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72 E Main Rd

3,200 SF Retail Building Middletown, RI 02842 $1,170,000 ($366/SF)

Investment Highlights

  • Lucrative business in a highly visible area.
  • Many possible uses at this location. Present French bakery is very successful.
  • Prime commercial property across from major retail strip mall.

Executive Summary

Seize the rare opportunity to own a lucrative business and a commercial property with high visibility, traffic count, and ample 14-car parking, located in the heart of Aquidneck Island's bustling business center! This Prime commercial real estate is across from major retailers such as Shaw's, CVS, Verizon, BJ's, West Marine, and steps from the always busy 2 Mile Corner. Presently this well-established bakery/restaurant, with its warm inviting atmosphere, is ready for a new owner or let your imagination run wild with endless possibilities and many business opportunities for this prime commercial location. Don't miss out on the uniquely strong commercial surroundings and activity this property offers.

Property Facts Under Contract

Sale Type
Investment or Owner User
Sale Condition
Lease Option
Property Type
Retail
Property Subtype
Freestanding
Building Size
3,200 SF
Building Class
C
Year Built
1950
Price
$1,170,000
Price Per SF
$366
Tenancy
Single
Building Height
2 Stories
Building FAR
0.28
Land Acres
0.26 AC
Zoning
Commercial - Allows many retail establishments along with restaurant use.
Parking
5 Spaces (6.71 Spaces per 1,000 SF Leased)
Frontage
75 FT on East Main Road (RT 138).

Amenities

  • Bus Line
  • Fireplace
  • Restaurant
  • Monument Signage
  • Air Conditioning
  • Smoke Detector
Walk Score ®
Very Walkable (75)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

Nearby Major Retailers

Applebee's
D'Angelo
Chase Bank
Shaw's
Starbucks
Citizens Bank
TD Bank
BJ's Wholesale Club
IHOP
Newport Creamery

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
MIDD-000107-S000000E-000053
Land Assessment
$457,000
Improvements Assessment
$275,600
Total Assessment
$732,600
  • Listing ID: 30957722

  • Date on Market: 2/14/2024

  • Last Updated:

  • Address: 72 E Main Rd, Middletown, RI 02842

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