113 Fenner Ave Fenner Ave Middletown, RI 02842
- Warehouses
Current Use by Public Records
- Warehouses
Property Details for 113 Fenner Ave Fenner Ave
- Year built
- 1890
- Property type
- Warehouses
- Property subtype
- Specialty properties
Description
This exceptional 3.9-acre property, located at 113 Fenner Avenue in Middletown, Rhode Island (zip code 02842), presents a unique investment opportunity. Situated on the Newport/Middletown border, this centrally located parcel boasts a substantial 169,884 square foot lot. The property includes a single, one-story building constructed in 1890. Currently zoned R10, it benefits from a pre-existing, non-conforming use designation permitting a salvage yard, auto repair, and related automotive businesses. This rare find offers significant potential for a variety of commercial ventures, given its size and flexible zoning. The property's versatility allows for diverse uses, including but not limited to auto-related businesses, retail, office space, or even redevelopment. Its strategic location provides easy access to major transportation routes, enhancing its appeal to a wide range of potential buyers. The substantial lot size offers ample space for expansion or future development. This is a truly remarkable opportunity to acquire a large, well-positioned commercial property in a desirable Rhode Island location. The asking price is $3,650,000.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Middletown
- County
- Newport
- State
- Rhode Island
- Longitude
- -71.298
- Latitude
- 41.5041
