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Property profile & analytics
OFF-MARKET Estimated value $1,705,000
Showrooms

1341 Main Rd Middletown, RI 02842-6404

15,440 SF 0.77 ac lot Built 1980
Entity Owned 3-yr Hold Absentee Owner Free & Clear
Property ID
US76-0376917
Property summary
AI-generated overview

This exceptional 1,350-square-foot office space is situated on the first floor of Airport Plaza, located at 1341 W Main Rd, Middletown, RI 02842. The property is classified as a single-tenant space offering a versatile blend of traditional and executive office layouts. Ideal for businesses requiring flexibility, this space features a convenient overhead door, making it suitable for various operational needs, including potential light warehouse or retail components. The strategic location on West Main Road provides excellent visibility and accessibility, ensuring convenience for both employees and clients. Ample parking is available for the building's occupants. The adaptable layout allows for customization to suit diverse business requirements. This property presents a unique opportunity for businesses seeking a well-located, versatile, and functional office space in Middletown, Rhode Island. The space is perfect for a variety of businesses seeking a combination of office and potential light industrial or retail space. Its prime location on a major thoroughfare ensures high visibility and easy access. The ample parking further enhances the convenience and appeal of this property.

Property profile
Verified
Property type Showrooms
Use group SHOW ROOM, WAREHOUSE
Year built 1980
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 15,440 SF
Lot 0.77 ac (33,541 SF)
Zoning code GBA
APN MIDD M:0112 B:00 L:5
UPID US76-0376917
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
  • The Kitchen Guy Kitchen & Bath Showroom Furniture & Home Goods
  • Julie Clough-Almeida Physician
  • All Star Division of Extensions School of Dance Training Center
  • Quic Kutz Barber Shop
  • CoinFlip Bitcoin ATM Business To Business Service Commercial Agent
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.12M
Blend (final) Blend
$1.71M
Owner & transaction history
Vp Enterprises LLC · 3 yrs held
Vp Enterprises LLC
since 2022
1 recorded transaction
2022
Price N/A
Zoning & alternative use
GBA · Middletown, RI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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