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1152-1154 Main St, Coventry, RI, 02816

3beds
4baths
4,052sqft
$650,000
$160price/sqft
$4,435/moest. monthly cost
$177,400/yrincome needed

About This Home

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.

Getting Around

56
WalkingSomewhat Walkable
0
TransitVery Limited Transit
46
BikeSomewhat Bikeable

Schools

3/10
Hopkins Hill SchoolGrades K-51.2 mi
3/10
Coventry High SchoolGrades 9-121.3 mi

Construction

Condition

  • Year built: 1840

Materials

  • Foundation: Mixed
  • Construction materials: Vinyl Siding

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Appliances

  • Appliances included: Electric Water Heater
  • Laundry features: In Unit

Basement

  • Has basement: Yes
  • Basement: Full,Interior Entry,Unfinished

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 4
  • Full bathrooms: 2
  • 1/2 bathrooms: 2

Features

  • Plumbing (Mixed)
  • Door features: Storm Door(s)
  • Window features: Insulated Windows,Storm Window(s)
  • Flooring: Ceramic Tile,Hardwood,Vinyl
  • Number of fireplaces: 1
  • Fireplace: Yes

Heating & Cooling

  • Heating features: Electric,Natural Gas,Baseboard
  • Cooling features: Central Air,Window Unit(s)

Interior Area

  • Total structure area: 4,052
  • Total interior livable area: 4,052 sqft

Property

Details

  • Parcel number: COVEM45L51
  • Attached to another structure: Yes

Features

  • Stories: 3
  • Patio & porch: Deck
  • Waterfront features: River

Lot

  • Lot size: 4,791 sqft

Parking

  • Parking features: No Garage