116 Aquidneck Avenue Middletown, RI 2842
Two adjacent businesses with development potential in Middletown.
Type:Commercial
Property size:
5,500 SFLot size:
0.57 Acres- Added:
- Dec 8, 2025
- Days on Market:
- 141
- Last Refresh:
- Apr 25 at 6:27 am
Property Features for 116 Aquidneck Avenue
General Information
- Standard status
- Active
- Size
- 5,500 SF
- Lot size
- 0.57 Acres
- Property subtype
- Commercial
Building Details
- Year Built
- 1960
Listing agent Mike Sweeney (401) 862-0164
Listing office Gustave White Sotheby's Realty (401) 862-0164
Listing date Dec 8, 2025
Source Liongatere
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of Gustave White Sotheby's Realty
Overview
Middletown Development Opportunity
This offering features two adjacent, fully operational businesses available as a single package, presenting a development opportunity in Middletown. Diego's Cantina, a 5,500 sq. ft. Mexican restaurant and function venue, includes 166 seats and pond-front views. The restaurant is a turnkey operation recognized as a Middletown staple, with west-facing Easton Pond views. The space is suitable for dining, private events, and year-round operations. Next door, Rejects Brewery provides 3,600 sq. ft. of LBA-zoned space suitable for food service, manufacturing, and distribution. Combined, the properties create a .57-acre parcel with potential for future hotel development or mixed-use projects. The properties offer the option to operate two established businesses immediately.
Location Intelligence
Current Use by Public Records
Diego's Barrio Cantina
Restaurant
Location Insight
- Map
- Local Demand
- City
- Middletown
- County
- Newport
- State
- Rhode Island
- Longitude
- -71.2845038
- Latitude
- 41.4926915
Nearby Similar for Sale
FAQs
What type of property is this?
Conventional restaurant - Two adjacent businesses with development potential in Middletown.
Where is this conventional restaurant located?
The property is located at 116 Aquidneck Avenue Middletown, RI.
What is the asking price?
The asking price for this property is $3,999,000.
What are key features of this property?
This property features: Two adjacent, fully operational businesses (Diego's Cantina & Rejects Brewery) offered as a single package.; .57‑acre parcel with potential for hotel development or mixed‑use projects.; Diego's Cantina: Turnkey, 5,500 sq. ft., 166‑seat Mexican restaurant and function venue with pond views.
