Individually Owned 
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Property summary
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
VerifiedCap rate & NOI
Current use
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Bakery Specialty Food Shop
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Real Estate Agency
Location
Value estimations
Owner & transaction history
Zoning & alternative use
This purpose of this district is established to provide areas for most retail, wholesale, and service businesses, serving both local as well as regional markets, Within the GB District, mixed use development projects are…
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Value estimation
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Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Derived from the Middletown market rent, vacancy and expense benchmarks for this use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2024Property description
Physical attributes from public recordsZoning & alternative use
GBA · Middletown, RIThis purpose of this district is established to provide areas for most retail, wholesale, and service businesses, serving both local as well as regional markets, Within the GB District, mixed use development projects are…
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
This purpose of this district is established to provide areas for most retail, wholesale, and service businesses, serving both local as well as regional markets, Within the GB District, mixed use development projects are…
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for GBA in Middletown, RI.
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