1025 Tiogue, Coventry, RI 02816
Two-building commercial property with rental potential and ample parking.
- Added:
- Sep 30, 2025
- Days on Market:
- 271
- Last Refresh:
- Mar 16 at 11:03 am
Property Features for 1025 Tiogue
General Information
- Standard status
- Active
- Size
- 2,640 SF
- Lot size
- 2.00 Acres
Building Details
- Year Built
- 1968
Listing office CENTURY 21 GUARDIAN REALTY (401) 515-5531
Listing date Sep 30, 2025
Source Corcoran
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HighLights
- Two‑building commercial property totaling 2,600+ sq. ft.
- Potential for up to 3 rental units.
- Separate electric service.
- Ample paved parking in front and additional parking behind.
- Versatile layout suitable for various business types.
- One building has a finished lower level for storage.
Overview
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $50.1k | $18.96 |
| − Vacancy | −$1.3k | −$0.49 |
| EGI | $48.8k | $18.47 |
| − OpEx | −$14.6k | −$5.54 |
| NOI | $34.1k | $12.93 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Coventry
- County
- Kent
- State
- Rhode Island
- Longitude
- -71.5776103
- Latitude
- 41.6798354