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116 Aquidneck Ave 5,544 SF Retail Building Middletown, RI 02842 $2,200,000 ($396.83/SF)
EXECUTIVE SUMMARY
Exceptional opportunity to acquire a fully operational, turnkey restaurant in a stunning west-facing, Easton's pond-front setting. Diego's Cantina is a 5,500-square-foot space offering seating for 166 guests on two levels and is situated on a .31-acre parcel with LBA zoning. Other features include parking for 32, recently renovated exterior, and two west-facing decks. Ideal for full-service dining, private events, and continued success as a well-established, year-round operation. Sale can be combined with the adjacent parcel (See MLS #1401255).
PROPERTY FACTS
Sale Type
Investment or Owner User
Sale Condition
Business Value Included
Property Type
Retail
Property Subtype
Restaurant
Building Size
5,544 SF
Building Class
C
Year Built/Renovated
1960/2018
Price
$2,200,000
Price Per SF
$396.83
Tenancy
Single
Building Height
2 Stories
Building FAR
0.41
Lot Size
0.31 AC
Zoning
LBA
Parking
32 Spaces
AMENITIES
- Restaurant
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | MIDD-000115-S000000E-000135 | Improvements Assessment | $679,400 |
| Land Assessment | $838,800 | Total Assessment | $1,518,200 |
PROPERTY TAXES
Parcel Number
MIDD-000115-S000000E-000135
Land Assessment
$838,800
Improvements Assessment
$679,400
Total Assessment
$1,518,200
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116 Aquidneck Ave
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