CCertihomes
1193 Tiogue, Coventry, RI 02816

$1,679,000

0 beds 0 baths Built 1980Active

About this home

Introducing a prime mixed-use commercial property spanning 18, 500 square feet, strategically positioned for optimal business opportunities. Currently, 53% of this space is leased to longstanding tenants, ensuring stability and reliability. However, an exceptional opportunity awaits in Suite 3, a spacious 3, 000 square feet area that boasts a well-equipped kitchenette, private ingress and egress points, and a captivating street view. This unoccupied space is perfectly suited for a wide range of businesses, including medical practices, physical therapy centers, martial arts studios, licensed daycares, gyms, and much more. Additionally, there is an additional 5, 000 square feet of versatile, vacant space, featuring a mix of office configurations. This space can be easily divided into two separate 2, 500 square feet offices or used seamlessly as one expansive 5, 000 square feet area, providing adaptability to meet your unique business needs. Conveniently situated just 2.3 miles from I-95, this property offers easy access for both local and regional customers. It is also strategically located in proximity to Coventry High School, enhancing its visibility and accessibility within the community. Don't miss the chance to make this exceptional mixed-use commercial property the new home for your business, with versatile spaces that can accommodate a wide variety of endeavors. New roof as of Feb 2024!

Affordability — calculate your monthly payment

Adjust your budget to see what's left after housing, utilities and transportation. Numbers below assume a 5% down, 30YrJumbo at 4% APR.

Your estimated payment
$52,776/mo

Real estate (PITI + HOA + PMI)
$19,253
Principal + interest$7,615
Property tax + insurance$11,008
PMI / 2nd mortgage$630
Utilities
$67,834
Heating + cooling$33,764
Internet + TV + phone$140
Water + sewer + garbage$58
Transportation
$141
Car insurance + maintenance$141
Other (entertainment)
$140
$52,776/mo TLC
Budget$53,276/mo
Remaining after TLC$500/mo
Purchase price
$1,679,000
Down payment
$83,950 (5%)
Loan amount
$1,595,050
APR
4%

Quick facts

Type
Commercial Sale
Style
Year built
1980
Lot size
2.5 ac
Stories
2
Heating
Central Air, Central, Forced Air, Heat Pump
Cooling
Central Air
Water
HOA
Annual tax
$30,560
MLS #
1346112
County
Kent

At a glance

Air conditioning
Basement

Home features

Interior
Ceiling Height: 9-12 Ft12-15 Ft
Sewer
Available, Public Sewer, Septic Tank

Lot features

Suburban

Neighborhood — 02816

MetricThis ZIPCountyUSA
Population33,2161,095,423299,088,112
Population Change Since199010.00%9.00%20.00%
Population Density862994
Male16,071529,266147,432,321
Female17,146566,157151,655,844
Never Married6,236266,40463,775,926
Married15,563435,678123,120,365
Separated90343,64212,639,686
Widowed1,88566,66815,467,586
Divorced2,62583,84323,075,029
Number Of House Hold11,968410,399111,826,380
Average House Hold Size2.742.562.60
Medial Age39.3937.2735.46
Median House Hold Income$53,274$47,553$48,276
Average House Hold Income$61,626$61,609$63,629
P C I$22,719$23,965$24,529
M D I$44,836$40,634$41,133
A T H E$50,305$49,940$50,898
S T R7.00%7.00%
W C J79.97%78.02%77.74%
(Zip) Code
2816

Data via Certihomes neighborhood index. Comparisons across this ZIP, county and the United States.

Map & walkability

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RI & State Wide MLS

Listing information last refreshed 10/16/2023. Provided courtesy of the listing office via RI & State Wide MLS. Information deemed reliable but not guaranteed.