Mixed-use property for sale in Coventry offering outstanding potential and flexibility for investors, business owners, and owner-occupants alike. The property consists of one commercial unit and one legally zoned 2-bedroom residential apartment on the second floor, creating an excellent opportunity for both income generation and owner occupancy. The first-floor commercial space is currently operating as a bar and offers versatility for a variety of business uses, while the residential unit provides additional rental income potential. A brand-new septic system, with an installation cost of approximately $80,000, was completed in 2026, providing significant value and peace of mind for future ownership. Ample off-street parking adds convenience for customers, tenants, and visitors. Ideally situated along Tiogue Avenue with easy access to shopping, dining, grocery stores, and everyday amenities. Minutes to Tiogue Lake and nearby recreational areas. Convenient access to Route 3, Route 102, and Interstate 95. Short drive to the Bald Hill Road retail corridor, healthcare facilities, parks, golf courses, and approximately 20-25 minutes to Providence and T.F. Green Airport.
| MLS # | 1414143 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1933 |
| Days On Site | 124 |
| Listing Provided By | Century 21 Limitless | Kyle Seyboth |
| Building(s) | 1 |
|---|---|
| Acreage | 0.26 |
| Lot Features | Free Standing |
|---|---|
| Construction Materials | Frame |
| Sewer | Septic Tank |
|---|---|
| Electric | Circuit Breakers |
| Tax Annual Amount | 5743 |
|---|---|
| Tax Assessed Value | 356900 |
| Tax Lot | 002 |
| Tax Year | 2025 |
| State | RI |
|---|---|
| County | Kent |
| City | Coventry |
| Zip Code | 02816 |
| Area | Kent |
| Listing VS Median (in 02816) | |
Price: $399,900 low | high Med: $489,000 On site: 124 low | high Med: 17 | |
| State | RI |
|---|---|
| County | Kent |
| City | Coventry |
| Zip Code | 02816 |
| Area | Kent |
| Listing VS Median (in 02816) | |
Price: $399,900 low | high Med: $489,000 On site: 124 low | high Med: 17 | |