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487 Washington St 4,840 SF Retail Building Coventry, RI 02816 $1,107,992 CAD ($228.92 CAD/SF)
Executive Summary
Fully operational garage for sale! Family business for over 100 years. Full income statements available. Second floor could be converted or used as is. Owner occupied. Lots of value add!!!
Financial Summary (Actual - 2024) Click Here to Access |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
-
|
-
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2024) Click Here to Access
| Gross Rental Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
4,840 SF
Building Class
C
Year Built
1920
Price
$1,107,992 CAD
Price Per SF
$228.92 CAD
Tenancy
Single
Building Height
2 Stories
Slab To Slab
10’
Building FAR
0.37
Lot Size
0.30 AC
Zoning
2000 - Commercial
Parking
20 Spaces (4.13 Spaces per 1,000 SF Leased)
Amenities
- Bus Line
- Property Manager on Site
- Pylon Sign
- Signage
- Signalized Intersection
Fairly walkable
40/100
Very drivable
80/100
Limited public transit
30/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Number | COVE-000056-000000-000010 | Improvements Assessment | $430,796 CAD (2025) |
| Land Assessment | $220,015 CAD (2025) | Total Assessment | $650,811 CAD (2025) |
Property Taxes
Parcel Number
COVE-000056-000000-000010
Land Assessment
$220,015 CAD (2025)
Improvements Assessment
$430,796 CAD (2025)
Total Assessment
$650,811 CAD (2025)
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487 Washington St
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