2300 Nooseneck Hill Road Road, Coventry, RI 02816

$1,350,000

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List Price
$1,350,000
MLS#
1427890
Status
ACTIVE
Type
Commercial
City
Coventry
County
Kent
Year Built
1953

Property Description

Well-known standalone masonry building on 1.10 acres with 475 ft of high-visibility frontage on Nooseneck Hill Rd (Rt. 3). Just minutes from the I-95 interchange. Approx. 18,000 vehicles pass daily, and the property sits near shopping, restaurants, established businesses, and a bus line. Home of S&T True Value Hardware, independently owned and operated in Coventry since 1985. The sale includes the real estate, the business, and the store's inventory; some inventory items are excluded under True Value licensing rules. Seller will consider selling the real estate and the inventory separately. Two buildings totaling 13,712 SF. The main building has a retail sales floor with an attached 2,500 SF warehouse, 9 12 ft ceilings, an 11 14 ft loading door, gas hot-air heat, central air, a fire alarm and sprinkler system, and 100 amp/220 volt electric. It was built in 1953 on a concrete foundation. Building #2 offers a small storefront with a 700 SF one-bedroom apartment above; the storefront is currently occupied by DR Power Sports. The site provides parking for 40 cars, municipal water with a filtration system, septic, and gas in the street. Mixed-use zoning. Well suited for continued hardware retail or for wholesale distribution, contractor supply, warehouse/showroom, automotive, signage, or service businesses.

Additional Information

Cooling
Central Air, Heat Pump
Taxes
$2,025
Community Features
Highway Access, Public Transportation, Restaurant, Shopping, Street Lights

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Listing courtesy of Coldwell Banker Realty. Contact:

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