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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

53 Main Rd Middletown, RI 02842

1,200 SF Built 1985
Property ID
Property summary
AI-generated overview

This exceptional 1,200 square foot commercial storefront property, located at 53 East Main Road in Middletown, Rhode Island (zip code 02842), presents a unique investment opportunity. Situated on a substantial 530,561 square foot lot, this single-unit building, constructed in 1985, offers significant potential for a variety of retail uses. The property's prime location in a high-traffic area ensures excellent visibility and accessibility for customers. While previously occupied by a hair salon, the versatile space is adaptable to suit a range of businesses. The asking price for this property is $25,000. The property itself is being sold, not the business previously located there. Seller financing is available. This is an ideal opportunity for an entrepreneur seeking a well-positioned commercial space in a thriving Rhode Island community. The property's large lot size offers ample room for expansion or future development. This is a rare chance to acquire a well-located commercial property at an attractive price point. Don't miss this chance to own a piece of Middletown's vibrant business landscape.

Property profile
Verified
Property type Retail properties & Spaces
Year built 1985
Total area 1,200 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Jax & Jill's Hair Salon. Hair Salon
  • JAX & JILL'S BARBERING HAIR STUDIO Hair Salon
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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