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    593 W Main Rd Middletown, RI 02842

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    For Lease
    $30 SF/Yr ($15,000 /Mo)

    Corner retail location with existing restaurant infrastructure and high traffic.

    Property size:
    6,000 SF
    Lot size:
    0.82 Acres

    Property Features for 593 W Main Rd

    General Information

    Size
    6,000 SF
    Lot size
    0.82 Acres

    Source: Hayes & Sherry Agent William F. Greene

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Retail Space with Restaurant Infrastructure

    This 6,000 square foot retail space benefits from a corner location and access to a traffic lighted intersection. Restaurant infrastructure is already in place. The property is situated on the population side of the trade area within a great retail corridor, offering excellent sight-lines and access. Traffic counts are significant, with 26,522 ADT on West Main Road and 19,502 ADT on Route 138/114.
    Insight Report Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Middletown
    County
    Newport
    State
    Rhode Island
    Longitude
    -71.2993344
    Latitude
    41.519144

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    FAQs

    What type of property is this?
    Retail space - Corner retail location with existing restaurant infrastructure and high traffic.
    Where is this retail space located?
    The property is located at 593 W Main Rd Middletown, RI.
    What is the lease rate?
    The lease rate is $30 SF/Yr.
    What are key features of this property?
    This property features: - Corner location with access to a traffic lighted intersection.; - Restaurant infrastructure in place.; - High traffic volume: **26,522 ADT (West Main Road) and 19,502 ADT (Route 138/114).**
    (401) 273-1980
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    593 W Main Rd 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
    593 W Main Rd Middletown, RI 02842
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