Former Nursing Home

Special Purpose for Sale
Catylist Listing ID: 30775444
Property Subtypes: Health Care/Medical
Building Status: Proposed
Building Size (RSF): 6,700 SF
Gross Building Area: See Agent
Sale Price: $800,000
Property Use Type: Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 12/28/2021

Overview / Comments

Please contact the agent for more information about this listing.

Additional Details

Nearest MSA: Providence-Warwick
County: Newport
Tax ID/APN: MI 112 41A
Property Located Between: State Highways East Main Road (rte 138) and West Main Road (rte 114)
Property Visibility: Good
Largest Nearby Street: West Main Road/Rte 114
Feet of Frontage: 72
Airports: Newport State Airpark
Site Description: Historic stone wall with lawn & ample parking lot
Area Description: Bullseye center of Aquidneck Island on bus route
Total Number of Buildings: 1
Number of Stories: 3
Typical SF / Floor: 4,249 SF
Property Condition: Fair
Year Built: 1900
Roof Type: Other
Construction/Siding: Vinyl Siding
Parking Type: Surface
Parking Description: Approximately 35 parking spaces
Sprinklers: Wet
Heat Type: Natural Gas
Heat Source: Baseboard
Interior Description: 16 bedrooms with 13 bathrooms.
Zoning Description: R-20 with restrictions on commercial uses. Affordable housing requires 25% minimum units @ 900 sf each, or 7 units max. Please contact Middletown's Building and Planing Officials fro use information.
Lot Frontage: 172
Lot Depth: 200
Water Service: Municipal
Sewer Type: Municipal
Easements: Utilities

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 5,282 38,219 54,226
Median Age: 41.23 41.55 41.85
Households: 2,314 16,375 22,867

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