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Property profile & analytics

72 E Main Rd Middletown, RI 02842

  • Showrooms
  • 2,236 SF
  • 0.26 lot acres
For Sale
Last Sale
Jan 19, 2021
$106,000
Value Estimations
Cap Rate Potential
Location Intelligence
Property ID
US76-0297947
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • The French Confection / Pastry Shop / Bakery
  • Century 21 Lawrence Associates / Real Estate Agency

Property Details for 72 E Main Rd

Year built
1950
Lot size
0.26 lot acres
Property size
2,236 SF
Zone code
GBA
Property type
Showrooms
APN
MIDD M:0107 B:SE L:53
APU
MIDDM0107BSEL53

Description

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.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

    Method
    Estimation
    Statistic approach
    $135,000
    ML approach
    $125,000

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
Middletown
County
Newport
State
Rhode Island
Longitude
-71.2985
Latitude
41.5177
CBSA code
39300
CBSA name
PROVIDENCE-NEW BEDFORD-FALL RIVER, RI-MA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$9,509
$457,000
$275,600
$732,600
-
$0.00
$0.00
$0.00
More about this property
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