487 Washington Street Coventry

$750,000
0 sq ft

The Property

This rare opportunity in Coventry, Rhode Island offers not only a thriving auto shop but also a piece of local history, set to celebrate 100 years in business in 2027. The property features four spacious garage stalls, a dedicated office, and a large parking lot to accommodate vehicle storage, all positioned on a highly visible road with steady traffic. Above the shop, a unique second-floor bar and lounge with a full kitchen provides endless potential for private gatherings, employee space, or additional business ventures. With its long-standing reputation and prime location, this property is ideal for anyone looking to invest in both real estate and an established, turn-key business.

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Listing Details

MLS Number

1394789

Lot Size:

0.00 acres

Features

  • Basement: Partial
  • Garage
  • Restrooms
  • Security
  • Highway Access
  • Heating: Forced Water
  • Heating Fuel: Forced Water
  • Downtown
  • Year Built: 1923

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Market Trends for Commercial Properties
in Coventry

  • Overview
    Homes for Sale Today23-77.7% decrease in inventory
    New on Market *3-50% decrease in new listings
    Avg. Asking Price/Sq.Ft. *$0.88$47 decrease in List Price/Sq.Ft.
    Avg. Sale Price *$0$0 increase in Avg. Sale Price
    Avg. Sale Price as % of Asking Price *%100% increase in Sales to List Price
    Avg. Sale Price/Sq.Ft. *$0.00$0 increase in Sale Price/Sq.Ft.
    Avg. Days on Market of Sold *0 increase 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?

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

Listed by Re/Max Impact

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