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1193 Tiogue Avenue Coventry

$1,679,000
18,500 sq ft

The Property

Introducing a prime mixed-use commercial property spanning 18,500 square feet, strategically positioned for optimal business opportunities. Currently, 53% of this space is leased to longstanding tenants, ensuring stability and reliability. However, an exceptional opportunity awaits in Suite 3, a spacious 3,000 square feet area that boasts a well-equipped kitchenette, private ingress and egress points, and a captivating street view. This unoccupied space is perfectly suited for a wide range of businesses, including medical practices, physical therapy centers, martial arts studios, licensed daycares, gyms, and much more.

Additionally, there is an additional 5,000 square feet of versatile, vacant space, featuring a mix of office configurations. This space can be easily divided into two separate 2,500 square feet offices or used seamlessly as one expansive 5,000 square feet area, providing adaptability to meet your unique business needs. Conveniently situated just 2.3 miles from I-95, this property offers easy access for both local and regional customers. It is also strategically located in proximity to Coventry High School, enhancing its visibility and accessibility within the community. Don’t miss the chance to make this exceptional mixed-use commercial property the new home for your business, with versatile spaces that can accommodate a wide variety of endeavors. New roof as of Feb 2024!

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Listing Details

MLS Number

1346112

Lot Size:

2.50 acres

Features

  • Basement: Full
  • Restrooms
  • Security Lights
  • Sprinklers
  • Bus
  • Commuter Bus
  • Golf
  • Highway Access
  • Hospital
  • Interstate
  • Marina
  • Private School
  • Public School
  • Recreational Facilities
  • Schools
  • Shopping
  • Near Swimming
  • Tennis
  • On-Site Maintenance
  • Heating: Central Air, Central, Forced Air, Heat Pump
  • Heating Fuel: Central Air, Central, Forced Air, Heat Pump
  • Suburban
  • Year Built: 1980

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Market Trends for Commercial
in Coventry

  • Overview
    Homes for Sale Today166.7% increase in inventory
    New on Market *1-80% decrease in new listings
    Avg. Asking Price/Sq.Ft. *$1.59$25 decrease in List Price/Sq.Ft.
    Avg. Sale Price *$0$550,000 decrease in Avg. Sale Price
    Avg. Sale Price as % of Asking Price *%-100% decrease in Sales to List Price
    Avg. Sale Price/Sq.Ft. *$0.00$158 decrease in Sale Price/Sq.Ft.
    Avg. Days on Market of Sold *119 decrease in days on market

    * All data is calculated based on the last 30 days

  • Avg. Sale Price
  • Avg. Days on the Market
  • New Market Inventory
  • Lila's Estimate

    Realtors Property Resource

    This is an estimate home valuation provide by RPR. It is based on RPR’s estimate market value and not an appraisal. You can use it as a starting point on the home’s value.

    ...

    Zillow

    This is an estimate home valuation provide by Zillow. It is based on Zillow’s estimate market value and not an appraisal. You can use it as a starting point on the home’s value.

    Real value?

    Contact Us

    Online estimates take you only so far. One of our associates can give you a market analysis of what your homes value.

Listed by Bhhs Commonwealth Real Estate

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