120 West Main Road

Middletown, RI
$ 13,500 Beds 0 Baths 0 Sq 4,670 Virtual Tour
Monthly Estimate* How much can I afford?

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.

Commercial

  • Price
  • $ 13,500
  • Lot Size
  • 11,762 SqFt
  • Bedrooms
  • 0
  • Sqr Footage
  • 4,670
  • Full Bathrooms
  • 0
  • Year Built
  • 1940
  • Half Bathrooms
  • 0
  • City, Zip
  • Middletown
  • Taxes
  • $ 10727
  • County
  • NEWPORT
  • Style
  • Commercial
  • Area
  • Middletown
  • MLS#
  • 1280993
  • Zip
  • 02842
Listing Provided by: Hogan Associates
Data Source: Rhode Island Statewide MLS (RIAR) - 18 - RI

Features

General

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
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

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

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$2,869

Per Month

Based on the average sale price from the East Greenwich, RI office

  • Monthly Principal & interest $1,740
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
Adjust Payment Options
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 2.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Schools

Elementary School Unknown Elementary School
Middle School Unknown Middle School
High School Unknown High School

Price History

4/27/2021 Listed $13,500

Property vs Zip Code Average in 02842

Price
AVG $350K
$10K
Taxes
AVG $8,405
$10,727
Visits
AVG 6
20
Year Built
AVG 1968
1940
Walkscore
AVG 49
63
Data Provided by Walkscore ® not using MLS data

Map

120 West Main Road Middletown, RI is a Single Family Home for sale at $13500 with 4670 sqft and a lot size of 11,762 SqFt Acre(s). 120 West Main Road Middletown has 0 bedrooms, 0 baths and was built in 1940. The property's zip code is 02842 which is in Middletown, RI

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 2.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.