Address
354 Tiogue Avenue, Coventry, RI
Price
$ 365,000
Property Attributes
  • MLS#1358191
  • TypeCommercial
  • CountyKENT
  • CityCoventry
  • NeighborhoodLake Tiogue
  • Zip02816
  • StyleCommercial
  • Year Built1933
  • Taxes$ 7139
  • Price$ 365,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage2406
  • Lot Size0.030418 Acres
Data Source:
Rhode Island Statewide MLS (RIAR)
Property Description

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.

Price History
5/2/2024 Listed $365,000

General Features

Sewer Cesspool,Sanitary,StormSewer
Heating Baseboard,HotWater,None
Utilities ElectricityAvailable,NaturalGasAvailable,NaturalGasConnected,MunicipalUtilities,PhoneAvailable,WaterConnected
Possession Negotiable
Security Features FireAlarm,SmokeDetectors
Construction Materials Frame
Year Built 1933
Electric Item100AmpService,CircuitBreakers
Property SubType Commercial
Tax Year 2023
Business Type FoodBeverage,Mixed
Community Features Golf,HighwayAccess,NearHospital,NearSchools,PublicTransportation,RecreationArea,Restaurant,Shopping,TennisCourts,HighTrafficLocation,StreetLights
County Kent
New Construction No
Property Type CommercialSale
HOA / Comm Assn No
Attached Garage No
Subdivision Name Lake Tiogue
Possible Use Commercial,MedicalDental,MixedUse,Office
Garage Y/N No
Building Features PublicRestrooms
Status Active
City Coventry
View Y/N No
Senior Community Y/N No
Total Units 2
Lot Size Square Feet 1325.0
Waterfront Y/N No
Carport Y/N No
Street Name Tiogue
Property Attached Y/N No
Land Lease Y/N No
Tax Annual Amount 7139.52
Home Warranty Y/N No
Lease Renewal Y/N No
Additional Parcels Y/N No
Lease Considered Y/N No
Rent Control Y/N No
Virtual Tour https://tour.RiLiving.com/354-Tiogue-AV-Coventry-RI-02816
Days on Market 10
Standard Status Active
Tax Assessed Value 331300
Tax Lot 29001
MobileHomeRemainsYN No

Interior Features

Basement Full
Basement (Y/N) Yes
Air Conditioning Y/N No
Heating Y/N No
Fireplace Y/N No
Above Grade Finished Area 2406.0
Street Suffix Avenue
Electric On Property Y/N No

Exterior Features

Lot Features CornerLot
Water Source Connected,MultipleMeters,Public
Total Parking 20.0
Lot Size Area 1325.0
Foundation Details ConcretePerimeter
Number of Buildings 1
Spa No
Building Area Total 2406.0
Road Surface Type ChipAndSeal,Concrete
Lot Size Units SquareFeet
Road Frontage Type CityStreet
Crops Included Y/N No
Open Parking Y/N No
Horse Y/N No
Irrigation Water Rights Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 02816

Price
AVG $710K
$370K
Taxes
AVG $11,082
$7,139
Visits
AVG 173
34
Data Provided by Inside Real Estate®
Year Built
AVG 1957
1933

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