Price Reduction - Golf Course
Address
55 Valley Road, Middletown, RI
Price
$ 499,000
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
Property vs Contingent Average in 02842
Price
Taxes
Visits
Year Built
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