808 Tiogue Avenue

Retail-Commercial for Sale
Sale Pending
Also listed as Office
Catylist Listing ID: 30402068
Property Subtypes: Free-Standing Building, Street Retail
Status: Pending
Building Size (RSF): 4,336 SF
Gross Land Area: 0.31 Acres
Sale Price: $495,000
Unit Price: $114.16 PSF
Property Use Type: Vacant/Owner-User
Building Name: 808 Tiogue Avenue
Usable Size (USF): 4,336 SF
Sale Terms: Cash to Seller, Purchase Money Mortgage, Owner Financing
Cap Rate: Undisclosed
Last Updated: 7/13/2019

Overview / Comments

Clean & Bright Two Story Multi Use Professional Building on Tiogue. Consists of 2 floors approx. 2200sf each with individual office suites and wide open space. Can be leased as 4 separate suites, each floor or entire bldg. Very high traffic high visibility location w/ample parking. Gas heat, central ac. All units have private bathrooms, individual systems and lots of windows providing great natural light.
SELLER FINANCING OPTION!

Great location on Tiogue Avenue. Sits prominently in the thick of the busiest retail strip in Coventry. Surrounded by Dunkin Donuts, Stop & Shop, O'Reilly Autoparts, multiple banks and restaurants.

Highlights:
*AMAZING VISIBILTY
*BRIGHT CLEAN SPACE
*CENTRAL AC
*IDEAL FOR NEIGHBORHOOD BUSINESS
*MARQUIS SIGNAGE

Financials

Finance Data Year 2016
Real Estate Taxes - Annual($) $14,879 (Annual)
Tax Value Land $174,000
Tax Value Improvements $402,500
Assessed Value - Total($) $576,500 (Annual)

Additional Details

Nearest MSA: Providence-Warwick
County: Kent
Taxing Authority: Town of Coventry
Tax ID/APN: 0029/37
Retail Clientele: General, Family, Business, Traveler, Tourist, Recreation
Property Visibility: Excellent
Largest Nearby Street: Sandy Bottom Road
Traffic/Vehicle Count: 18,800
Tenancy: Multiple Tenants
Total Number of Buildings: 1
Number of Stories: 2
Property Condition: Good
Year Built: 1988
Year Renovated: 2005
Roof Type: Arched
Construction/Siding: Wood Frame
Total Parking Spaces: 25
Parking Type: Surface
Heat Type: Natural Gas
Heat Source: Central
Air Conditioning: Engineered System
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 5,568 52,148 93,559
Median Age: 46.37 40.9 42.68
Households: 2,389 21,457 38,342

Contact

Photograph of Listing Agent

Jim Conway

Conway Commercial Group
ECCPN Member
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