1035 Main StCoventry, RI 02816

This exceptional Coventry, RI property offers a unique investment opportunity. Priced at $499,000, this offering includes two free-standing buildings totaling 2,288 square feet situated on a 19,602 square foot lot – nearly half an acre. The buildings, constructed in 1950, are currently configured as a law office and a music school, but the versatile zoning (VMC) allows for a variety of uses. The property boasts an enviable location at a high-traffic intersection with a dedicated traffic light, ensuring excellent visibility. Its prime location along the Coventry bike path adds to its appeal. Ample parking is available, with room for potential expansion. The property's proximity to Interstate 95 (3 miles), Coventry Shoppers Park, Dunkin', Dave's Market, and the Coventry Recreation Center, Town Hall, and Library (within a half-mile radius) enhances its desirability. This presents a chance to operate a business in one building while generating passive income from the other, or explore the possibility of converting the property back into two single-family homes. The current owners have enjoyed this location for over 50 years, a testament to its enduring value. This is a rare opportunity to acquire a well-positioned, multi-use property in a thriving Rhode Island community. The asking price reflects necessary repairs and updates.