1049 Tiogue Ave Coventry, RI 02816

This exceptional mixed-use property at 1049 Tiogue Avenue in Coventry, Rhode Island, presents a unique investment opportunity. Situated on a substantial 1.87-acre lot (81,457.2 sq ft), this property boasts a total building area of approximately 6,567 square feet, encompassing a variety of uses. The property includes a currently occupied 2,860 square foot commercial space generating a monthly rental income of $2,700. Additionally, there is approximately 3,707 square feet of vacant industrial space available, offering significant potential for expansion or lease. The property features convenient loading dock access, a key advantage for distribution or warehouse operations. Built in 1938, the single building sits on a large lot, providing ample space for future development or expansion. The property is zoned General Business, allowing for a wide range of commercial uses. This versatile property is ideal for investors seeking a blend of income-generating rental space and significant development potential. The two units offer flexibility for various business needs, from retail and office space to industrial and distribution. This is a rare opportunity to acquire a substantial mixed-use property in a desirable location. The property's size, location, and zoning make it an attractive investment for both short-term and long-term growth. The asking price is $625,000.