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74 Vallet Road 74 Valley Rd 1,739 SF Vacant Office Building Middletown, RI 02842 $675,000 ($388.15/SF)
Investment Highlights
- High Traffic Area
- Flexible Floor Plan
- Perfect for Owner/Operator
- Versatile Zoning
- Mixed Use
- Highly desirable commerical area
Executive Summary
Rare opportunity to own a truly versatile property in one of Middletown's most desirable locations! This charming Cape-style home has been successfully operated as a thriving dental practice for many years and offers exceptional potential for homeowners, investors, entrepreneurs, and professionals alike. Zoned Limited Business, the property provides a flexible floor plan ideal for a home-based business, professional office, investment property, or residential use. The main level offers multiple rooms that can easily accommodate office, business, or residential needs, while the upper level presents the opportunity for a private residence or income-producing rental unit. A spacious parking lot accommodating approximately 12 vehicles, ample off-street parking, and a manageable yard further enhance the property's appeal. Ideally situated just minutes from Middletown's beautiful beaches, Downtown Newport, the Newport Bridge, and all the shopping, dining, entertainment, and amenities Aquidneck Island has to offer, this location combines convenience with coastal charm. Whether you're seeking a live-work setup, investment opportunity, business location, or a unique place to call home, this special property delivers unmatched flexibility and value. Opportunities like this are exceptionally rare. Don't miss your chance to own a property that offers homeownership, investment, and business potential all in one unbeatable location. Call today to schedule your private showing!
Financial Summary (Actual - 2025) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
Financial Summary (Actual - 2025) Click Here to Access
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Sale Type
Investment or Owner User
Property Type
Building Size
1,739 SF
Year Built
1950
Price
$675,000
Price Per SF
$388.15
Percent Leased
Vacant
Building Height
2 Stories
Typical Floor Size
870 SF
Building FAR
0.17
Lot Size
0.23 AC
Zoning
OBA - Office Building
Amenities
- Signage
- Reception
- Storage Space
- Air Conditioning
- Smoke Detector
- Shower Facilities
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Fairly walkable
50/100
Exceptionally drivable
100/100
Limited public transit
30/100
Somewhat bikeable
20/100
Property Taxes
| Parcel Number | MIDD-000113-000000-000119 | Total Assessment | $595,400 |
| Land Assessment | $337,000 | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $258,400 | Tax Year | 2025 |
Property Taxes
Parcel Number
MIDD-000113-000000-000119
Land Assessment
$337,000
Improvements Assessment
$258,400
Total Assessment
$595,400
Annual Taxes
($1) ($0.00/SF)
Tax Year
2025
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Contact the Sale Advisor
74 Vallet Road | 74 Valley Rd