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Retail/Office Building on Main Road

124 E Main Rd, Middletown, RI 02842

For Lease
$32.18 SF/Yr

Freestanding building suitable for retail or office use.

Space SizeContact for details
Lot Size0.14 Acres
Days on Market660

Property Features for 124 E Main Rd

General Information

Standard status Active
Lot size 0.14 Acres

Taxes and HOA fees

Annual Taxes $4,660
Listing Agency: RE/MAX Profnl. Newport, Inc.
Listed By: Frank OLIVEIRA · License RI #5816
Source: Exprealty
Added: Jan 22, 2025 Changed: Aug 8 Last Checked: Aug 25 at 3:56AM

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 RE/MAX Profnl. Newport, Inc.

Rey
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Investment Insights

Based on property information with market context.

This single-story building is suitable for retail or office use. It features frontage on East Main Road and offers over 1,000 square feet of vacant space, ready for immediate occupancy. The building is situated on a 6,000 square foot corner lot and includes 14 parking spaces. The property is available for rent at $2,800 per month, with the tenant responsible for taxes, insurance, and all utilities.

Key Highlights

  • Vacant and ready for immediate occupancy.
  • High‑visibility frontage on East Main Rd.**
  • 1000+ sq ft of flexible retail or office space.

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

R.i Tobaco & vape ... (Bike/Boat/Book/etc) Store OPAL event studio Hotel & Motel

Suggested Use

Top Pick Law Firm Building Supply Big Box & Wholesale Store Storage Facility Electrical Service HVAC Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type
$4.83 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

740
Businesses Nearby

Demographics for 02842, RI

17,115
Population
8,255
Households
2.1
Avg Household Size
43
Median Age
49%
College-Educated
96%
High-School Grad
12.5 sq mi
ZIP Area
1,369
Density / Sq Mi
$97,650
Median Household Income
$47,307
Median Earnings
$1,906
Median Rent
$536,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Properties on Market for Retail space in Newport County

Jul
Aug
Sep
Oct

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025

Frequently Asked Questions

What type of property is this?
Retail space - Freestanding building suitable for retail or office use.
Where is this retail space located?
The property is located at 124 E Main Rd Middletown, RI.
What is the lease rate?
The lease rate is $32.18 SF/Yr.
What are key features of this property?
This property features: Vacant and ready for immediate occupancy.; High‑visibility frontage on East Main Rd.**; 1000+ sq ft of flexible retail or office space.
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