554 West Main Road

Retail-Commercial for Sale
Catylist Listing ID: 30778919
Property Subtypes: Mixed Use, Street Retail, Other
Building Size (RSF): 4,513 SF
Gross Building Area: See Agent
Sale Price: $1,400,000
Unit Price: $310.21 PSF
Property Use Type: Business
Sale Terms: Sale/Leaseback
Cap Rate: Undisclosed
Last Updated: 12/28/2021

Overview / Comments

Get it while this corner is hot! The development across the street will only improve your investment, or you could move right in and enjoy the visibility and traffic at this major Middletown intersection. Enjoy neighboring retail draw with neighboring Bank Newport, across from Walgreens, Burger King, TD Bank, near Chase Bank, Shaws Marketplace, BJ’s, Christmas Tree Shop, and more.

The two buildings that wrap around the corner are being offered for sale along with a lot for parking behind Hart St. Don’t let this opportunity pass you by in the heart of Middletown’s high traffic retail sector. The three properties are being sold as one package. Not sold separately.

Additional Details

Nearest MSA: Providence-Warwick
County: Newport
Tax ID/APN: MI 107SW 88
Retail Clientele: General
Property Visibility: Good
Feet of Frontage: 100
Traffic/Vehicle Count: 51,000
Year Built: 1940
Total Parking Spaces: 13
Parking Description: On-site
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 10,582 39,379 55,451
Median Age: 39.88 41.03 42.01
Households: 4,585 17,134 23,380

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