Main Rd, Middletown, RI 02842

71.19 Acres of Commercial Land Offered at $25,000,000 USD in Middletown, RI 02842

Asking Price $25,000,000

Property Type
Land
Square Feet
3,101,036 SF

Listing Contacts

David Lawrence

Property Overview

Over 70 acres ready for site development. Situated on Route 114 (West Main Road), directly enroute to downtown Newport, waterfront and historic mansions.
There is a traffic light and planned turnoff lane into Old Farm Commons.
In addition to having wonderful water views of Narragansett Bay and Wanumetonomy Golf Course, in the immediate vicinity there are apartments, offices, VA, and defense contractors. Also in close proximity are US Naval Base Newport and Access Road, Courtyard by Marriott, Stop & Shop, GNC, Barnes & Noble, Michaels, McDonalds, Cardi’s Furniture, BMW of Newport, Travelodge by Wyndham, Aldi, Staples, Home Depot and Newport State Airport.
There will be a walking path leading from the Commons to the abutting buildings.
Also, existing agricultural acreage with walking paths (west of the Golf Course) will be maintained.
This location would bring in not only intentional customers from the Island locale and other areas of Newport County, but walk-in traffic as well.
Various future development conceptual plans are available upon request.

Property Details

Property Subtype
Commercial

Highlights

  • 70+ acres ready for site development
  • Situated on Route 114 with Heavy Traffic
  • Superior water views

All available spaces

Space
Lot 1
Size
3,101,036 SF
Price
$25,000,000

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