First-Floor Retail/Office
For Sale
Contact for pricing
1049 Tiogue Avenue #F, Coventry, RI 02816
First-floor storefront suite with private bathroom and included water in a busy retail area.
Property Size1,430 SF
Price / SF$1.05
Days on Market101
Property Features for 1049 Tiogue Avenue #F
General Information
Standard status
Active
Size
1,430 SF
Property subtype
Commercial
Amenities
private bathroom
Building Details
Year Built
1938
Listing Agency:
Innovations Realty
(401) 414-7414
Listed By:
Francis Hiraldo · License #RES.0041142
(401) 451-2422
Source:
Lockandkeyre
Added: Jul 24
Changed: Oct 31
Last Checked: Nov 1 at 4:37AM
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 Innovations Realty
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Investment Insights
Based on property information with market context.
First-floor commercial suite available at 1049 Tiogue Avenue, Unit F, totaling 1,430 sq. ft. The space is positioned among other retail businesses and includes a private bathroom. Water is included, which may help reduce operating costs for low-usage businesses.
The property is located on Tiogue Avenue in a high-traffic commercial setting. The listing notes plenty of parking available for customers and staff.
Operating costs are outlined as no CAM fees, with the tenant responsible only for heat and electric.
The property is located on Tiogue Avenue in a high-traffic commercial setting. The listing notes plenty of parking available for customers and staff.
Operating costs are outlined as no CAM fees, with the tenant responsible only for heat and electric.
Key Highlights
- 1,430 SF first‑floor commercial space on busy Tiogue Avenue, surrounded by other retail businesses
- Private bathroom included
- Water included for low‑usage businesses
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$18,486
Suggested Prices Based on Cap Rates
Cap Rate 5%
$369,720
$369.7K
Cap Rate 7%
$264,086
$264.1K
Cap Rate 9%
$205,400
$205.4K
Market Conditions
NOI Build-Up for 1,430 SF
Gross rent
$27.1K $18.96/SF
− Vacancy
−$705 −$0.49/SF
EGI
$26.4K $18.47/SF
− OpEx
−$7.9K −$5.54/SF
NOI
$18.5K $12.93/SF
Area
Kent County, RI
Vacancy
2.60%
Lease Rate
$18.96 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$369,720
Cap Rate 7%
$264,086
Cap Rate 9%
$205,400
Alternative Uses
Best Use
Retail
$264.1K
$231.1K – $308.1K
NOI $18,486 @ 7.0% cap · market cap 1,232.40%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$358.2K
$313.4K – $417.9K
NOI $25,071 @ 7.0% cap · market cap 1,671.40%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
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Current Use
Location Intelligence
Trade Area within ½ mile
339
Businesses Nearby
111k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 33%
Shops & Services 28%
Groceries 27%
Home Improvements & Furnishings 12%
Stop & Shop
Groceries
30,530 visits/mo
0.4 miles
McDonald's
Dining
19,019 visits/mo
0.2 miles
Ocean State Job Lot
Shops & Services
18,310 visits/mo
0.3 miles
Burger King
Dining
13,677 visits/mo
0.2 miles
Tractor Supply Co.
Home Improvements & Furnishings
13,594 visits/mo
0.3 miles
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in Northeast region
Frequently Asked Questions
What type of property is this?
Retail space - First-floor storefront suite with private bathroom and included water in a busy retail area.
Where is this retail space located?
The property is located at 1049 Tiogue Avenue #F Coventry, RI.
What are key features of this property?
This property features: 1,430 SF first‑floor commercial space on busy Tiogue Avenue, surrounded by other retail businesses; Private bathroom included; Water included for low‑usage businesses
