$13,500 120 West Main Road Middletown, RI

MLS: 1280993   Type: Commercial   County: Newport   City: Middletown   Neighborhood: West Main Rd   Zip: 02842   Style: Commercial     Stories: 3   Taxes: $10,727



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Fully operating turn key Restaurant and Inn available for lease to a new energetic and excited owner! Eight room inn with views of the bridge and plenty of parking only a 1 mile to downtown Newport. Recently updated with new flooring, furnishings and bathrooms. Fully operating Restaurant with long history of excellent food and drinks with a long list of regulars year round. Central location great for food delivery services, excellent signage on the busiest thoroughfare on Aquidneck Island. Furnishings, terms, licensing and inventories are all negotiable. Call for more details.

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Price History

4/27/2021 Listed $13,500

Basement Full
Building Features Public Restrooms
Business Type Bed & Breakfast, Bar/Tavern/Lounge, Hotel/Motel, Other, Restaurant
Community Features Highway Access, Near Schools, Public Transportation, Sidewalks, High Traffic Location
Complexname Rhea's B&B
Construction Materials Frame
Cooling Heat Pump, Wall Unit(s)
Electric 3 Phase
Heating Baseboard, Central, Heat Pump, Hot Water, Zoned
Land Lease Y/N No
Levels Three Or More
Listing Agent State License RES.0034174
Lot Size Square Feet 11762
Possible Use Mixed Use
Property Attached Y/N Yes
Property Sub Type Additional Commercial
Property SubType Commercial
Property Type Commercial Sale
Security Features Fire Alarm, Fire Sprinkler System
Sewer Connected
Status Active
Stories 3
Subdivision Name West Main Rd
Terms Lease, Lease Option
Total Units 2
Utilities Cable Available, Electricity Available, Natural Gas Available, Natural Gas Connected, Municipal Utilities, Water Connected, Sewer Connected
Virtual Tour https://tour.RiLiving.com/120-West-Main-RD-Middletown-RI-02842
Zoning R10

Interior Features

Above Grade Finished Area 4670
Air Conditioning Y/N Yes
Heating Y/N Yes
Laundry Features Common Area, Laundry Room
Seatingcapacity 60
Total Baths 0

Exterior Features

Foundation Details Concrete Perimeter
Lot Size Acres 0.27
Lot Size Area 11762
Lot Size Units Square Feet
Number of Buildings 1
Road Frontage Type City Street, State Road
Road Surface Type Asphalt
Total Parking 22
Water Source Connected, Public

Property Schools

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Gallery (26 photos)

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Property vs Zip Code Avg (02842)

Price 13K Avg 637K

Sqr Feet 4,670 Avg 3,334

Cost / Sqr Ft $3 Avg $191

Taxes $10,727 Avg $8,405

Acres 0.270018 Avg 1.44

Visits 25 Avg 9

Days on Site 226 Avg 85

Walkscore® 63 Avg 52

Data Provided by Walkscore ® not using MLS data

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Listing Provided Courtesy Of: Hogan Associates

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Location & Address

Albert Realtors
1050 Reservoir Avenue
Cranston, RI