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    Property profile & analytics
    OFF-MARKET Estimated value $1,460,000
    Investment properties

    113 Tiogue Ave, Coventry, RI 02816-5279

    13,548 SF 0.73 ac lot Built 1950
    Entity Owned 14-yr Hold
    Property ID
    US76-0066757
    Property summary
    AI-generated overview

    This exceptional 960-square-foot commercial space, located at 113 Tiogue Avenue on the Coventry/West Warwick line, is available for lease starting July 1st. Currently configured as a thriving fitness/yoga studio, this single-tenant property offers a versatile layout ideal for a variety of businesses. The space boasts a main studio area with a durable rubberized floor, perfect for fitness activities or similar uses. In addition to the main studio, the property includes a small office, ample storage space, and an extra room, providing flexibility for various operational needs. The building features a total of 10 parking spaces, ensuring convenient access for clients and staff. Its highly visible location on Tiogue Avenue guarantees high traffic counts, providing excellent exposure for your business. The property is categorized as Retail, Special Purpose, Land, Office, Restaurant, and Industrial, reflecting its adaptability to a range of commercial uses. This is a unique opportunity to establish or relocate your business in a prime location with excellent visibility and convenient amenities. The property is situated on a lot with a size of 0 sq ft. The building itself is a single-building structure with one suite. This space is ready for immediate occupancy and presents a fantastic opportunity for growth.

    Property profile
    Verified
    Property type Investment properties
    Use group OFFICE/RESIDENTIAL (MIXED USE)
    Year built 1950
    Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Total area 13,548 SF
    Lot 0.73 ac (31,799 SF)
    Zoning code 2000
    APN COVE M:32 L:76
    UPID US76-0066757
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Northeast Family Martial Arts Training Center Sports School
    • Jimmy's Junk - Second Hand Store & More Discount Store Waste Management Facility
    • All Phase Heating and Air Conditioning llc HVAC Service General Contractor
    • Rt. 3 Custom Shopping Center & Mall
    • The Collective Tattoo Gallery Tattoo & Piercing Shop
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $1.54M
    Blend (final) Blend
    $1.46M
    Owner & transaction history
    Centreville Savings Bank · 14 yrs held
    Centreville Savings Bank
    since 2011
    5 recorded transactions
    2022
    2021
    2013
    2011
    $600,000
    2009
    Zoning & alternative use
    2000 · Coventry, RI
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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