821 Tiogue Ave - Supermarket FOR SALE


Coventry, RI 02816
$975,000 USD
401-258-8076
821 Tiogue Ave, Coventry, RI for Sale
$975,000 USD
Supermarket - FOR SALE
1/10
null | Request Cap Rate

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821 Tiogue Ave
Coventry, RI 02816


OVERVIEW

Central Retail location with 122ft. frontage on Coventry's main commercial corridor, with 9500 daily traffic exposure. 40 yr. Landmark Tom's Market (now closed) but Property/Equipment for sale. Currently set up as full service food market with freezer/refrigeration rooms, multiple retail coolers, food preparation sections, extensive shelving and storage. Zoned GB - Suitable for current use or conversion to varied Retail, Sales/Service, Professional, Personal Service, etc. Construction: 6850+/-SF concrete block on slab foundation, built 1985, upgraded 2010, including rubber membrane roof. Extensive parking on .55 ac site, Lot repaved 2 yrs. Water/Sewer, 400amp/ 3phase electric, gas forced air heat/AC, with four HVAC units 6yrs old or newer. Single OH door - dock loading.

FOR SALE DETAILS

PRICE

$975,000 USD

PRICE/SF

$142 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY NAME

(former) "TOM'S MARKET"

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Supermarket

ADD'L SUBTYPES

Convenience Store, Freestanding, Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1985

SPRINKLERS

-

PARKING SPACES

40

LAND DETAILS

LAND ACRES

0.55 AC

LAND SF

23,958 SF

ZONING

GB - General Business

APN/PARCEL ID

COVE-000037-000000-000119

ASK ABOUT THIS PROPERTY

Gregory MicallefOlympus Group Real EstateMore Info
401-258-8076

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Gregory MicallefOlympus Group Real EstateMore Info
401-258-8076

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.