1152 Main Street, Coventry, Commercial

$ 529,000
1152 Main Street,
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Overview

  • Updated On:
  • September 14, 2024

Description

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.

Address: 1152 Main Street
City:
State/County:
Zip: 02816
Country: US
Open In Google Maps
Property Id : 321069
Price: $ 529,000
Property Lot Size: 0 ft2
Basement: Full
Bridge Modification Timestamp: 2024-09-14T13:33:00.855Z
Building Area Total: 4052
Building Features: Restrooms
Business Type: Bar/Tavern/Lounge,Food & Beverage,Mixed,Tavern/Bar/Nightclub
Construction Materials: Frame
Contract Status Change Date: 2024-07-18
Cooling: Central Air
Door Features: Loading Door
Electric: 200 Amps
Foundation Details: Mixed
Gas: Connected
Heating: Central Air,Forced Air
Inclusions: Restaurant: Furniture, Fixture and Equipment Included - TBD
List Agent Direct Phone: 401-441-0135
List Agent Email: dawn@seybothteam.com
List Agent Full Name: Dawn Tramontano
Listing Contract Date: 2024-07-18
Listing Id: 1364026
Living Area Units: Square Feet
Lot Features: Downtown,Free Standing,Suburban
Lot Size Area: 4791
Lot Size Square Feet: 4791
Lot Size Units: Square Feet
Mls Status: Active
Modification Timestamp: 2024-09-14T13:32:12.887Z
Number Of Buildings: 1
Number of Units in Community: 3
Number of Units Total: 3
Occupant Type: Tenant
Original Entry Timestamp: 2024-07-18T17:59:27.983Z
Original List Price: 599000
Parking Total: 0
Possible Use: Mixed Use,Multi-Family,Mixed Use
Road Surface Type: Concrete
Seating Capacity: 85
Security Features: Carbon Monoxide Detector(s),Fire Alarm,Fire Escape
Sewer: Connected
State or Province: RI
Status Change Timestamp: 2024-07-18T17:59:27.983Z
Stories Total: 3
Street Additional Info: 1154
Street Name: Main
Street Number: 1152
Street Suffix: Street
Structure Type: Multi Family
Tax Annual Amount: 7400
Tax Year: 2023
Utilities: Gas
View: Water
Water Source: Connected
Year Built: 1840
Zoning: 04-Combo
Other Features
Ceiling Height: 7-9 Ft
Has Cooling System
Has Heating System
$ 2,051.04
per month
  • Principal and Interest
  • Property Tax
  • HOA fee
$ 2,051.04

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Alyse Antone Smyth, Esq.