72 East Main RD, Middletown, RI 02842
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72 East Main RD, Middletown, RI 02842
72 East Main RD, Middletown, RI 02842
72 East Main RD, Middletown, RI 02842
72 East Main RD, Middletown, RI 02842
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Caitlin Pannone

Caitlin Pannone

Engel & Völkers

+1(401) 258-3331
$ 260,000
Est. payment /mo
Price Dropped by $20K

72 East Main RD Middletown, RI 02842

2,236 SqFt


UPDATED:

Key Details

Property Type Commercial

Sub Type Business

Listing Status Active

Purchase Type For Sale

Square Footage 2,236 sqft

Price per Sqft $116

MLS Listing ID 1415073

HOA Y/N No

Abv Grd Liv Area 2,236

Year Built 1950

Annual Tax Amount $9,956

Tax Year 2025

Lot Size 0.260 Acres

Acres 0.26

Property Sub-Type Business

Property Description

This brand-new Chinese/Asian restaurant with an all-new commercial grade stainless steel kitchen and restaurant furniture is ready for a new owner. Turn-Key transfer with full liquor license. There are 42 indoor seatings including 8 seats at the bar and potential some outdoor seating on the front patio area. The restaurant has 2236 Sf on the main floor, 416 Sf on the second floor, and the spacious basement has 995 Sf which gives plenty of space for office and storage. There are approx. 14 parking spots and is conveniently located across from Shaw's market and Starbucks Shopping center on East Main Road in Middletown.
It is a fully operational restaurant, interested parties please contact listing agent for a private tour. Please do not approach employees.
Business & Equipment is for sale at $260000, monthly rent is $5000 NNN. New owner gets a new lease for 5-10 years with option to buy the building. Come own this unique and profitable restaurant and start making money!!

Location

State RI

County Newport

Zoning GBA

Rooms

Basement Partial

Interior

Cooling Ductless

Furnishings Furnished

Exterior

Community Features High Traffic Location, Sidewalks

Utilities Available Electricity Available, Natural Gas Connected, Sewer Connected

Street Surface Asphalt,Concrete,Paved

Total Parking Spaces 14

Building

Story 3

Sewer Connected, Public Sewer

Water Connected, Public

Level or Stories 3

New Construction No

Others

Tax ID 72EASTMAINRDMDLT

Acceptable Financing Lease, Lease Option

Listing Terms Lease, Lease Option

Virtual Tour https://tour.RiLiving.com/72-East-Main-Road-Middletown-RI-02842


Listed by Circle 100 Real Estate

Caitlin Pannone

Caitlin Pannone

Advisor

+1(401) 258-3331

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72 East Main RD