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Property profile & analytics

861 Aquidneck Ave Middletown, RI 02842

  • Medical offices
OFF-MARKET
Value Estimations
Cap Rate Potential
Location Intelligence
Property ID
US76-0298006
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

  • Medical offices

Property Details for 861 Aquidneck Ave

Year built
1939
Property type
Medical offices
Property subtype
Residential income homes

Description

This exceptional 18,279 square foot mixed-use property, located at 861 Aquidneck Avenue in Middletown, Rhode Island, presents a unique investment opportunity. Built in 1939, this single-story building sits on a sizable lot and offers versatile potential for a variety of uses, including commercial, medical office, executive office, residential, and even farming, thanks to its Limited Business Zone designation. The property has undergone recent significant upgrades, including a new roof, electrical line and box, a newly installed well water tank and city sewer connection, all-new windows, fresh paint, a modern kitchen, and a modern bathroom, as well as a new hot water boiler. Its prime location on Aquidneck Island provides easy access to Rhode Island's beautiful beaches and vibrant attractions. The property's proximity to Newport's waterfront, historic mansions, breweries, wineries, restaurants, cafes, parks, hiking trails, and downtown Newport adds significant value and appeal. This is an ideal opportunity to combine residential and business ventures in a desirable location. The property is zoned for limited business use, allowing for a blend of residential and commercial activities. While the square footage of the building itself is not specified, the expansive lot size offers ample space for development and expansion. This property is ready for immediate occupancy and offers a rare chance to own a piece of Aquidneck Island's thriving community.


Value Estimations

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Location Insight

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City
Middletown
County
Newport
State
Rhode Island
Longitude
-71.2819224
Latitude
41.5113935
More about this property
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