Active

499 Main Road

Middletown RI, 02842

$3,250,000


Active

Commercial

Built in 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!

1352152

MLS ID

February 3, 2024

Listed

November 22, 2024

Updated

Map

499 Main Road
Middletown RI, 02842

Interior Features

Total Stories

3


Fireplace

No


Cooling

Yes


Cooling Description

Central Air


Heating

Yes


Heating Description

Forced Air, Gas

Exterior/Building Features

Lot Size

1.18 Acres


Lot Features

Corner Lot


Sewer

Connected

Other Property Details

Taxes

$36,465


Tax Frequency

Annually


Days on Market

275


Garage

Yes


Parking Total

40


View

No


County

Newport


Water Source

Connected, Public


Pool

No


Zoning

OBA

Listing History

Date

Event

Price

10/3/2024

Price change

$3,250,000

-14%

5/8/2024

Price change

$3,750,000

-7%

 

Courtesy of Teri Degnan RE & Consulting

The data relating to real estate for sale on this web site comes in part from the IDX Program of the State-Wide MLS, Inc. Real estate listings held by brokerage firms other than Coldwell Banker Realty are marked with the MLS logo and detailed information about them includes the name of the listing brokers. Information deemed reliable but not guaranteed.

©2024 State-Wide MLS, Inc. All rights reserved.

Data last updated 7:32 PM UTC, 11/22/2024.

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