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499 Main Road Middletown

$3,250,000
51,401 sq ft

The Property

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!

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Listing Details

MLS Number

1352152

Lot Size:

1.18 acres

Features

  • Garage
  • Restrooms
  • Security
  • Heating: Central Air, Forced Air, Gas Connected
  • Heating Fuel: Central Air, Forced Air, Gas Connected
  • Corner
  • Paved
  • Downtown
  • Year Built: 1930

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Market Trends for Commercial
in Middletown

  • Overview
    Homes for Sale Today1122.2% increase in inventory
    New on Market *2100% increase in new listings
    Avg. Asking Price/Sq.Ft. *$6.72$7 increase in List Price/Sq.Ft.
    Avg. Sale Price *$0$965,000 decrease in Avg. Sale Price
    Avg. Sale Price as % of Asking Price *%-100% decrease in Sales to List Price
    Avg. Sale Price/Sq.Ft. *$0.00$213 decrease in Sale Price/Sq.Ft.
    Avg. Days on Market of Sold *86 decrease in days on market

    * All data is calculated based on the last 30 days

  • Avg. Sale Price
  • Avg. Days on the Market
  • New Market Inventory
  • Lila's Estimate

    Realtors Property Resource

    This is an estimate home valuation provide by RPR. It is based on RPR’s estimate market value and not an appraisal. You can use it as a starting point on the home’s value.

    ...

    Zillow

    This is an estimate home valuation provide by Zillow. It is based on Zillow’s estimate market value and not an appraisal. You can use it as a starting point on the home’s value.

    Real value?

    Contact Us

    Online estimates take you only so far. One of our associates can give you a market analysis of what your homes value.

Listed by Teri Degnan Re & Consulting

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