116 Aquidneck Avenue Middletown

$2,200,000
5,544 sq ft

The Property

Exceptional opportunity to acquire a fully operational, turnkey restaurant in a stunning west-facing, Easton’s pond-front setting. Diego’s Cantina is a 5,500-square-foot space offering seating for 166 guests on two levels and is situated on a .31-acre parcel with LBA zoning. Other features include parking for 32, recently renovated exterior, and two west-facing decks. Ideal for full-service dining, private events, and continued success as a well-established, year-round operation.

Sale can be combined with the adjacent parcel (See MLS #1401255).

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Listing Details

MLS Number

1403761

Lot Size:

0.31 acres

Features

  • Hospital
  • Marina
  • Recreational Facilities
  • Restaurants
  • Schools
  • Shopping
  • Near Swimming
  • Heating: Central Air
  • Heating Fuel: Central Air
  • Laundry
  • Paved
  • Sidewalks
  • Downtown
  • Year Built: 1960
  • Water Amenities: Waterfront

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Market Trends for Commercial Properties
in Middletown

  • Overview
    Homes for Sale Today14-84.1% decrease in inventory
    New on Market *4-33.3% decrease in new listings
    Avg. Asking Price/Sq.Ft. *$404.79$37 increase in List Price/Sq.Ft.
    Avg. Sale Price *$425,000$210,000 decrease in Avg. Sale Price
    Avg. Sale Price as % of Asking Price *100.00%-30.8% decrease in Sales to List Price
    Avg. Sale Price/Sq.Ft. *$341.91$17 increase in Sale Price/Sq.Ft.
    Avg. Days on Market of Sold *20189 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 Gustave White Sotheby's Realty

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