182 - 188 Arnold RD Coventry, RI 02816

$429,000
182 - 188 Arnold RD, Coventry, RI 02816
1191859

Commercial Property for sale in Coventry, RI

for $429,000. This building was built in 1950.

Property Information

  • $429,000
  • Commercial
  • Taxes are $9,456
  • Commercial
  • Active
  • 2 Floors
  • Built in 1950
  • Coventry, RI
  • Kent County
  • MLS/Web ID is 1191859

 Virtual Tour

Description

Three stand alone structures inclusive of 2 single family residences, and a retail/residential mixed use building that fronts on Arnold Road. The building that was previously occupied by Veterans Marketplace has been completely renovated structurally and cosmetically, with new mechanicals. Although this property is in a R-20 zone, it has the grandfathered right to continue it's most recent use as retail, however can also be used as a professional office. This is an opportunity for a professional office user to occupy the front commercial space, while renting the 3 residential units that bring in a total of $3, 035 per month income. Sewers on Arnold Road are going to be ready for connection in the near future. Residential units are all being rented by well qualified tenants, call for details on how to take advantage of this great opportunity!

Interior 5

Basement

  • Full Basement

Building Amenities

  • Laundry In Each Apartment

Heating System

  • Baseboard

Sewer

  • Available
  • Cesspool
  • Septic System

Water Source

  • Connected

Exterior 7

Construction

  • Frame

Foundation

  • Concrete
  • Stone

Garage

  • Garage(s)

Land Improvements

  • Sidewalks

Parking

  • 1-20 Parking Spaces

Road Frontage

  • Blacktop
  • Other
  • Paved

Separate Utilities

  • Electric Meters

Miscellaneous 7

Commercial

  • Private Restroom

Location

  • Downtown
  • Near Highway
  • Near School
  • Near Shopping
  • Park

Public Transportation Location

  • Close to Bus

Restrictions

  • No Pets
  • Smoking Restricted

Unit Location

  • Corner

Utilities

  • Electric
  • Electric Circuit Breakers
  • Gas
  • Gas Available
  • TV-Cable

View

  • Water View

Rental 2

Landlord Pays

  • Insurance
  • Taxes
  • Trash/Garbage Pickup

Tenant Pays

  • Electric
  • Heating

† Excluded Feature

Listed By

Broker: DEFELICE REALTORS

182 - 188 Arnold RD, Coventry, RI, 02816 is a Commercial Property for sale at $429,000. 182 - 188 Arnold RD has 0.0 baths and was built in 1950. The property's zip code is 02816 which is in Coventry, RI

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or Call us at 1-800-839-1363

Market Pricing

Average % of sale price Median % of sale price
All listings in Coventry $344,121 20 % below $298,500 30 % below
Commerical listings in Coventry $551,300 29 % above $429,000 0 % below

Get the facts about Coventry, RI!

Population 35,575
Population Growth (since 2000) 5 %
Median Income $64,009
Median Age 44.95
Households w/ Children 31 %

Residential Dwellings

  • Owned 11084
  • Vacant 817
  • Rented 2580

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Get an Immediate Callback from 9:00 AM - 10:30 PM EST
or Call us at 1-800-839-1363