67,953 Square Foot Retail Space For Sale @ 446 Tiogue Ave
446 Tiogue Ave, Coventry, RI 02816
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Jeffrey A. B.
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Turnkey Restaurant / Tavern remodeled and totally renovated floor to roof in 2015!
Over $1.8 spent on total project, all new just about everything, very attractive and detailed lakefront decor with 296 capacity, great outside deck area with bar, separate function room. Ship-shaped bar, over 100 beer taps, entertainment area, stained glass skylights, several big screen wall mounted TV's, stereo system. Business was re-opened as Tiogue Taven in October and was trending up with , but was top heavy on debt, low on marketing and reserves heading into holidays, closing in mid-January. Great opportunity to continue with at a fraction of cost and debt service. Literally bring in the food and beverage and be operational! Friendly bank/borrower agreement to sell. One of the nicest restaurant offerings I have seen in my 40 years in the business !
Assessment $862,900, Taxes $22,272.
Listing company: Butler Realty Group
Pricing: Contact for Pricing
Availability: Now
Listing ID: 1047039