CCertihomes
72 East Main, Middletown, RI 02842

$1,175,000

0 beds 0 baths Built 1950Active

About this home

Seize the rare opportunity to own a lucrative business and a commercial property with high visibility, traffic count, and ample 14-car parking, located in the heart of Aquidneck Island’s bustling business center! This Prime commercial real estate is across from major retailers such as Shaw’s, CVS, Verizon, BJ’s, West Marine, and steps from the always busy 2 Mile Corner. Presently this well-established bakery/restaurant, with its warm inviting atmosphere, is ready for a new owner…or let your imagination run wild with endless possibilities and many business opportunities for this prime commercial location. Don’t miss out on the uniquely strong commercial surroundings and activity this property offers.

Affordability — calculate your monthly payment

Adjust your budget to see what's left after housing, utilities and transportation. Numbers below assume a 5% down, 30YrJumbo at 4% APR.

Your estimated payment
$8,457/mo

Real estate (PITI + HOA + PMI)
$7,654
Principal + interest$5,329
Property tax + insurance$1,884
PMI / 2nd mortgage$441
Utilities
$2,053
Heating + cooling$880
Internet + TV + phone$127
Water + sewer + garbage$58
Transportation
$129
Car insurance + maintenance$129
Other (entertainment)
$127
$8,457/mo TLC
Budget$8,957/mo
Remaining after TLC$500/mo
Purchase price
$1,175,000
Down payment
$58,750 (5%)
Loan amount
$1,116,250
APR
4%

Quick facts

Type
Commercial Sale
Style
Year built
1950
Lot size
0.26 ac
Stories
2
Heating
Baseboard, Forced Water, Heat Pump
Cooling
Ductless, Wall Unit(s), Window Unit(s)
Water
Connected, Individual Meter, Municipal
HOA
Annual tax
$7,830
MLS #
1352280
County
Newport

At a glance

Basement

Home features

Interior
Ceiling Height: 7-9 Ft
Sewer
Connected, Public Sewer

Lot features

Paved, Sidewalks, Free Standing, Suburban

Neighborhood — 02842

MetricThis ZIPCountyUSA
Population15,0781,095,423299,088,112
Population Change Since1990-3.00%9.00%20.00%
Population Density1,196994
Male7,285529,266147,432,321
Female7,786566,157151,655,844
Never Married2,809266,40463,775,926
Married6,808435,678123,120,365
Separated49043,64212,639,686
Widowed79766,66815,467,586
Divorced1,15383,84323,075,029
Number Of House Hold5,533410,399111,826,380
Average House Hold Size2.662.562.60
Medial Age38.7437.2735.46
Median House Hold Income$54,937$47,553$48,276
Average House Hold Income$68,011$61,609$63,629
P C I$25,804$23,965$24,529
M D I$46,002$40,634$41,133
A T H E$53,925$49,940$50,898
S T R7.00%7.00%
W C J77.50%78.02%77.74%
(Zip) Code
2842

Data via Certihomes neighborhood index. Comparisons across this ZIP, county and the United States.

Map & walkability

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RI & State Wide MLS

Listing information last refreshed 2/6/2024. Provided courtesy of the listing office via RI & State Wide MLS. Information deemed reliable but not guaranteed.