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    1272 Main Rd Middletown, RI 02842

    For Lease
    $22 SF/Yr

    Prime Middletown location, various sizes.

    Lot size:
    967 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    361
    This exceptional commercial office space, situated in the vibrant heart of Middletown, Rhode Island, offers a unique opportunity for businesses seeking a strategic location and functional workspace. Just a short distance from the Naval Undersea Warfare Center (NUWC), this property boasts unparalleled convenience and accessibility. The building features sixteen individual office suites, ranging in size from 109 square feet to 181 square feet, providing flexibility to accommodate various business needs and team sizes. The multiple tenancy structure allows for a diverse range of occupants, fostering a dynamic and collaborative environment. Located on West Main Road, this property benefits from high traffic volume, ensuring significant visibility and exposure to potential clients and customers. The office spaces are ideal for medical practices, creative agencies, or executive offices, catering to a broad spectrum of professional sectors. This is a rare opportunity to secure a prime commercial space in a thriving Newport County location, offering both convenience and high visibility for your business. The individual office suites are ready for immediate occupancy, providing a seamless transition for your operations. Don't miss this chance to establish your business in a highly desirable and accessible location.

    Property Features for 1272 Main Rd

    General Information

    Property type
    Office space
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    967 SF

    Unit(s) available at that property

    Space
    Office 210
    Size
    109 SF
    Rate per SF
    $22
    Space
    Office 215
    Size
    181 SF
    Rate per SF
    $39
    Space
    Office 220
    Size
    150 SF
    Rate per SF
    $40
    Space
    Office 222
    Size
    152 SF
    Rate per SF
    $39
    Space
    Office 224
    Size
    132 SF
    Rate per SF
    $42
    Space
    Office 225
    Size
    112 SF
    Rate per SF
    $42
    Space
    Office 226
    Size
    131 SF
    Rate per SF
    $45

    HighLights

    • 7 spaces available, ranging from 109 sq. ft. to 181 sq. ft.
    • Located in Middletown, RI, near NUWC.
    • Multiple tenancy office building.
    • High traffic location on West Main Road.
    • Suitable for medical, creative, and executive office uses.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Wild Things Outdoor Clothing And Equipment Shop Lifespan Laboratories Medical Laboratory Jennifer Salm, MD Pediatrician Christina Dierolf, MD Pediatrician Kelly Urbanowicz, LMHC Doctor

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Middletown
    County
    Newport
    State
    Rhode Island
    Longitude
    -71.2755422
    Latitude
    41.5173565

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    FAQs

    What type of property is this?
    Office space - Prime Middletown location, various sizes.
    Where is this office space located?
    The property is located at 1272 Main Rd Middletown, RI.
    What is the lease rate?
    The lease rate is $22-$45 SF/Yr.
    What are key features of this property?
    This property features: 7 spaces available, ranging from 109 sq. ft. to 181 sq. ft.; Located in Middletown, RI, near NUWC.; Multiple tenancy office building.
    Request Owner's contact information
    1272 Main Rd Middletown, RI 02842
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1272 Main Rd Middletown, RI 02842
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