120 West Main Road Middletown

$6,500
0 4,670 sq ft

The Property

Fully operating turn key Restaurant and Inn available for lease to a new energetic and excited owner! Eight room inn with views of the bridge and plenty of parking only a 1 mile to downtown Newport. Recently updated with new flooring, furnishings and bathrooms. Fully operating Restaurant with long history of excellent food and drinks with a long list of regulars year round. Central location great for food delivery services, excellent signage on the busiest thoroughfare on Aquidneck Island.

Furnishings, terms, licensing and inventories are all negotiable. Call for more details. ONLY THE RESTAURANT LEASED.

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Listing Details

MLS Number

1280993

Lot Size:

0.27 acres

Features

  • Basement: Full
  • Laundry Room
  • Restrooms
  • Sprinklers
  • Heating: Baseboard, Central Heat, Forced Water, Heat Pump, Zoned
  • Laundry
  • Type: Bar/Tavern/Lounge,Bed and Breakfast,Hotel/Motel,Inn,Other,Restaurant
  • Year Built: 1940

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Market Trends for Commercial Properties
in Middletown

  • Overview
    Homes for Sale Today14-83.3% decrease in inventory
    New on Market *12200% increase in new listings
    Avg. Asking Price/Sq.Ft. *$363.80$54 increase in List Price/Sq.Ft.
    Avg. Sale Price *$937,500$712,500 increase in Avg. Sale Price
    Avg. Sale Price as % of Asking Price *237.34%137.3% increase in Sales to List Price
    Avg. Sale Price/Sq.Ft. *$350.74$141 increase in Sale Price/Sq.Ft.
    Avg. Days on Market of Sold *7986 increase 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 Hogan Associates

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