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Cleared Land in Commercial Area
For Sale
$950,000

149 W Main, Middletown, RI 02842

Commercial land with utilities in a high-traffic location.

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

Property Features for 149 W Main

General Information

Standard status Active
Lot size 0.87 Acres
Property subtype Commercial

Taxes and HOA fees

Annual Taxes $7,049
Listing Agency: WEICHERT REALTORS-ATLANTIC PRP
Listed By: MELISSA PERDIKAKIS
Source: Corcoran
Added: Oct 29, 2025 Changed: Aug 8 Last Checked: Aug 8 at 2:32PM

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

Key Highlights

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

Property Analytics

Current Use

Commercial land

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

612
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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - Commercial land with utilities in a high-traffic location.
Where is this commercial land located?
The property is located at 149 W Main 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: Cleared, graded, and environmentally clean site READY FOR DEVELOPMENT.; Prime location in the heart of Middletown's main commercial artery, near major state routes.; Zoned OBA (office/business - traffic sensitive) offering versatile development options.
More about this property
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