Price Reduced 18.65%
Price History
$3,995,000
2/3/2024
$3,750,000
5/8/2024
$3,250,000
10/3/2024
499 Main Road, Middletown, RI, 02842
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!
Status:
Active
Type:
Commercial
Furnished Remarks:
Unfurnished
Units:
0
Zoning:
OBA
Complex:
Aquidneck/East Main
Heating:
Forced Air, Gas
Cooling:
Central Air
Basement:
None
Parking:
40-car
Acreage:
1.18
Est. Taxes:
$36,465
Assessment
$1,950,000
Permitted Use
Commercial,Development,Mixed Use,Office,Other,Residential,Recreational,Subdevelopment
Construction
Frame,Other
Utilities
Electricity Available,Natural Gas Connected,Municipal Utilities,Water Connected,Sewer Connected
Lot Description:
Corner Lot
Amenities:
High Traffic Location
Days on Market:
275
MLS #:
1352152
Community Info
School Info
Walk Score
Mass Transit
Yelp
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Listing courtesy of Teri Degnan RE & Consulting Phone: 401-619-8222