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Property profile & analytics
FOR SALE
Showrooms

72 E Main Rd Middletown, RI 02842

2,236 SF 0.26 ac lot Built 1950
Individually Owned 5-yr Hold Free & Clear
Property ID
US76-0297947
Property summary
AI-generated overview

This exceptional two-story retail or restaurant property boasts 11,325 square feet situated on Aquidneck Island's vibrant business center. The single-tenant building offers high visibility and significant foot traffic, benefiting from its location across from major retailers like CVS, Verizon, and West Marine, and its proximity to a busy intersection. The property includes 15 parking spaces, ensuring ample convenience for customers and employees. The zoning is designated as GBA, providing flexibility for various commercial uses. The building's strategic location offers unparalleled access to a dense population and high consumer traffic. This presents a unique opportunity for businesses seeking a prominent presence in a thriving commercial area. The property's size and layout are ideal for a variety of retail or restaurant concepts, offering a substantial space to establish a successful enterprise. With its prime location, ample parking, and high visibility, this property represents a compelling investment opportunity in a dynamic and desirable market. The building's two stories offer versatile space planning options to suit diverse business needs. This is a rare opportunity to secure a well-positioned commercial property in a high-traffic area of Aquidneck Island.

Property profile
Verified
Property type Showrooms
Use group SHOW ROOM, WAREHOUSE
Year built 1950
Total area 2,236 SF
Lot 0.26 ac (11,326 SF)
Zoning code GBA
APN MIDD M:0107 B:SE L:53
UPID US76-0297947
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 French Confection Bakery Specialty Food Shop
  • Century 21 Lawrence Associates Real Estate Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Xavier Mauprivez Ret · 5 yrs held
Xavier Mauprivez Ret
since 2021
Last sale
$106,000
4 recorded transactions
2021
Price N/A
2008
Price N/A
1994
$106,000
1969
Price N/A
Zoning & alternative use
GBA · Middletown, RI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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