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51 Valley Road Middletown, RI $ 495,000
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$ 495,000 Get more info
51 Valley Road
$ 495,000
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51 Valley Road

Middletown, RI, 02842
$ 495,000
Baths0.0 Sq 1,347

Monthly Estimate*

$ 3,458

51 Valley Road, Middletown, RI 02842 - Image 1
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51 Valley Road, Middletown, RI 02842 - Image 3
51 Valley Road, Middletown, RI 02842 - Image 4
51 Valley Road, Middletown, RI 02842 - Image 5
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51 Valley Road, Middletown, RI 02842 - Image 7
51 Valley Road, Middletown, RI 02842 - Image 8
Studio

Commercial Property for sale in Middletown, RI

for $495,000. This 1,347 square foot building was built in 1950 on a lot size of 0.35.

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, 55 Valley Road - MLS 1351832, is a similar opportunity and both lots could be combined for many possibilities!

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Commercial Contingent

Price

$ 495,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 3,504

Style

Commercial

Lot Size

0.35

Year Built

1950

Town/City

Middletown

County/Region

Newport

MLS | Web ID

1351831
Features
General
Sewer Connected Sanitary
Heating HotWater
Cooling None
Utilities ElectricityAvailable NaturalGasAvailable MunicipalUtilities PhoneAvailable WaterConnected SewerConnected UndergroundUtilities
Possession Negotiable
Zoning LBA
Security Features FireAlarm
Year Built 1950
Electric Item100AmpService
Stories 1
Levels One
Property SubType Commercial
Tax Year 2023
Community Features Golf NearHospital NearSchools PublicTransportation RecreationArea Restaurant Shopping Sidewalks StreetLights
County Newport
New Construction N
Property Type CommercialSale
Association Amenities Restaurant
HOA / Comm Assn N
Attached Garage N
Contingency Inspection Period
Subdivision Name Commercial
Possible Use Commercial Development Residential SingleFamily Warehouse
Garage Y/N N
Status ActiveUnderContract
City Middletown
Buyer Agent Compensation 2.5
View Y/N N
Senior Community Y/N N
Total Units 1
Lot Size Square Feet 15246.0
Waterfront Y/N N
Carport Y/N N
Number of Units Leased 1
Street Name Valley
Property Attached Y/N Y
Land Lease Y/N N
Tax Annual Amount 3504.27
Home Warranty Y/N N
Lease Renewal Y/N Y
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Days on Market 70
Standard Status ActiveUnderContract
Occupancy Description Tenant
Tax Assessed Value 259000
Tax Lot 91
Ownership Type Corporation
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Interior
Basement Full
Furnished Y/N Unfurnished
Total Stories 1
Basement (Y/N) Y
Air Conditioning Y/N N
Heating Y/N Y
Fireplace Y/N N
Above Grade Finished Area 1347.0
Street Suffix Road
Laundry Features InUnit LaundryRoom
Electric On Property Y/N N
Total Baths 0
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Exterior
Water Source WaterAssessments Public
Total Parking 2.0
Lot Size Area 15246.0
Foundation Details ConcretePerimeter
Number of Buildings 1
Spa N
Building Area Total 1347.0
Lot Size Acres 0.35
Road Surface Type Asphalt
Lot Size Units SquareFeet
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 51
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* Excluded Features
List By
Lila Delman Compass

Broker

sayles.livingston@liladelman.com

Email

Affordability Calculator

$3,750
Per Month
92%
8%
0%
Monthly Principal & Interest
$3,458
Monthly Property Taxes
$292
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% 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.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
248553 Elementary School
248554 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
4/16/2024$495,000 -9.17% Price Down
2/1/2024$545,000 -0.73% Price Down
1/31/2024$549,000 Listed Price

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51 Valley Road, Middletown, RI, 02842 is a Commercial Property for sale at $495,000 with 1,347 sqft and a lot size of 0.35. 51 Valley Road is a studio with 0.0 baths and was built in 1950. The property's zip code is 02842 which is in Middletown, RI

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