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    639 Main St Coventry, RI 02816

    Sponsored
    For Lease
    $17 SF/Yr ($5,666 /Mo)

    4,000 SF Warehouse, 4 Bays, Excellent Location

    Lot size:
    4,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 4,000-square-foot industrial warehouse is situated on a 0.6-acre lot in Coventry, Rhode Island, at 639 Main St, 02816. Built in 2024, this single-tenant property boasts a prime location, just 10 minutes from I-95, offering easy access to major transportation routes. The building features four 14x14-foot dock-high doors and four drive-in doors, providing ample loading and unloading capabilities. The property is zoned R20 and includes 150 feet of frontage. Utilities are readily available, including water, sewer, gas heat, and three-phase electric. While a bathroom is unfinished, it is ready for completion. This versatile space is ideal for various industrial, distribution, or flex uses, making it a highly attractive investment opportunity. The property's modern construction and convenient location combine to create a highly functional and desirable commercial space. The building's single-tenant occupancy simplifies management and provides a stable income stream. This is a rare opportunity to acquire a newly constructed, well-equipped industrial warehouse in a thriving location. The property's features, combined with its strategic location, make it an excellent choice for businesses seeking efficient and accessible warehouse space. The parcel number is CO 96 20.

    Property Features for 639 Main St

    General Information

    Property type
    Flex space
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    4,000 SF
    Total Rate
    5666.67

    Building Details

    Year Built
    2024
    Buildings
    1

    Unit(s) available at that property

    Space
    Size
    17 SF
    Rate per SF
    $17
    Property Profile Location Intelligence

    Current Use by Public Records

    Flex space

    Suggested Use

    Realty agency Law Firm Restaurant Nail Salon Clothing Store Building Supply Gym & Fitness Auto Repair Shop Kitchen & Bath Wholesale 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
    -71.537304
    Latitude
    41.724813

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    FAQs

    What type of property is this?
    Flex space - 4,000 SF Warehouse, 4 Bays, Excellent Location
    Where is this flex space located?
    The property is located at 639 Main St Coventry, RI.
    What is the lease rate?
    The lease rate is $17 SF/Yr.
    Request Owner's contact information
    639 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
    639 Main St Coventry, RI 02816
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