1152 1154 Main Street,Coventry, RI 02816
Coventry, RI 02816
Description
Prime Riverfront Restaurant/Bar with Two Apartments. Discover this fully renovated waterfront restaurant, bar, and apartment property ideally located across from Dave's Marketplace Plaza in Coventry. Nestled along the scenic riverfront, this versatile property combines a thriving commercial opportunity with steady residential income. Restaurant seats up to 85 guests, perfect for everything from cozy dinners to lively gatherings. Brand new kitchen tile floors and FRP walls, Indoor and outdoor bars, plus a spacious deck overlooking the river for an unforgettable dining experience. High-traffic location, directly across from Dave's Marketplace and Dunkin', ensuring strong visibility and customer flow. Residential Units are modern, updated apartments providing additional revenue or convenient on-site living. Second Floor: Two-bedroom unit with a walk-in closet. Third Floor: One-bedroom unit featuring an in-unit washer and dryer. Both apartments are currently leased and income-producing. Whether you're an investor seeking a high-return property or a restaurateur looking to establish your business in a sought-after location, this Coventry waterfront gem offers unmatched potential in a vibrant, high-visibility area. Potential for adaptive reuse on the first floor commerical space. Don't miss the chance to own this unique investment opportunity.
Details
| MLS # | 1406090 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1840 |
| Days On Site | 212 |
| Listing Provided By | Keller Williams Coastal | Michael Brennan |
Features
| Bed(s) | 3 |
|---|---|
| Bath(s) | 4 Total |
| SQ Feet | 4,052 |
| Basement | Y |
| Story(s) | 3 |
| Units | 3 |
| Building(s) | 1 |
| Acreage | 0.11 |
| Golf Course | Yes |
| Water Front | Yes |
Interior
| Rooms Total | 14 |
|---|---|
| Heating | Electric, Natural Gas, Baseboard |
| Heating Yes / No | Yes |
| Cooling | Central Air, Window Unit(s) |
| Cooling Yes / No | Yes |
| Appliances | Electric Water Heater |
| Interior Features | Plumbing (Mixed) |
| Window Features | Insulated Windows, Storm Window(s) |
| Fireplaces Total | 1 |
| Laundry Features | In Unit |
Exterior
| Exterior Features | Deck |
|---|---|
| Foundation Details | Mixed |
| Patio And Porch Features | Deck |
| Community Features | Bus, Commuter Bus, Golf, Highway Access, Hospital, Interstate, Marina, Private School, Public School, Railroad, Recreational Facilities, Restaurants, Schools, Shopping, Near Swimming, Tennis |
| Construction Materials | Vinyl Siding |
Parking
| Attached Garage Yes / No | No |
|---|---|
| Garage Yes / No | No |
| Parking Features | No Garage |
Utilities
| Utilities | Sewer Connected, Water Connected |
|---|---|
| Sewer | Public Sewer |
| Electric | 200+ Amp Service |
Location
| Community Features | Bus, Commuter Bus, Golf, Highway Access, Hospital, Interstate, Marina, Private School, Public School, Railroad, Recreational Facilities, Restaurants, Schools, Shopping, Near Swimming, Tennis |
|---|
Taxes
| Tax Annual Amount | 7461 |
|---|---|
| Tax Assessed Value | 335200 |
| Tax Lot | 51 |
| Tax Year | 2025 |
Area Information
| State | RI |
|---|---|
| County | Kent |
| City | Coventry |
| Zip Code | 02816 |
| Area | Kent |
| Listing VS Median (in 02816) | |
Price: $650,000 low | high Med: $427,000 sqft: 4,052 low | high Med: 1,294 $ / sqft: $160 low | high Med: $330 On site: 212 low | high Med: 46.5 | |
Market Activity 02816
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Learn More About This Property
| State | RI |
|---|---|
| County | Kent |
| City | Coventry |
| Zip Code | 02816 |
| Area | Kent |
| Listing VS Median (in 02816) | |
Price: $650,000 low | high Med: $427,000 sqft: 4,052 low | high Med: 1,294 $ / sqft: $160 low | high Med: $330 On site: 212 low | high Med: 46.5 | |