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    45 Old Flat River Rd Coventry, RI 02816

    For Sale
    $699,999

    Mill building with development opportunities in Coventry, Rhode Island.

    Property size:
    13,322 SF

    Property Features for 45 Old Flat River Rd

    General Information

    Size
    13,322 SF

    Building Details

    Year built
    1900

    Source: Robert Fox Agent Robert Fox

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Coventry Mill Building For Sale

    This mill building, situated in Coventry, Rhode Island, is available for sale in "as is" condition, presenting opportunities for both end-users and investors. The property, previously utilized for storage, includes a septic system and two-acre pond. Zoned Village Rural Commercial, the area supports a mix of land uses such as retail, service, light industrial, office, and residential. Special development standards aim to preserve the visual, traditional, and historic character of the vicinity. The location offers proximity to local attractions including the Nathanael Greene Homestead, the Coventry Center Historic District, and Rhode Island coastline beaches. The property's setting combines tranquility with potential for business success, enhanced by convenient access to major roadways and a thriving business community. The property size is 13,322 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Warehouses

    Suggested Use

    Restaurant Realty agency Building Supply Spa & Massage Auto Repair Shop Clothing Store Kitchen & Bath Bar & Pub Electrical Service Women's 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
    -71.6351204
    Latitude
    41.7030745

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    FAQs

    What type of property is this?
    Warehouse - Mill building with development opportunities in Coventry, Rhode Island.
    Where is this warehouse located?
    The property is located at 45 Old Flat River Rd Coventry, RI.
    What is the asking price?
    The asking price for this property is $699,999.
    What are key features of this property?
    This property features: - Prime Location in Coventry, Rhode Island: Close to local attractions and major roadways.; - Zoned Village Rural Commercial: Supports a variety of land uses including retail, service, light industrial, office, and residential.; - Opportunity for Investors/End Users: Versatile property suitable for various purposes.
    (401) 479-6233
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    45 Old Flat River Rd 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
    45 Old Flat River Rd Coventry, RI 02816
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