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    656 Main St Coventry, RI 02816

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    For Sale
    Contact for pricing

    Mixed-use property featuring retail, residential, and parking spaces.

    Property size:
    2,960 SF
    Lot size:
    0.80 Acres

    Property Features for 656 Main St

    General Information

    Size
    2,960 SF
    Lot size
    0.80 Acres

    Source: Hayes & Sherry Agent Derek Brazeau

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

    Overview

    Mixed-Use Property with Parking

    This mixed-use property at 656 Main St, Coventry, RI, encompasses 2,960 square feet and features a combination of retail and residential spaces, along with a parking area. The retail component includes two restaurants and a barber shop. The residential portion comprises a total of 17 units. Additionally, the property offers a mixed-use office/residential configuration. The land area provides parking with over 50 spaces.
    Insight Report Location Intelligence

    Current Use by Public Records

    HASH NY System Restaurant

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Coventry
    County
    Kent
    State
    Rhode Island
    Longitude
    -71.5352547
    Latitude
    41.724219

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    FAQs

    What type of property is this?
    Mixed-use property - Mixed-use property featuring retail, residential, and parking spaces.
    Where is this mixed-use property located?
    The property is located at 656 Main St Coventry, RI.
    What are key features of this property?
    This property features: - Mixed-use property with both residential and commercial units; - 17 residential units providing steady income; - Retail spaces include **2 restaurants and a barber shop**
    (401) 273-2052
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    656 Main St 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
    656 Main St Coventry, RI 02816
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