Price Reduced 29.90%

$419,900

Pending

Est. Mortgage $2,041/mo *

Quick Pre-Approval

Price History

$599,000
7/18/2024

$549,000
9/2/2024

$529,000
9/14/2024

$419,900
10/6/2024


1152 1154 Main Street, Coventry, RI, 02816

1152 1154 Main Street, Coventry, RI, 02816

1840

Prime Waterfront Restaurant and Apartment Property in Coventry: Property Overview: Nestled along the scenic riverfront, this commercial property offers a restaurant or tavern business with both indoor and outdoor bars and two residential units. Restaurant Features: Can accommodate up to 85 guests, making it ideal for both intimate dinners and larger gatherings. Indoor and Outdoor Bars available to serve guests in various settings, complemented by a spacious deck that provides breathtaking views of the river. This venue is perfect for patrons looking to enjoy a meal or drink with a picturesque backdrop. High traffic location, situated across from Dave's Market and Dunkin, ensuring a steady flow of potential customers. Residential Units: Two updated apartments, offering additional revenue streams or on-site living options. 2nd Floor Apartment: One-bedroom (lock-out) with a walk-in closet. 2nd floor tenant to remain in place. 3rd Floor Apartment: One-bedroom open concept with a contemporary design. 3rd floor to be delivered vacant. Kitchen features butcher block countertops with in-unit washer and dryer for added comfort. Parking space lease agreement w/ business lot across the street for tenants and restaurant clientele. Whether you're an investor or restaurateur, seeking a prime location, this waterfront property offers investment potential in a bustling, high-visibility area in the heart of Coventry. Don't miss out on owning a piece of Coventry's vibrant commercial landscape.


Status:

Pending

Type:

Commercial

Units:

3

Zoning:

04-Combo

Heating:

Forced Air

Cooling:

Central Air

Basement:

Full

Acreage:

0.11

Est. Taxes:

$7,400

Assessment

$357,300

Permitted Use

Multi-Family,Mixed Use

Construction

Frame

Utilities

Natural Gas Available,Natural Gas Connected,Sewer Connected

View Description:

Water

Days on Market:

111

MLS #:

1364026


Community Info

School Info

Walk Score

Mass Transit

Yelp


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