Views - Golf Course
Address
1193 Tiogue Avenue, Coventry, RI
Price
$ 1,679,000
Property Attributes
- MLS#1346112
- TypeCommercial
- CountyKENT
- CityCoventry
- Zip02816
- StyleCommercial
- Year Built1980
- Taxes$ 30560
- Price$ 1,679,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage18500
- Lot Size2.5 Acres
Data Source:
Rhode Island Statewide MLS (RIAR)
Property Description
Introducing a prime mixed-use commercial property spanning 18,500 square feet, strategically positioned for optimal business opportunities. Currently, 53% of this space is leased to longstanding tenants, ensuring stability and reliability. However, an exceptional opportunity awaits in Suite 3, a spacious 3,000 square feet area that boasts a well-equipped kitchenette, private ingress and egress points, and a captivating street view. This unoccupied space is perfectly suited for a wide range of businesses, including medical practices, physical therapy centers, martial arts studios, licensed daycares, gyms, and much more. Additionally, there is an additional 5,000 square feet of versatile, vacant space, featuring a mix of office configurations. This space can be easily divided into two separate 2,500 square feet offices or used seamlessly as one expansive 5,000 square feet area, providing adaptability to meet your unique business needs. Conveniently situated just 2.3 miles from I-95, this property offers easy access for both local and regional customers. It is also strategically located in proximity to Coventry High School, enhancing its visibility and accessibility within the community. Don't miss the chance to make this exceptional mixed-use commercial property the new home for your business, with versatile spaces that can accommodate a wide variety of endeavors. New roof as of Feb 2024!
| Price History | |
|---|---|
| 10/16/2023 | Listed $1,550,000 |
General Features
| Sewer | PublicSewer,SepticTank |
|---|---|
| Heating | Central,ForcedAir,HeatPump |
| Cooling | CentralAir |
| Utilities | ElectricityAvailable,FiberOpticAvailable,NaturalGasConnected,MunicipalUtilities,PhoneAvailable,WaterConnected,SewerAvailable |
| Possession | Negotiable |
| Security Features | BuildingSecurity,CarbonMonoxideDetectors,FireAlarm,FireSprinklerSystem,SecurityLights |
| Construction Materials | Brick |
| Year Built | 1980 |
| Electric | Item200AmpService,CircuitBreakers,Item440Volts |
| Stories | 2 |
| Levels | Two |
| Property SubType | Commercial |
| Tax Year | 2023 |
| Business Type | Accounting,Advertising,Church,ChildCare,Dental,HealthServices,Manufacturing,Medical,Mixed,ProfessionalOffice,OfficeSupply,RealEstate,Retail,Storage,Warehouse |
| Community Features | Golf,HighwayAccess,Marina,MaintenanceOnSite,NearHospital,NearSchools,PublicTransportation,RecreationArea,Shopping,TennisCourts,StreetLights |
| Building Name | Benjamin Square |
| County | Kent |
| Insurance Expense | 9950.0 |
| New Construction | No |
| Property Type | CommercialSale |
| Association Amenities | Maintenance |
| HOA / Comm Assn | No |
| Attached Garage | No |
| Possible Use | Automotive,Commercial,Industrial,Investment,MedicalDental,MixedUse,Office,PlaceofWorship,Recreational,Retail,Warehouse |
| Garage Y/N | No |
| Building Features | PublicRestrooms |
| Status | Active |
| City | Coventry |
| Buyer Agent Compensation | 2.25% NET |
| View Y/N | No |
| Senior Community Y/N | No |
| Total Units | 4 |
| Lot Size Square Feet | 108900.0 |
| Waterfront Y/N | No |
| Carport Y/N | No |
| Number of Units Leased | 5 |
| Street Name | Tiogue |
| Property Attached Y/N | Yes |
| Land Lease Y/N | No |
| Tax Annual Amount | 30560.0 |
| Electric Expense | 373.0 |
| Home Warranty Y/N | No |
| Lease Renewal Y/N | Yes |
| Additional Parcels Y/N | No |
| Lease Considered Y/N | Yes |
| Rent Control Y/N | No |
| Virtual Tour | https://tour.RiLiving.com/1193-Tiogue-AV-Coventry-RI-02816--1346112 |
| Days on Market | 176 |
| Structure Type | Office |
| Lease Type | NNN |
| Standard Status | Active |
| Occupancy Description | Tenant |
| Tax Assessed Value | 1418100 |
| Tax Lot | 119 |
| Cap Rate | 3.75 |
| MobileHomeRemainsYN | No |
Interior Features
| Basement | Full |
|---|---|
| Total Stories | 2 |
| Basement (Y/N) | Yes |
| Air Conditioning Y/N | Yes |
| Heating Y/N | Yes |
| Fireplace Y/N | No |
| Above Grade Finished Area | 18500.0 |
| Street Suffix | Avenue |
| Electric On Property Y/N | No |
Exterior Features
| Lot Features | Wetlands |
|---|---|
| Water Source | Public |
| Total Parking | 60.0 |
| Lot Size Area | 108900.0 |
| Foundation Details | ConcretePerimeter |
| Number of Buildings | 1 |
| Spa | No |
| Building Area Total | 18500.0 |
| Lot Size Acres | 2.5 |
| Road Surface Type | Asphalt |
| Lot Size Units | SquareFeet |
| Crops Included Y/N | No |
| Open Parking Y/N | No |
| Horse Y/N | No |
| Irrigation Water Rights Y/N | No |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Commercial Average in 02816
Price
Taxes
Visits
Year Built
Walkscore
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