170 East Main Road, Middletown

Retail-Commercial for Sale
Catylist Listing ID: 30388577
Property Subtypes: Free-Standing Building, Mixed Use, Street Retail
Building Size (RSF): 1,722 SF
Gross Land Area: 11,326 SF
Sale Price: $639,900
Unit Price: $371.60 PSF
Property Use Type: Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 3/19/2019

Overview / Comments

Impeccable building in high traffic, high visibility location is in excellent condition both structurally and aesthetically. Remodeled in 2016 with a long list of improvements including new roof, newly paved parking lot, front stamped cement patio, new high efficiency gas heating with radiant flooring with durable and beautifully painted 4000 psi concrete and more. Building works well with open layout as it stands or can also easily be divided to service two separate businesses... would work well for physical therapy clinic, salon, office space, florist, exercise studio, medical office, coffee shop, etc.

Additional Details

Nearest MSA: Providence-Warwick
County: Newport
Tax ID/APN: MI 107SE 86
Zoning: GBA
Retail Clientele: General, Business
Property Located Between: West Main Road and Valley Road
Property Visibility: Excellent
Largest Nearby Street: West Main Road
Highway Access: Easy access to Newport Bridge, Rt 24 and I-95
Airports: Newport State Airport, T.F. Green
Site Description: Paved lot with 20 parking spaces including 1 handicapped parking space,
Area Description: Located between West Main Road and Valley Road, this property is across the street from BJ's Wholesale, Dunkin' Donuts, and very close to Shell Gas station, Wendy's and McDonalds as well as Aquidneck Shopping Center
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 1
Property Condition: Excellent
Year Built: 1965
Year Renovated: 2016
Roof Type: Flat
Construction/Siding: Stucco
Total Parking Spaces: 20
Parking Type: Surface
Parking Description: Freshly paved and striped
Heat Type: Natural Gas
Heat Source: Radiant
Interior Description: Open layout
Zoning Description: GBA
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 12,187 39,379 55,451
Median Age: 40.36 41.03 42.01
Households: 5,201 17,134 23,380

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