Great Commercial building for Sale-Mixed Use. Thriving Coffee shop on first level. Studio Apartment and Commercial Unit on 2nd level. Great Income and Potential.
This property is in a prime location on a busy Main road. Successful TURN-KEY Coffee shop is currently for sale separately -see MLS#1378060.
and current lease which expires 2/1/26 can be negotiated to end earlier for right buyer. This property has plenty of parking and visibility and is great condition.
Cooling:
Central Air, Wall Unit(s)
Permitted Use
Commercial,Retail
Construction
Brick,Frame,Masonry
Utilities
Cable Available,Electricity Available,Natural Gas Connected,Municipal Utilities,Phone Available,Water Connected,Sewer Connected
Amenities:
Highway Access, Near Hospital, Near Schools, Public Transportation, Shopping, High Traffic Location, Street Lights, Sidewalks
599 Tiogue Avenue, Coventry, RI, 02816
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan. Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable -rate mortgages [if applicable], are subject to change without prior notice.
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