1193 Tiogue Avenue Coventry, RI $ 1,195,000
1193 Tiogue Avenue
$ 1,195,000
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1193 Tiogue Avenue

Coventry, RI, 02816
$ 1,195,000
Bedrooms-- Baths-- Sq 18,500
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Property for Rent in Coventry, RI

for $1,195,000. This 18,500 square foot property was built in 1980 on a lot size of 2.5.

Prime mixed-use commercial opportunity offering approximately 18,500 SF of versatile space with excellent potential for both owner-users and investors. Currently, approximately 53% of the property is leased to established, long-term tenants, providing immediate income and stability while leaving significant room for growth. Suite 3 offers approximately 3,000 SF of highly adaptable space with a kitchenette, private ingress and egress, and excellent street visibility. The layout is well suited for a variety of uses, including medical or professional offices, physical therapy, fitness or martial arts studios, licensed daycare, and other permitted business uses. An additional approximately 5,000 SF of vacant space provides even more flexibility and can be configured as one expansive space or divided into two approximately 2,500 SF suites to accommodate multiple tenants or business needs. With multiple layout possibilities, this property offers an exceptional opportunity to create the ideal configuration for your business or maximize future rental income. Conveniently located just 2.3 miles from I-95 and near Coventry High School, the property offers easy access and strong visibility for employees, clients, customers, and tenants. New roof installed in February 2024. A versatile commercial property with income already in place, substantial available space, and significant potential for future growth.

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Rental Active

Price

$ 1,195,000

Taxes

$ 33,535

Style

Lot Size

2.5

Year Built

1980

Town/City

Coventry

County/Region

Kent

MLS | Web ID

1426223

Features
General
Sewer Public Sewer Septic Tank
Heating Central Forced Air Heat Pump
Cooling Central Air
Utilities Electricity Available Fiber Optic Available Natural Gas Connected Municipal Utilities Phone Available Water Connected Sewer Available
Security Features Building Security Carbon Monoxide Detector(s) Fire Alarm Fire Sprinkler System Security Lights
Construction Materials Brick
Year Built 1980
Electric 200+ Amp Service Circuit Breakers Separate Meters 440 Volts
Stories Count 2
Levels Two
Property Subtype Commercial
Tax Year 2025
Business Type Accounting Advertising Church Child Care Distribution Dental Education/School Furniture Health Services Industrial Institutional Manufacturing Medical Mixed Professional/Office Office Supply Professional Service Real Estate Retail Showroom Sporting Goods
Community Features Golf Highway Access Marina Maintenance On-Site Near Hospital Near Schools Pool Public Transportation Recreation Area Shopping Tennis Court(s) Street Lights
Building Name Benjamin Square
County Kent
Insurance Expense 9950
New Construction false
Property Type Commercial Sale
Subdivision Name Tiogue
Possible Use Automotive Commercial Industrial Investment Medical/Dental Mixed Use Place of Worship Recreational Retail Warehouse Office
Building Features Public Restrooms
Status Active
City Coventry
Number Of Units Total 4
Lot Size Units Square Feet
Lot Size Square Feet 108900
Number of Units Leased 5
Property Attached Y/N true
Land Lease Y/N false
Tax Annual Amount 33535
Electric Expense 373
Lease Renewal Y/N true
Lease Considered Y/N true
Virtual Tour https://tour.RiLiving.com/1193-Tiogue-Avenue-Coventry-RI-02816
Structure Type Office
Lease Type NNN
Standard Status Active
Occupancy Type Tenant
Tax Assessed Value 1483200
Tax Lot 119
Cap Rate 3.75
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Interior
Basement Full
Total Stories 2
Basement (Y/N) true
Air Conditioning Y/N true
Heating Y/N true
Total Baths 0
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Exterior
Lot Features Wetlands
Water Source Public
Total Parking 60
Lot Size Area 108900
Foundation Details Concrete Perimeter
Number of Buildings 1
Building Area Total 18500
Lot Size Acres 2.5
Road Surface Type Asphalt
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* Excluded Features
List By
Bhhs Commonwealth Real Estate

Broker

balofsin@verizon.net

Email

Nearby
0 Elementary School
0 Middle School
Pricing History
DatePricePrice ChangeDescription
10/16/2026$1,195,000 Listed Price

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1193 Tiogue Avenue, Coventry, RI, 02816 is a Property for Rent at $1,195,000 with 18,500 sqft and a lot size of 2.5. 1193 Tiogue Avenue was built in 1980. The property's zip code is 02816 which is in Coventry, RI