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149 Main Rd Middletown, RI 02842

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For Sale
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High-visibility site, former restaurant, ideal for redevelopment.

Property Features for 149 Main Rd

General Information

Property type
Restaurants

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Listing Contact
Melissa Perdikakis
Melissa Perdikakis

Listing Agency: Weichert Realtors-Atlantic Prp Listing Agent: Melissa Perdikakis

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Property Insight Report

Overview

This exceptional 37,897 square foot commercial lot, located at 149 W Main Road in Middletown, Rhode Island (zip code 02842), presents a unique redevelopment opportunity. The property boasts a highly desirable location on Middletown's main commercial thoroughfare, near the intersection of state routes 114 and 138. Its strategic position ensures high visibility and accessibility, surrounded by established national retail and professional businesses. The site's proximity to the Naval War College, CCRI Newport Campus, and Newport Grand further enhances its appeal. Previously occupied by a fast-food restaurant, the land is already cleared, graded, and environmentally clean, saving significant time and expense for future development. Key features include 131 feet of frontage, approximately 290 feet of depth, two curb cuts, and twelve high-intensity pole lamps. Utilities are readily available, including a well and municipal water, municipal sewer, public gas, and three-phase public electric service. The property is zoned OBA (office/business - traffic sensitive), offering flexibility for a variety of commercial uses. The site is also available for a net-net-net (NNN) land lease. This is an exceptional opportunity to acquire a prime commercial property in a thriving Rhode Island location.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Commercial real estate

Suggested Use

Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Accounting Firm

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

Location Insight

  • Map
  • Local Demand
City
Middletown
County
Newport
State
Rhode Island
Longitude
-71.301395
Latitude
41.509648

FAQs

What type of property is this?
Restaurant - High-visibility site, former restaurant, ideal for redevelopment.
Where is this restaurant located?
The property is located at 149 Main Rd 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: $950,000 asking price.; 37,897 sq ft lot, Middletown, RI.; High-visibility location on W Main Road, former McDonald's with two drive-thru lanes.
(401) 269-9168 Call to check price and availability
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