Commercial Property for Sale in Coventry Rhode Island 02816

Listing Summary

6+ acres undeveloped land zoned GB located on the Coventry/West Warwick line. Water and sewer connections run off Washington Street into the lot.

Full Description

This 6.58-acre development opportunity is strategically positioned on the Coventry/West Warwick line, offering a rare combination of immediate cash flow and significant long-term development potential. Zoned for General Business (GB), the site is primed for a variety of commercial or mixed-use projects.

Development & Asset Highlights

• Shovel-Ready Potential: 6+ acres of undeveloped land with existing water and sewer connections already running into the lot from Washington Street.

• Zoning: GB (General Business), allowing for high-impact commercial or professional development in a high-traffic corridor.

• Immediate Income Stream: The package includes a ±0.49-acre adjacent parcel featuring:

  • Residential Units: Five (5) one-bedroom apartments.

  • Commercial Revenue: Garage rentals and an established on-site business.

• Acquisition Flexibility: Available as a comprehensive 6.58-acre package or as individual parcels to suit specific investment strategies.

Location Logistics

• Strategic Placement: Situated on the border of Coventry and West Warwick, capturing two active local markets.

• Utility Access: Direct access to municipal water and sewer, significantly reducing pre-development hurdles.

Investment Snapshot

Complete Details

Listing Location

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