499 Main Rd, Middletown, RI

$3,250,000

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1.18

Acres

Rental Terms

  • Furnished: Unfurnished

About 499 Main Rd

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!

Pricing and availability subject to change.

Features of 499 Main Rd

MLS® # 1352152
Price $3,250,000
Acres 1.18
Year Built 1930
Type Commercial Sale
Sub-Type Commercial
Status Active

Community Information

Address 499 Main Rd
Subdivision Aquidneck/East Main
City Middletown
County Newport
State RI
Zip Code 02842

Amenities

Utilities Electricity Available, Municipal Utilities, Natural Gas Connected, Sewer Connected, Water Connected
Features Corner Lot
Parking Spaces 40
Is Waterfront No
Has Pool No

Interior

Heating Forced Air, Gas
Cooling Central Air
# of Stories 3
Stories 3
Has Basement No
Basement None

Exterior

Exterior Frame, Other
Lot Description Corner Lot
Construction Frame, Other
Foundation Concrete Perimeter, Slab

Additional Information

Date Listed February 3rd, 2024
Days on Market 314
Complex Name The Grange
Zoning OBA
Short Sale No
RE / Bank Owned No

Listing Details

OfficeTeri Degnan RE & Consulting

Listing Map

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