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    300 Coddington Hwy Middletown, RI 02842

    For Sale
    $395,000

    Modern units, ideal for small businesses.

    Property size:
    1,142 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    308
    This exceptional commercial property, located at 300 Coddington Highway Unit 105 in Middletown, Rhode Island, presents a unique investment opportunity. The property is part of the Coddington Cove Commons complex, a modern business and storage complex designed to cater to the needs of small business owners, craftspeople, marine tradespeople, artists, and general tradespeople. Situated on a generous 3.86-acre lot, this complex offers unparalleled convenience with easy access to key locations. These include the Middletown Corporate and industrial parks, the Newport Pell Bridge, the Newport Marine Industry, and Naval Station Newport, as well as a variety of local businesses. The complex currently features four individual buildings, each offering 14,400 square feet of customizable space. This unit, at 1,142 square feet, offers an open architecture design, providing flexibility for various configurations to suit individual business needs. Key features include a spacious 14 x 14-foot garage door, a separate entry door, and the potential to incorporate a mezzanine level for added space and functionality. This is a prime opportunity to secure a modern, well-located commercial unit in a thriving area. Reserve your unit now and benefit from the flexibility and convenience this property offers. The asking price for this unit is $395,000.

    Property Features for 300 Coddington Hwy

    General Information

    Property type
    Other commercial real estate
    Square Feet
    1,142 SF
    Lot Size
    168,142 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Middletown
    County
    Newport
    State
    Rhode Island
    Longitude
    -71.30705
    Latitude
    41.51891

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    FAQs

    What type of property is this?
    Commercial real estate - Modern units, ideal for small businesses.
    Where is this commercial real estate located?
    The property is located at 300 Coddington Hwy Middletown, RI.
    What is the asking price?
    The asking price for this property is $395,000.
    (401) 680-6588
    Request Owner's contact information
    300 Coddington Hwy Middletown, RI 02842
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    Middletown, RI 02842
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    300 Coddington Hwy Middletown, RI 02842
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