247 West Main RD Middletown, RI 02842
2,858 SqFt
Open House
Sun Aug 02, 11:00am - 1:00pm
UPDATED:
Key Details
Property Type Commercial
Sub Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 2,858 sqft
Price per Sqft $437
Subdivision Two Mile Corner
MLS Listing ID 1418856
HOA Y/N No
Abv Grd Liv Area 2,858
Year Built 1945
Annual Tax Amount $10,178
Tax Year 2025
Lot Size 0.450 Acres
Acres 0.45
Property Sub-Type Commercial
Property Description
Ideal for year-round rentals, furnished seasonal rentals, or short-term vacation rentals where permitted by local regulations. The prime location, just minutes from Newport, area beaches, shopping, restaurants, marinas, and Naval Station Newport, provides strong rental demand throughout the year.
The property also presents an excellent opportunity for a primary residence with supplemental income or future redevelopment potential, subject to municipal approvals. Rarely do three adjacent properties become available as a single offering, creating possibilities for investors, developers, and owner-occupants alike.
A truly unique opportunity to own a versatile income-producing property on Aquidneck Island with exceptional long-term appreciation potential.
This single-family property is set back from road with a delightful private yard and mature shrubbery . The spacious 2 car garage and plenty of parking add exceptional value. Also being sold separately, please see MLS #1418877 and #1418880.
Location
State RI
County Newport
Community Two Mile Corner
Zoning OBA
Rooms
Basement Full
Interior
Heating Hot Water
Cooling None
Inclusions Fireplace
Furnishings Unfurnished
Laundry Common Area
Exterior
Community Features Golf, Highway Access, Marina, Near Hospital, Near Schools, Other, Pool, Public Transportation, Recreation Area, Restaurant, Shopping, See Remarks, Tennis Court(s), Sidewalks
Utilities Available Cable Available, Electricity Available, Natural Gas Not Available, Municipal Utilities, Water Connected, Sewer Available, Sewer Connected, Water Available
Street Surface None,Paved
Total Parking Spaces 14
Garage Yes
Building
Story 1
Foundation Concrete Perimeter
Sewer Connected, Public Sewer
Water Connected, Public
Level or Stories 1
Structure Type Masonry
New Construction No
Others
Tax ID 247249WESTMAINRDMDLT
Security Features Carbon Monoxide Detector(s),Smoke Detector(s)
Virtual Tour https://tour.RiLiving.com/247-West-Main-Road-Middletown-RI-02842--1418856