499 Main Rd, Middletown, RI 02842
15,000 SF | 100% Leased | Retail Building | Middletown, RI 02842 | $3,750,000 ($250/SF)
For Sale
Active
Asking Price $3,750,000
- Sale Condition
- Build to Suit
- Property Type
-
Retail, Restaurant
- Square Feet
- 15,000 SF
- Price / Square Foot
- $250
Listing Contacts
Teri Degnan
Property Overview
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!
Property Details
- Class
- C
- Year Built/Renovated
- 1930/2020
- Stories
- 3
- Property Subtype
- R&D, Office/Residential
- Lot Size (sq. ft)
- 51,401 SF
Highlights
- Additional Development Opportunities
- Central Location
- Approved for 14 residential units
- Awaiting approvals for 8 additional units to make a total of 22
Nearby Properties
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