354 Tiogue Ave Tiogue Ave Coventry, RI 02816
Property profile & analytics
Location Intelligence
Current Use by Public Records
- Retail properties & Spaces
Property Details for 354 Tiogue Ave Tiogue Ave
- Year built
- 1933
- Property type
- Retail properties & Spaces
- Property subtype
- Bars & Pubs
Description
This exceptional Coventry, RI property, located at 354 Tiogue Avenue, presents a unique investment opportunity. Priced at $324,900, this mixed-use building boasts 2406 square feet on a large 11,325 square foot lot, offering ample parking. Built in 1933, the property currently houses a well-established bar operating seven days a week, occupying 1522 square feet of the first floor, and includes a covered patio. The second floor, comprising 884 square feet of unfinished space, presents significant potential for expansion, whether as a meeting room, event space, or even a residential apartment. The property's prime location on a busy thoroughfare and its substantial lot size make it ideal for a variety of uses, including restaurants, cigar bars, private clubs, or even a complete transformation into a modern establishment. The possibilities are endless for this well-known, standalone building in a high-traffic area. The property's versatility and established presence make it a compelling investment opportunity in a thriving Rhode Island community. This is a rare chance to acquire a well-positioned property with significant upside potential. The existing bar provides immediate income potential, while the expansive lot and additional floor space offer significant room for expansion and adaptation to suit a wide range of business ventures. The property's location in Coventry, RI, offers easy access to local amenities and a strong customer base.
Value Estimations
based on Realmo’s proprietary methodology
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Coventry
- County
- Kent
- State
- Rhode Island
- Longitude
- -71.5443
- Latitude
- 41.6827
