113 Fenner Ave Middletown, RI 02842-1425

Property Details for 113 Fenner Ave

Year built

1890

Construction

FRAME

Lot size

3.90 lot acres

Property size

3,000 SF

Zone code

R10

Property type

Showrooms

APN

MIDD M:0108 B:SE L:79A

APU

MIDDM0108BSEL79A

Description

This exceptional 3.9-acre commercial property, situated at 113 Fenner Avenue in Middletown, Rhode Island, presents a rare investment opportunity. Conveniently located on the Newport/Middletown border, this property boasts a substantial 3,000 square feet of existing building space. Currently zoned R10, it benefits from a pre-existing, legally established "grandfather use" designation for a salvage yard and auto repair facility. This unique zoning allowance offers significant flexibility for potential buyers, allowing for continued operation of the existing business or exploration of alternative commercial ventures within the permitted uses. The expansive acreage provides ample room for expansion, storage, or outdoor operations. The strategic location offers easy access to major transportation routes, ensuring excellent connectivity for both business and commuting purposes. Given the scarcity of large commercial parcels in this desirable area, this property represents a compelling investment opportunity for entrepreneurs and developers seeking a well-positioned site with established usage rights. The asking price is $3,650,000. Serious inquiries are encouraged. This is a truly unique opportunity to acquire a substantial commercial property with significant potential in a highly sought-after location.