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Conventional Restaurant with Parking
For Sale
$1,170,000
Pending

72 E Main Road, Middletown, RI 02842

Commercial/Business,Commercial Sale, Middletown, RI

Property Size2,236 SF
Lot Size0.26 Acres
Days on Market935

Property Features for 72 E Main Road

General Information

Property type Commercial Sale
Property subtype Other
Zoning GBA
Rooms Basement
Parking 14
Interior features Ceiling Height (7 to 9 Ft)
Basement Full
Subdivision Two Mile Corner
Lot features Paved, Sidewalks, Free Standing, Suburban
Standard status Pending
Size 2,236 SF
Lot size 0.26 Acres

Taxes and HOA fees

Tax Year 2023
Tax Annual Amount 7830

Utilities

Sewer type Public Sewer
Heating system Baseboard, Heat Pump (Heating)
Cooling system Wall Unit(s), Window Unit(s), Ductless

Building Details

Year built 1950
Floors in Building 2
Number of units 1
Building materials Frame
Listing Agency: Re/Max Profnl. Newport, Inc. · RE/MAX International
Listed By: Annie Ritterbusch
Added: Feb 6, 2024 Changed: Aug 28 Last Checked: Aug 29 at 9:06PM
MLS# 1352280

Copyright © 2026 State Wide MLS of Rhode Island, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This conventional restaurant property contains 2,236 square feet on a 0.26-acre parcel. The existing bakery/restaurant includes a basement, frame construction, and interior ceiling heights ranging from 7 to 9 feet. Heating is provided by heat pumps and baseboard systems, while cooling includes ductless, wall-mounted, and window units. Public sewer serves the property, which was built in 1950 and is designated GBA zoning.

The property fronts E Main Road in Middletown, across from Shaw's, CVS, Verizon, BJ's, and West Marine. It is also near 2 Mile Corner and is positioned within an active commercial area on Aquidneck Island. On-site parking accommodates 14 vehicles, supporting the current restaurant configuration and daily customer access.

Key Highlights

  • 2,236‑square‑foot conventional restaurant on a 0.26‑acre parcel
  • 14‑car on‑site parking area
  • Existing bakery/restaurant with basement space

Property Analytics

Current Use

The French Confection Bakery Century 21 Lawrence ... Real Estate Agency

Suggested Use

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

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

716
Businesses Nearby
318k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Dining 35% Shops & Services 25% Groceries 10% Superstores 10%
Shaw's Supermarket Groceries
31,561 visits/mo 0.1 miles
BJ's Wholesale Club Superstores
30,640 visits/mo 0.2 miles
Marshalls Apparel
26,733 visits/mo 0.4 miles
McDonald's Dining
23,091 visits/mo 0.4 miles
HomeGoods Home Improvements & Furnishings
16,875 visits/mo 0.4 miles

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
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Existing bakery/restaurant with on-site parking, public sewer, and a flexible commercial layout.
Where is this conventional restaurant located?
The property is located at 72 E Main Road Middletown, RI.
What is the asking price?
The asking price for this property is $1,170,000.
What are key features of this property?
This property features: 2,236‑square‑foot conventional restaurant on a 0.26‑acre parcel; 14‑car on‑site parking area; Existing bakery/restaurant with basement space
More about this property
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