249 West Main Road Middletown, RI $ 499,000
249 West Main Road
$ 499,000
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249 West Main Road

Middletown, RI, 02842
$ 499,000
Bedrooms-- Baths--

Monthly Estimate*

$ 3,151

249 West Main Road, Middletown, RI 02842 - Image 1
249 West Main Road, Middletown, RI 02842 - Image 2
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249 West Main Road, Middletown, RI 02842 - Image 4
249 West Main Road, Middletown, RI 02842 - Image 5
249 West Main Road, Middletown, RI 02842 - Image 6
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249 West Main Road, Middletown, RI 02842 - Image 8
249 West Main Road, Middletown, RI 02842 - Image 9

Commercial Property for sale in Middletown, RI

for $499,000. This building was built in 1949.

Calling all investors! Lots of potential in this 2-unit property. Excellent investment opportunity in the heart of Middletown! This side-by-side duplex features two one-bedroom, one-bath units, making it an ideal property for investors or owner-occupants seeking rental income. Each unit offers a functional layout with private entrances and comfortable living spaces. Perfectly situated on the Newport line, this property offers exceptional convenience to everyday amenities, including grocery stores, department stores, home d cor retailers, and a wide variety of popular restaurants. Just minutes from Newport's vibrant waterfront, historic attractions, and renowned beaches, residents can enjoy the best of Aquidneck Island living. Whether heading to Second Beach, Easton's Beach, downtown Newport, or nearby parks and recreation, everything is within easy reach. With its prime location, strong rental appeal, and proximity to shopping, dining, beaches, and all that Newport has to offer, this duplex presents an outstanding opportunity for both investment and owner. Also being sold as a package with 247 West Main Road MLS #1418856.

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Commercial Active

Price

$ 499,000

Property Type

Commercial

Taxes

$ 4,400

Style

Year Built

1949

Town/City

Middletown

County/Region

Newport

MLS | Web ID

1418880

Features
General
Sewer Connected
Heating Hot Water
Cooling None
Utilities Cable Available Electricity Available Natural Gas Not Available Municipal Utilities Water Connected Sewer Available Sewer Connected Water Available
Possession Negotiable
Zoning OBA
Security Features Carbon Monoxide Detector(s) Smoke Detector(s)
Construction Materials Masonry
Year Built 1949
Electric 100 Amp Service Separate Meters
Stories Count 1
Levels One
Property Subtype Commercial
Tax Year 2025
Business Type Barber/Beauty Professional/Office Professional Service Real Estate
Community Features Golf Highway Access Marina Near Hospital Near Schools Other Pool Public Transportation Recreation Area Restaurant Shopping See Remarks Tennis Court(s) Sidewalks
County Newport
New Construction false
Property Type Commercial Sale
Subdivision Name Two Mile Corner
Possible Use Mixed Use Office Other Residential
Status Active
City Middletown
Lot Size Units Square Feet
Lot Size Square Feet 5663
Number of Units Leased 0
Property Attached Y/N true
Land Lease Y/N false
Tax Annual Amount 4400
Structure Type Apartment
Standard Status Active
Occupancy Type Vacant
Tax Assessed Value 373200
Tax Lot 283
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Interior
Basement Crawl Space
Furnished Y/N Unfurnished
Total Stories 1
Air Conditioning Y/N false
Heating Y/N true
Total Baths 0
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Exterior
Water Source Connected Public
Total Parking 4
Lot Size Area 5663
Foundation Details Concrete Perimeter
Number of Buildings 1
Building Area Total 0
Road Surface Type Asphalt
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* Excluded Features
List By
William Raveis Inspire

Broker

jeanne.allen@raveis.com

Email

Affordability Calculator

$3,517
Per Month
90%
10%
0%
Monthly Principal & Interest
$3,151
Monthly Property Taxes
$367
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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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Nearby
0 Elementary School
0 Middle School
Pricing History
DatePricePrice ChangeDescription
7/26/2026$499,000 Listed Price

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249 West Main Road, Middletown, RI, 02842 is a Commercial Property for sale at $499,000. 249 West Main Road was built in 1949. The property's zip code is 02842 which is in Middletown, RI