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Middletown,RI 02842
Key Details
Property Type Commercial
Sub Type Commercial
Listing Status Active
Purchase Type For Sale
Subdivision Aquidneck/East Main
MLS Listing ID 1352152
Year Built 1930
Annual Tax Amount $36,465
Tax Year 2023
Lot Size 1.180 Acres
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!
Location
State RI
County Newport
Community Aquidneck/East Main
Zoning OBA
Interior
Heating Forced Air,Gas
Cooling Central Air
Exterior
Community Features High Traffic Location
Utilities Available Electricity Available,Natural Gas Connected,Municipal Utilities,Water Connected,Sewer Connected
Building
Lot Description Corner Lot
Building Description Frame,Other, Public Restrooms
Story 3
Foundation Concrete Perimeter,Slab
Sewer Connected
Water Connected,Public
Structure Type Frame,Other
New Construction Yes
Others
Acceptable Financing Lease Back
Listing Terms Lease Back