86 Aquidneck Ave
Middletown, RI 02842
Retail Property For Sale

Site description: The site is similar in term of size and frontage compared to other developed lots in the neighborhood. The lot is at street grade and the surface drainage appears to be adequate. Area description: This commercial neighborhood has seen dramatic changes. The Newport Beach House, Newport Beach Hotel & Suites, The Sea Breeze Inn, and Wyndham Newport Hotel & Conference Center were constructed in this neighborhood in past 5 to 10 years. This convenient location, close to the beaches of Newport and Middletown, results in a high volume of summer traffic, which is good for the local businesses. All town services and utilities, including water, electricity, natural gas, telephone, police and fire protection, and garbage collection are available and in use throughout the neighborhood. Interior description: The interior of the retail store consists of a merchandise display area, 2 changing rooms, office, bathroom, inventory room and third floor executive office with a waterview. The rear is an attached garage used to display surfboards, paddleboards and wetsuits. There is a board repair shop. Zoning description: The Limited Business Area "LBA" is established to provide areas for day-to-day localized shopping needs, convenience shopping services to neighborhood areas, and to provide limited specialized business uses in certain parts of town. Within the LB District, mixed-use development projects are also allowed as an option to provide for village-style development of a mix of uses, including multi- family residential, small-scale retail, office, and public uses, while preserving open space, and to limit commercial sprawl.