116 Aquidneck Avenue, Middletown, RI 02842
sale
$4,200,000
|
Other
Courtesy Of Gustave White Sotheby's International Realty
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.
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Property Features
- Age: Over 50 Years Old
- Amenities: Water Front
- Building Units: 1
- Cooling System: Central Air
- Exterior Type: Masonry
- Exterior Type: Frame
- Floors: 2
- Heating System: Central
- MLSID: 1401255
- Parking Spaces: 44
- Rooms: Basement
- View Type: Water
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