Search
Cleared Land with Utilities
For Sale
$950,000

149 W Main Rd, Middletown, RI 02842

Cleared, graded land with utilities in commercial area.

Property SizeContact for details
Lot Size0.87 Acres
Days on Market288

Property Features for 149 W Main Rd

General Information

Standard status Active
Lot size 0.87 Acres

Taxes and HOA fees

Annual Taxes $7,049
Listing Agency: Weichert REALTORS-Atlantic Prp
Listed By: Melissa Perdikakis · License #RES.0041919
Source: Exprealty
Added: Oct 29, 2025 Changed: Aug 8 Last Checked: Aug 8 at 6:02AM

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 Weichert REALTORS-Atlantic Prp

Investment Insights

Based on property information with market context.

This cleared and graded land, formerly a McDonald's site, is available for sale. The property features two drive-thru lanes and measures approximately 131 feet in frontage by 290 feet in depth. It is environmentally clean and includes two curb cuts and 12 hi-intensity pole lamps. Utilities available at the site include well and municipal water, municipal sewer, public gas, and public electric (3-phase). Zoned OBA (office/business - traffic sensitive), the site is also offered for NNN land lease. Situated in the heart of Middletown's main commercial area, the property is near the convergence of state routes 114 and 138. The surrounding area includes national retail and professional businesses, and the site is located close to the Naval War College, CCRI Newport Campus, and Newport Grand. This location is suitable for various business ventures.

Key Highlights

  • Prime location in the heart of Middletown's main commercial area, near major state routes.
  • Cleared, graded, and environmentally clean site ready for development.
  • Zoned OBA (office/business - traffic sensitive) offering versatile usage options.

Property Analytics

Current Use

Drive through restaurants

Suggested Use

Top Pick Law Firm HVAC Service Electrical Service Garden Center Accounting Firm (Bike/Boat/Book/etc) Store

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

Location Intelligence

Trade Area within ½ mile

83
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

Market

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Drive through restaurant - Cleared, graded land with utilities in commercial area.
Where is this drive through restaurant located?
The property is located at 149 W Main Rd Middletown, RI.
What is the asking price?
The asking price for this property is $950,000.
What are key features of this property?
This property features: Prime location in the heart of Middletown's main commercial area, near major state routes.; Cleared, graded, and environmentally clean site ready for development.; Zoned OBA (office/business - traffic sensitive) offering versatile usage options.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message