1152-1154 Main St, Coventry, RI, 02816
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
Somewhat Walkable
Very Limited Transit
Somewhat BikeableSchools
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
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Tsunami
How This Home’s Risks Compare
FEMA Declared Disasters Across Rhode Island Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $3,286 | $39,432 |
| Home Insurance * | $302 | $3,624 |
| Property Taxes | $22 | $264 |
| Electricity | $825 | $9,902 |
| Total | $4,435 | $53,220 |
Income You'd Need if You Spent...
Rhode Island FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-03-09 | Listed for sale | $650,000 |
| 2006-04-07 | Sold | $295,000 |
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