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Cleared Land with Utilities
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149 W Main Road, Middletown, RI 02842

Commercial land with utilities in a high-traffic area.

Property SizeContact for details
Days on Market645

Property Features for 149 W Main Road

General Information

Standard status Active
Total Parking Spaces 10
Property subtype Retail, Land
Zoning OBA
Listing Agency: Weichert Realtors-Atlantic Prp
Listed By: Melissa Perdikakis · License #REC.0017259
Source: Crexi
Added: Nov 5, 2024 Changed: Aug 8 Last Checked: Aug 8 at 11:36AM

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

Key Highlights

  • Prime location in the heart of Middletown's main commercial area, near major state routes and surrounded by national retail and professional businesses.
  • Cleared, graded, and environmentally clean site ready for development.
  • 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

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 Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025
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Frequently Asked Questions

What type of property is this?
Commercial land - Commercial land with utilities in a high-traffic area.
Where is this commercial land located?
The property is located at 149 W Main Road 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 and surrounded by national retail and professional businesses.; Cleared, graded, and environmentally clean site ready for development.; Zoned OBA (office/business - traffic sensitive) offering versatile development options.
(401) 269-9168 Call to check price and availability
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