Price Reduced 10.99%


Price History

$365,000
5/2/2024

$324,900
7/30/2024


354 Tiogue Avenue, Coventry, RI, 02816

354 Tiogue Avenue, Coventry, RI, 02816

1933

Long time owner says it is time to Retire! Here is a great opportunity to revitalize a long, well-established local bar and update it to a modern DIVE BAR or SPEAK EASY. This building is a great candidate for outstanding repurposing of this building for a restaurant, cigar bar, private club or maybe an ice cream stand, the list of new possibilities is endless. This is a well-known and standalone building, with a busy traffic count. The building has a total square footage of 2406 sq.ft. The first floor is currently the ongoing bar that operates 7 days a year and is 1522 sq. ft and has a covered patio area for outdoor seating that could make a great firepit area or outdoor kitchen. The second floor has a bathroom and large open area that should be used as a meeting or event room or possibly an apartment for added income or the building owner to live in. This unfinished second floor space is 884 square feet. A large corner lot of approximately 11.325 sq. ft serves as ample parking for this building.


Status:

Active

Type:

Commercial

Units:

2

Complex:

Lake Tiogue

Heating:

Baseboard, Hot Water, None

Basement:

Full

Parking:

20-car

Est. Taxes:

$7,140

Assessment

$331,300

Permitted Use

Commercial,Medical/Dental,Mixed Use,Office

Construction

Frame

Utilities

Electricity Available,Natural Gas Available,Natural Gas Connected,Municipal Utilities,Phone Available,Water Connected

Lot Description:

Corner Lot

Amenities:

Golf, Highway Access, Near Hospital, Near Schools, Public Transportation, Recreation Area, Restaurant, Shopping, Tennis Court(s), High Traffic Location, Street Lights

Days on Market:

199

MLS #:

1358191


Community Info

School Info

Walk Score

Mass Transit

Yelp


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