1193 Tiogue Avenue, Coventry, RI 02816

$1,195,000

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List Price
$1,195,000
MLS#
1426223
Status
ACTIVE
Type
Commercial
City
Coventry
County
Kent
Year Built
1980

Property Description

Prime mixed-use commercial opportunity offering approximately 18,500 SF of versatile space with excellent potential for both owner-users and investors. Currently, approximately 53% of the property is leased to established, long-term tenants, providing immediate income and stability while leaving significant room for growth. Suite 3 offers approximately 3,000 SF of highly adaptable space with a kitchenette, private ingress and egress, and excellent street visibility. The layout is well suited for a variety of uses, including medical or professional offices, physical therapy, fitness or martial arts studios, licensed daycare, and other permitted business uses. An additional approximately 5,000 SF of vacant space provides even more flexibility and can be configured as one expansive space or divided into two approximately 2,500 SF suites to accommodate multiple tenants or business needs. With multiple layout possibilities, this property offers an exceptional opportunity to create the ideal configuration for your business or maximize future rental income. Conveniently located just 2.3 miles from I-95 and near Coventry High School, the property offers easy access and strong visibility for employees, clients, customers, and tenants. New roof installed in February 2024. A versatile commercial property with income already in place, substantial available space, and significant potential for future growth.

Additional Information

Cooling
Central Air
Sewer
Public Sewer, Septic Tank
Taxes
$33,535
Community Features
Golf, Highway Access, Marina, Maintenance On-Site, Near Hospital, Near Schools, Pool, Public Transportation, Recreation Area, Shopping, Tennis Court(s), Street Lights

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Listing courtesy of BHHS Commonwealth Real Estate. Contact:

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