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1152 Main Street

Coventry, RI 02816
  • $699,900
  • STATUS: Active
  • ON SITE: 56 Days
  • MLS #: 1395033
UPDATED: 19 min ago
$699,900
  • 3
    BEDS
  • 0.11
    ACRES
  • 2
    BATHS
  • 2
    1/2 BATHS
  • 4,052
    SQFT
  • $173
    $/SQFT
Type:
Multi-Family
Built:
1840
County:
Area:

School Ratings & Info

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.

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[Rhode Island Statewide MLS] logo

© 2025 State-Wide Multiple Listing Service. All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from the Internet Data Exchange (IDX) program of the State-Wide MLS. Real estate listings held by brokerage firms other than The Lavonne Lopes Group | Keller Williams Coastal are marked with the MLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Information is deemed reliable but is not guaranteed accurate by the MLS or The Lavonne Lopes Group | Keller Williams Coastal. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 2025-11-07T07:37:54.02.
www.lavonnelopes.com/homes/167842087
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1152 Main Street Coventry, RI 02816

  • Price: $699,900
  • Status: Active
  • On Site: 56 Days
  • Updated: 19 min ago
  • MLS #: 1395033
3
Beds
2
Baths
2
½ Baths
0.11
Acres
4,052
SQFT
$173
$/SQFT
1840
Built
County:
Kent
Area:
Coventry
Property 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.
Exterior Features

Construction Materials Vinyl Siding Covered Spaces 0 Door Features Storm Door(s) Exterior Features Deck Foundation Details Combination Garage YN No Lot Features Historic District Parking Features No Garage Parking Total 0 Patio And Porch Features Deck View Water View YN Yes Waterfront Features River Access

Interior Features

Appliances Electric Water Heater Basement Full Interior Entry Unfinished Basement YN Yes Building Features Public Restrooms Cooling Central Air Window Unit(s) Cooling YN Yes Fireplace YN Yes Fireplaces Total 1 Flooring Ceramic Tile Hardwood Vinyl Furnished Unfurnished Heating Baseboard Electric Gas Heating YN Yes Window Features Storm Window(s) Thermal Windows

Property Features

Association Fee 0 Community Features Golf Highway Access Marina Near Hospital Near Schools Other Public Transportation Recreation Area Restaurant Shopping See Remarks Tennis Court(s) Waterfront High Traffic Location Sidewalks Electric 200+ Amp Service Human Modified YN No Inclusions Restaurant equipment to remain in as is condition. Buyer due diligence to confirm function. Land Lease YN No Laundry Features In Unit Lease Considered YN Yes New Construction YN No Operating Expense 11889 Owner Pays Snow Removal Sewer Trash Collection Water Possible Use Multi- Family Mixed Use Residential Property Sub Type Commercial Road Frontage Type City Street Security Features Fire Escape Smoke Detector(s) Varies By Unit Fire Sprinkler System Senior Community YN No Sewer Connected Public Sewer Structure Type Apartment Tax Annual Amount 7461 Tax Assessed Value 335200 Tax Lot 51 Tax Year 2025 Tenant Pays Cable TV Electricity Gas Heat Hot Water Telephone Utilities Electricity Available Natural Gas Available Natural Gas Connected Municipal Utilities Water Connected Sewer Connected Water Source Connected Public

[Rhode Island Statewide MLS] logo Listing information © 2025 State-Wide Multiple Listing Service.
Listing provided courtesy of Keller Williams Coastal: .



[Rhode Island Statewide MLS] logo

© 2025 State-Wide Multiple Listing Service. All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from the Internet Data Exchange (IDX) program of the State-Wide MLS. Real estate listings held by brokerage firms other than The Lavonne Lopes Group | Keller Williams Coastal are marked with the MLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Information is deemed reliable but is not guaranteed accurate by the MLS or The Lavonne Lopes Group | Keller Williams Coastal. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 2025-11-07T07:37:54.02.
 
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The Lavonne Lopes Group | Keller Williams Coastal
501 Centerville Rd. Suite 201
Warwick RI, 02886