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Listed price in listed location currency (USD).
$4,200,000

0044

MLS® 1401255

  • Key Facts
  • Description
  • Map

Key Facts

Type Other
Levels Commercial Sale
Size 9149 sqft
Garage No
HOA Fees 
Taxes $30,521
Days Active 6
Approx. Age 1960
Avg. Price Per Sqft $459
MLS® Number 1401255

Property Address: 116 Aquidneck Ave, Middletown, RI, 02842-5610

Average square foot calculated using Size range provided by listing agent.

Description

A rare development opportunity in the heart of Middletown. This unique offering includes two adjacent, fully operational businesses available together as a single package. Diego's Cantina is a turnkey, 5, 500 sq. Ft., 166-seat, pond-front Mexican restaurant and function venue long recognized as a Middletown staple. With beautiful west-facing Easton Pond views, the space is ideal for dining, private events, and year-round operations. Next door, Rejects Brewery offers 3, 600 sq. Ft. Of versatile, LBA-zoned space suitable for a wide range of uses including food service, manufacturing, distribution, and more. Combined, the properties create a .57-acre parcel with strong potential for future hotel development or mixed-use projects, while also providing the option to operate two established businesses immediately. An exceptional investment opportunity with multiple paths for value creation.
MLS® Number1401255
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age1960
Stories2
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

All restaurant FF&E to convey with the sale.

Similar Listings

Price History

-End Date
Not Sold YetSold Price

For Sale

Dec 8, 2025List Date
$4,200,000List Price
  • Commute

Commute

Starting Address
Destination Address
116 Aquidneck Ave, Middletown, RI

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