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    1025 Tiogue Ave Coventry, RI 02816

    Sponsored
    For Sale
    $574,900

    Two Buildings, Ample Parking, High Traffic Area

    Property size:
    2,640 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    341
    This exceptional commercial property, located at 1025 Tiogue Avenue in Coventry, Rhode Island, presents a unique investment opportunity. The property boasts two free-standing buildings totaling over 2,640 square feet, situated on a highly visible two-acre lot along Route 3. The buildings share a joint access point and offer significant flexibility for a variety of commercial uses. Currently configured as two to three rental units, the property is zoned commercial, allowing for diverse business ventures. One building features a finished lower level, adding to its versatility. Extensive paved parking is available in front of the buildings, with additional parking located at the rear, ensuring ample space for customers and employees. The exterior is finished with durable vinyl siding. The property's prime location and substantial size make it ideal for a range of businesses, from professional offices and salons to retail establishments such as gift shops. The potential to operate a business in one building while generating rental income from the other presents a compelling investment strategy. The seller may consider leasing options. This property offers a rare combination of visibility, space, and versatility, making it an attractive proposition for discerning investors and entrepreneurs. The asking price is $574,900.

    Property Features for 1025 Tiogue Ave

    General Information

    Property type
    Other commercial real estate
    Square Feet
    2,640 SF
    Lot Size
    87,120 SF

    Building Details

    Year Built
    1968
    Property Profile Location Intelligence

    Current Use by Public Records

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

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Coventry
    County
    Kent
    State
    Rhode Island
    Longitude
    -71.57745
    Latitude
    41.67989

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    FAQs

    What type of property is this?
    Commercial real estate - Two Buildings, Ample Parking, High Traffic Area
    Where is this commercial real estate located?
    The property is located at 1025 Tiogue Ave Coventry, RI.
    What is the asking price?
    The asking price for this property is $574,900.
    (401) 515-5531
    Request Owner's contact information
    1025 Tiogue Ave 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
    1025 Tiogue Ave Coventry, RI 02816
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