Masonry Retail
912 Tiogue Avenue, Coventry, RI 02816
For Sale
$300,000
Commercial/Business, Coventry, RI
Property Size1,738 SF
Lot Size0.37 Acres
Price / SF$172.61
Days on Market97
Property Features for 912 Tiogue Avenue
General Information
Property type
Property subtype
Parking
Lot features
Standard status
Size
Lot size
Utilities
Sewer type
Heating system
Building Details
Year built
Floors in Building
Number of units
Building materials
Listing Agency:
Here Realty
(401) 862-1251
Listed By:
List with Lyon Team
(401) 829-1533
Added: Aug 6
Changed: Oct 22
Last Checked: Nov 10 at 4:06AM
MLS# 1420038
Copyright © 2026 State Wide MLS of Rhode Island, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This masonry retail storefront contains 1,738 square feet and dates to 1948. The property is associated with Classic Signs & T-Shirts, a custom sign and apparel business established more than four decades ago. The business offering includes equipment, inventory, the business name, active accounts, and training, while the building is available separately under MLS #1418422.
Building systems include forced-air heating, and the property is served by public sewer. The asset is located in Coventry, Rhode Island, within Kent County.
Building systems include forced-air heating, and the property is served by public sewer. The asset is located in Coventry, Rhode Island, within Kent County.
Key Highlights
- 1,738‑square‑foot retail storefront
- Masonry construction with 1948 original build year
- Associated with a custom sign and apparel business established more than four decades ago
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$22,467
Cap Rate
7.49%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$449,340
$449.3K
Cap Rate 7%
$320,957
$321.0K
Cap Rate 9%
$249,633
$249.6K
Market Conditions
NOI Build-Up for 1,738 SF
Gross rent
$33.0K $18.96/SF
− Vacancy
−$857 −$0.49/SF
EGI
$32.1K $18.47/SF
− OpEx
−$9.6K −$5.54/SF
NOI
$22.5K $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%
$449,340
Cap Rate 7%
$320,957
Cap Rate 9%
$249,633
Alternative Uses
Best Use
Retail
$321.0K
$280.8K – $374.5K
NOI $22,467 @ 7.0% cap · market cap 7.49%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$435.3K
$380.9K – $507.9K
NOI $30,471 @ 7.0% cap · market cap 10.16%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
489
Businesses Nearby
151k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 47%
Shops & Services 32%
Groceries 20%
Stop & Shop
Groceries
30,530 visits/mo
0.2 miles
McDonald's
Dining
19,019 visits/mo
0.5 miles
Taco Bell
Dining
16,179 visits/mo
0.4 miles
Cumberland Farms
Shops & Services
15,752 visits/mo
0.4 miles
Dunkin' Donuts
Dining
13,175 visits/mo
0.4 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
$317,400
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Average Price Trend$/SF for Storefront properties in Kent County, RI
Properties on Market for Storefront properties in Kent County
Vacancy Rate% for Retail in Northeast region
Similar Off Market Nearby
- Stop & Shop Florist — 900 Tiogue Ave, Coventry, RI 02816
- JIF ~ Jack Iannotti Flowers — 1117 Main St, Coventry, RI 02816
Frequently Asked Questions
What type of property is this?
Storefront property - Retail property associated with an established custom sign and apparel business, supported by public sewer and forced-air heating.
Where is this storefront property located?
The property is located at 912 Tiogue Avenue Coventry, RI.
What is the asking price?
The asking price for this property is $300,000.
What are key features of this property?
This property features: 1,738‑square‑foot retail storefront; Masonry construction with 1948 original build year; Associated with a custom sign and apparel business established more than four decades ago
