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.
For sale
$650,000
1152-1154 Main St, Coventry, RI 02816
3beds
4,052sqft
Multi Family
Built in 1840
-- sqft lot
$622,600 Zestimate®
$160/sqft
$-- HOA
What's special
- 206 days
- 176
- 13
Zillow last checked:
Listing updated:
Listed by:
Michael Brennan 401-632-1742,
Keller Williams Coastal
Source: StateWide MLS RI,MLS#: 1406090
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 4
- Full bathrooms: 2
- 1/2 bathrooms: 2
Heating
- Electric, Natural Gas, Baseboard
Cooling
- Central Air, Window Unit(s)
Appliances
- Included: Electric Water Heater
- Laundry: In Unit
Features
- Plumbing (Mixed)
- Flooring: Ceramic Tile, Hardwood, Vinyl
- Doors: Storm Door(s)
- Windows: Insulated Windows, Storm Window(s)
- Basement: Full,Interior Entry,Unfinished
- Number of fireplaces: 1
Interior area
- Total structure area: 4,052
- Total interior livable area: 4,052 sqft
Video & virtual tour
Property
Parking
- Parking features: No Garage
Features
- Stories: 3
- Patio & porch: Deck
- Waterfront features: River
Lot
- Size: 4,791 Square Feet
Details
- Parcel number: COVEM45L51
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
- Attached to another structure: Yes
Materials
- Vinyl Siding
- Foundation: Mixed
Condition
- New construction: No
- Year built: 1840
Utilities & green energy
- Electric: 200+ Amp Service
- Sewer: Public Sewer
- Water: Municipal
- Utilities for property: Sewer Connected, Water Connected
Community & HOA
Community
- Features: Near Public Transport, Commuter Bus, Golf, Highway Access, Hospital, Interstate, Marina, Private School, Public School, Railroad, Recreational Facilities, Restaurants, Schools, Near Shopping, Near Swimming, Tennis
HOA
- Has HOA: No
Location
- Region: Coventry
Financial & listing details
- Price per square foot: $160/sqft
- Tax assessed value: $335,200
- Annual tax amount: $7,461
- Date on market: 3/9/2026
- Inclusions: Restaurant equipment to remain in as is condition. Buyer due diligence to confirm function.
- Total actual rent: 3195
Estimated market value
$622,600
$591,000 - $654,000
$2,382/mo
Price history
| Date | Event | Price |
|---|---|---|
| 3/9/2026 | Listed for sale | $650,000+120.3%$160/sqft |
Source:  StateWide MLS RI #1406090 Report a problem | ||
| 4/7/2006 | Sold | $295,000$73/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $335,200 |
| 2024 | -- | $335,200 |
| 2023 | -- | $335,200 +17.5% |
| 2022 | -- | $285,300 |
| 2021 | -- | $285,300 |
| 2020 | -- | $285,300 -4.2% |
| 2019 | -- | $297,700 +0% |
| 2018 | -- | $297,600 |
| 2017 | -- | $297,600 -12.1% |
| 2016 | -- | $338,400 |
| 2015 | -- | $338,400 -16.4% |
| 2010 | -- | $404,800 |
| 2009 | -- | $404,800 -7.2% |
| 2008 | -- | $436,100 +13.5% |
| 2007 | -- | $384,260 +68.7% |
| 2006 | $3,404 -21.2% | $227,820 +35.2% |
| 2003 | $4,319 | $168,530 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: 02816
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