Property Attributes
- MLS#1351832
- TypeContingent
- CountyNEWPORT
- CityMiddletown
- NeighborhoodCommercial
- Zip02842
- StyleCommercial
- Year Built1944
- Taxes$ 3245
- Price$ 499,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage1252
- Lot Size0.35 Acres
Data Source:
Rhode Island Statewide MLS (RIAR)
Property Description
Incredible opportunity that you don't want to miss! The property is being sold "AS IS". It is situated in a high-traffic area, making it the perfect location for commercial construction and/or residential use. Currently, it's being leased as a residential dwelling, but with its potential for commercial use, this land/property is a must-see for developers. Comparable property next door, 51 Valley Road - MLS 1351831, is a similar opportunity and both lots could be combined for many possibilities!
Price History | |
---|---|
1/31/2024 | Listed $549,000 |
4/16/2024 | 10% - $499,000 |
General Features
Sewer | Connected |
---|---|
Heating | HotWater |
Cooling | None |
Utilities | ElectricityAvailable,NaturalGasAvailable,PhoneAvailable,SewerConnected,UndergroundUtilities |
Possession | Negotiable |
Security Features | FireAlarm |
Year Built | 1944 |
Electric | Item100AmpService |
Stories | 1 |
Levels | One |
Property SubType | Commercial |
Tax Year | 2023 |
Community Features | Golf,NearHospital,NearSchools,PublicTransportation,RecreationArea,Restaurant,Shopping,HighTrafficLocation,StreetLights,Sidewalks |
County | Newport |
New Construction | No |
Property Type | CommercialSale |
HOA / Comm Assn | No |
Attached Garage | No |
Contingency | Inspection Period |
Subdivision Name | Commercial |
Possible Use | Commercial,Development,Industrial,MixedUse,Office,Warehouse |
Garage Y/N | No |
Status | ActiveUnderContract |
City | Middletown |
Buyer Agent Compensation | 2.5 |
View Y/N | No |
Senior Community Y/N | No |
Total Units | 1 |
Lot Size Square Feet | 15246.0 |
Waterfront Y/N | No |
Carport Y/N | No |
Number of Units Leased | 1 |
Street Name | Valley |
Property Attached Y/N | Yes |
Land Lease Y/N | No |
Tax Annual Amount | 3245.85 |
Home Warranty Y/N | No |
Lease Renewal Y/N | No |
Additional Parcels Y/N | No |
Lease Considered Y/N | No |
Rent Control Y/N | No |
Days on Market | 70 |
Standard Status | ActiveUnderContract |
Occupancy Description | Tenant |
Tax Assessed Value | 239000 |
Tax Lot | 93 |
MobileHomeRemainsYN | No |
Interior Features
Basement | Full |
---|---|
Furnished Y/N | Unfurnished |
Total Stories | 1 |
Basement (Y/N) | Yes |
Air Conditioning Y/N | No |
Heating Y/N | Yes |
Fireplace Y/N | No |
Above Grade Finished Area | 1252.0 |
BuyerOfficeEmail | [email protected] |
Street Suffix | Road |
Laundry Features | CommonArea |
Electric On Property Y/N | No |
Exterior Features
Water Source | MultipleMeters,Public |
---|---|
Total Parking | 3.0 |
Lot Size Area | 15246.0 |
Foundation Details | ConcretePerimeter |
Number of Buildings | 1 |
Spa | No |
Building Area Total | 1252.0 |
Lot Size Acres | 0.35 |
Road Surface Type | Asphalt |
Lot Size Units | SquareFeet |
Crops Included Y/N | No |
Open Parking Y/N | No |
Horse Y/N | No |
Irrigation Water Rights Y/N | No |
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