Skip To Content

499 Main Road

Middletown, RI 02842
  • $3,250,000
  • STATUS: Active
  • ON SITE: 303 Days
  • MLS #: 1352152
UPDATED: 53 min ago
$3,250,000
  • 0
    BEDS
  • 1.18
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1930
County:
Area:

School Ratings & Info

Description

The Middletown Grange is 1.18 acres of prime commercial property centrally located on the corner of Aquidneck Ave and East Main Road. Currently set up with offices and a restaurant in one building and another 4000 square foot steel accessory building that could have many potential mixed uses. Approvals have been granted for 14 residential one bedroom units in the primary building and the new building is awaiting approvals for an additional 8 residential units of various sizes. Additionally, the property allows for further development. Ample space for a pad site or a drive-through! Take advantage of the changes to the zoning codes and fully maximize this locations potential!

Monthly Payment Calculator



[Rhode Island Statewide MLS] logo

© 2024 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: 2024-12-03T18:37:47.863.
www.onshorerealtors.com/homes/147251108
Print Image

499 Main Road Middletown, RI 02842

  • Price: $3,250,000
  • Status: Active
  • On Site: 303 Days
  • Updated: 53 min ago
  • MLS #: 1352152
0
Beds
0
Baths
0
½ Baths
1.18
Acres
1930
Built
Neighborhood:
Aquidneck/East Main
County:
Newport
Area:
Middletown
Property Description
The Middletown Grange is 1.18 acres of prime commercial property centrally located on the corner of Aquidneck Ave and East Main Road. Currently set up with offices and a restaurant in one building and another 4000 square foot steel accessory building that could have many potential mixed uses. Approvals have been granted for 14 residential one bedroom units in the primary building and the new building is awaiting approvals for an additional 8 residential units of various sizes. Additionally, the property allows for further development. Ample space for a pad site or a drive-through! Take advantage of the changes to the zoning codes and fully maximize this locations potential!
Exterior Features

Construction Materials Frame Other Foundation Details Concrete Perimeter Slab Garage YN Yes Levels Three Or More Lot Features Corner Lot Parking Total 40

Interior Features

Basement None Basement YN No Building Features Public Restrooms Cooling Central Air Cooling YN Yes Furnished Unfurnished Heating Forced Air Gas Heating YN Yes

Property Features

Business Type Barber / Beauty Bed & Breakfast Bar / Tavern / Lounge Construction / Contractor Food & Beverage Restaurant Storage Warehouse Community Features High Traffic Location Electric 200+ Amp Service Circuit Breakers Human Modified YN Yes Land Lease YN No Listing Terms Lease Back New Construction YN Yes Possible Use Commercial Development Mixed Use Office Other Residential Recreational Subdevelopment Property Condition Under Construction Property Sub Type Commercial Road Frontage Type City Street Road Surface Type Concrete Paved Security Features Closed Circuit Camera(s) Fire Alarm Building Security Sewer Connected Structure Type Apartment Office Tax Annual Amount 36465 Tax Assessed Value 1950000 Tax Lot 27 Tax Year 2023 Utilities Electricity Available Natural Gas Connected Municipal Utilities Water Connected Sewer Connected Water Source Connected Public Zoning OBA

[Rhode Island Statewide MLS] logo Listing information © 2024 State-Wide Multiple Listing Service.
Listing provided courtesy of Teri Degnan RE & Consulting: .



[Rhode Island Statewide MLS] logo

© 2024 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: 2024-12-03T18:37:47.863.
 
https://bt-photos.global.ssl.fastly.net/rhodeisland/orig_boomver_2_1352152-2.jpg https://bt-photos.global.ssl.fastly.net/rhodeisland/orig_boomver_2_1352152-2.jpg https://bt-photos.global.ssl.fastly.net/rhodeisland/orig_boomver_2_1352152-2.jpg
Logo
Onshore Realtors
57 Shore Rd, Suite B
Westerly RI, 02891