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127 Johnnycake Hill Road

Middletown, RI 02842
  • $1,800,000
  • STATUS: Active
  • ON SITE: 12 Days
  • MLS #: 1298934
$1,800,000
  • 0
    BEDS
  • 4.71
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 11,848
    SQFT
  • $152
    $/SQFT
Type:
Commercial
Built:
1980
County:
Area:

School Ratings & Info

Description

Come take a look at the beautiful water view from the executive offices of this large prominent office building located at the crest of the hill in the Aquidneck Corporate Park in Middletown. The property is now offered for sale with a lease-back to current owner, Newport Mental Health, until they find/build their new facility. The offices and common areas are newly renovated with attractive reception area and large conference spaces along with small single offices. A loading dock adds convenience to the building as well as expansive lawn space. This offering contains a large plat of land that has space for an addition along with second floor expansion possibilities. CALLING ALL OFFERS BY 5:00 PM on NOVEMBER 30, 2021. Interested parties are asked to present their highest and best offers with either, or both, of the following options:a) A traditional closing with the property being conveyed vacant.b) A sale / Lease back with the owner, Newport Mental Health, with a five year lease, cancellable by NCMH after the 3rd full year. The proposed rent will be $10,000 a month, NNN.

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© 2021 State-Wide Multiple Listing Service. All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from the Internet Data Exchange (IDX) program of the State-Wide MLS. Real estate listings held by brokerage firms other than Onshore Realtors are marked with the MLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Information is deemed reliable but is not guaranteed accurate by the MLS or Onshore Realtors. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 2021-12-02T23:37:40.343.
www.onshorerealtors.com/homes/123463046
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127 Johnnycake Hill Road Middletown, RI 02842

  • Price: $1,800,000
  • Status: Active
  • On Site: 12 Days
  • MLS #: 1298934
0
Beds
0
Baths
0
½ Baths
4.71
Acres
11,848
SQFT
$152
$/SQFT
1980
Built
Neighborhood:
Middletown Corporate Park
County:
Newport
Area:
Middletown
Property Description
Come take a look at the beautiful water view from the executive offices of this large prominent office building located at the crest of the hill in the Aquidneck Corporate Park in Middletown. The property is now offered for sale with a lease-back to current owner, Newport Mental Health, until they find/build their new facility. The offices and common areas are newly renovated with attractive reception area and large conference spaces along with small single offices. A loading dock adds convenience to the building as well as expansive lawn space. This offering contains a large plat of land that has space for an addition along with second floor expansion possibilities. CALLING ALL OFFERS BY 5:00 PM on NOVEMBER 30, 2021. Interested parties are asked to present their highest and best offers with either, or both, of the following options:a) A traditional closing with the property being conveyed vacant.b) A sale / Lease back with the owner, Newport Mental Health, with a five year lease, cancellable by NCMH after the 3rd full year. The proposed rent will be $10,000 a month, NNN.
Exterior Features

Construction Materials MasonrySteel Foundation Details Slab Frontage Length 851 Levels One Lot Features Corner Lot Parking Total 65

Interior Features

Basement None Basement YN No

Property Features

Business Type Professional/Office Community Features Near HospitalNear SchoolsRecreation AreaShopping Electric 100 Amp Service Land Lease YN No Operating Expense 0 Property Sub Type Commercial Road Frontage Type City Street Sewer ConnectedPublic Sewer Tax Annual Amount 16167 Tax Assessed Value 1127000 Tax Lot 36 Tax Year 2021 Utilities Natural Gas AvailableSewer Connected Water Source Public Zoning Op

Listing information © 2021 State-Wide Multiple Listing Service.
Listing provided courtesy of Kirby Properties, Llc..





© 2021 State-Wide Multiple Listing Service. All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from the Internet Data Exchange (IDX) program of the State-Wide MLS. Real estate listings held by brokerage firms other than Onshore Realtors are marked with the MLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Information is deemed reliable but is not guaranteed accurate by the MLS or Onshore Realtors. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 2021-12-02T23:37:40.343.
 
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Onshore Realtors
57 Shore Rd, Suite B
Westerly RI, 02891