Prime Commercial Opportunity on Rt
651 West Main, Middletown, RI 02842
Two adjacent high-visibility parcels on Aquidneck Island's highest-traffic corridor.
Property size:
5,074 SFLot size:
0.56 AcresPrice / SF:
$369/SF- Added:
- Nov 13, 2025
- Days on Market:
- 181
- Last Refresh:
- Mar 16 at 10:59 am
Property Features for 651 West Main
General Information
- Standard status
- Active
- Size
- 5,074 SF
- Lot size
- 0.56 Acres
Building Details
- Year Built
- 1960
Listing agent PAUL TOBAK
Listing office HOGAN ASSOCIATES CHRISTIE'S (401) 845-9500
Listing date Nov 13, 2025
Source Corcoran
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 HOGAN ASSOCIATES CHRISTIE'S
HighLights
- Prime location on Rt 114, Aquidneck Island's highest‑traffic corridor.
- Two adjacent parcels totaling 0.56 acres with 150 ft frontage.
- Includes established, iconic Mexican restaurant (Tito's Cantina) with liquor and victualing licenses.
- Additional retail strip center with 3 tenant spaces generating approximately $45,000 annual gross rent.
- Located directly across from Navy surplus land slated for redevelopment into a new commercial hub.
- Free‑standing 2124 SF restaurant building and 2950 SF retail building.
Overview
This commercial opportunity includes two adjacent parcels situated on Rt 114 in Middletown, RI, located on Aquidneck Island's highest-traffic corridor. The first parcel features Tito's Cantina, a Mexican restaurant established 38 years ago. This parcel includes a free-standing 2124 square foot building on a 12,196 square foot lot. The sale includes all licenses, including liquor and victualing licenses. The second parcel contains a single-story masonry retail strip center totaling 2950 square feet on a 12,197 square foot lot, divided into 3 tenant spaces. All tenants pay separate utilities. The property generates approximately $45,000 in annual gross rent. Together, the parcels comprise 24,393 square feet (0.56 acres) with 150 linear feet of frontage on Rt 114. The property is directly across from Navy surplus land slated for redevelopment, poised to become a new commercial hub on Aquidneck Island. The property is suitable for conventional restaurants, restaurants, strip malls, retail properties, and retail space.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Tito's Cantina
Restaurant
Location Insight
- Map
- Local Demand
- City
- Middletown
- County
- Newport
- State
- Rhode Island
- Longitude
- -71.2990733
- Latitude
- 41.5203309
Nearby Similar for Sale
FAQs
What type of property is this?
Conventional restaurant - Two adjacent high-visibility parcels on Aquidneck Island's highest-traffic corridor.
Where is this conventional restaurant located?
The property is located at 651 West Main Middletown, RI.
What is the asking price?
The asking price for this property is $1,875,000.
What are key features of this property?
This property features: Prime location on Rt 114, Aquidneck Island's highest‑traffic corridor.; Two adjacent parcels totaling 0.56 acres with 150 ft frontage.; Includes established, iconic Mexican restaurant (Tito's Cantina) with liquor and victualing licenses.
