights

Based on property information with market context.

This commercial property features two buildings totaling over 2,600 square feet, offering prime visibility and versatility. The layout is designed to accommodate up to three rental units, with separate electric service. City water is available, and sewers are accessible at the street. The exterior features low-maintenance vinyl siding, complemented by ample paved parking in front for clients and staff, with additional parking located behind the buildings. One of the buildings includes a finished lower level suitable for storage. The property's versatility makes it suitable for various business types, including professional offices, a salon, boutique, studio, or retail storefront. The property offers the opportunity for business owners to occupy one space while generating income from the remaining units.

Key Highlights

  • Spacious commercial property boasting 6,000+ sq. ft. in two buildings.
  • Potential for up to 3 rental units, offering income opportunities.
  • Each unit has separate electric service.

Property Analytics

Current Use

Century 21 Guardian Real Estate Agency Rich Lutz @ CENTURY21 ... Real Estate Agency Coventry Learning Center Tutoring Service

Suggested Use

Top Pick Real Estate Agency Law Firm Restaurant Building Supply Big Box & Wholesale Store Storage Facility

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

363
Businesses Nearby

Demographics for 02816, RI

33,206
Population
14,505
Households
2.3
Avg Household Size
45
Median Age
32%
College-Educated
93%
High-School Grad
36.9 sq mi
ZIP Area
900
Density / Sq Mi
$97,941
Median Household Income
$51,773
Median Earnings
$1,168
Median Rent
$317,400
Median Home Value

Market

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025
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Frequently Asked Questions

What type of property is this?
Retail space - Two-building commercial property with rental income potential in Coventry, RI.
Where is this retail space located?
The property is located at 1025 Tiogue Ave Coventry, RI.
What is the asking price?
The asking price for this property is $549,900.
What are key features of this property?
This property features: Spacious commercial property boasting 6,000+ sq. ft. in two buildings.; Potential for up to 3 rental units, offering income opportunities.; Each unit has separate electric service.
More about this property
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