Price Reduced 10.99%
Price History
$365,000
5/2/2024
$324,900
7/30/2024
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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Listing courtesy of Coldwell Banker Realty Phone: 401-884-8050