For Sale
$950,000

149 Main RdMiddletown, RI 02842

High-traffic location, ideal for redevelopment.

Overview

Added:
Feb 3
Days on market:
63
This exceptional 0.87-acre commercial lot, located at 149 W Main Road in Middletown, Rhode Island, presents a unique redevelopment opportunity. The property boasts 131 feet of frontage along West Main Road and extends approximately 290 feet in depth. Previously occupied by a McDonald's restaurant, the site features two existing drive-thru lanes, two curb cuts, and twelve high-intensity pole lamps. The land is cleared, graded, and environmentally clean, ensuring a streamlined development process. Utilities are readily available, including a well and municipal water, municipal sewer, public gas, and three-phase public electric service. The property is zoned OBA (Office/Business - Traffic Sensitive), reflecting its prime location within Middletown's main commercial corridor, near the intersection of state routes 114 and 138. This strategic location places the property in close proximity to a variety of national retail and professional businesses, as well as significant institutions such as the Naval War College, the Community College of Rhode Island (CCRI) Newport Campus, and Newport Grand. The property is offered for sale at $950,000, and a net-net-net (NNN) land lease option is also available. This presents a compelling investment opportunity for developers seeking a high-visibility site in a thriving commercial area.

Property Details for 149 Main Rd

Property type
Lot Size (sq. ft)
37,897 SF

Location Insight

City
Middletown
County
Newport
State
Rhode Island
Latitude
41.50964
Longitude
-71.30139
149 Main Rd, Middletown, Rhode Island

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149 Main Rd
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