Active
499 Main Road
Middletown RI, 02842
$3,250,000
Active
Commercial
Built in 1930
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!
1352152
MLSⓇ ID
February 3, 2024
Listed
November 22, 2024
Updated
Map
499 Main Road
Middletown RI, 02842
Interior Features
Total Stories
3
Fireplace
No
Cooling
Yes
Cooling Description
Central Air
Heating
Yes
Heating Description
Forced Air, Gas
Exterior/Building Features
Lot Size
1.18 Acres
Lot Features
Corner Lot
Sewer
Connected
Other Property Details
Taxes
$36,465
Tax Frequency
Annually
Days on Market
275
Garage
Yes
Parking Total
40
View
No
County
Newport
Water Source
Connected, Public
Pool
No
Zoning
OBA
Listing History
Date | Event | Price |
---|---|---|
10/3/2024 | Price change | $3,250,000 -14% |
5/8/2024 | Price change | $3,750,000 -7% |
Courtesy of Teri Degnan RE & Consulting
The data relating to real estate for sale on this web site comes in part from the IDX Program of the State-Wide MLS, Inc. Real estate listings held by brokerage firms other than Compass are marked with the MLS logo and detailed information about them includes the name of the listing brokers. Information deemed reliable but not guaranteed.
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Data last updated 7:32 PM UTC, 11/22/2024.