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116 Aquidneck Ave 5,544 SF Retail Building Middletown, RI 02842 $2,883,489 CAD ($520.11 CAD/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
$2,883,489 CAD
Price Per SF
$520.11 CAD
Tenancy
Single
Building Height
2 Stories
Building FAR
0.41
Lot Size
0.31 AC
Zoning
LBA - Business
Parking
32 Spaces (5.77 Spaces per 1,000 SF Leased)
Amenities
- Restaurant
Nearby Major Retailers
Property Taxes
| Parcel Number | MIDD-000115-S000000E-000135 | Improvements Assessment | $932,877 CAD |
| Land Assessment | $1,151,748 CAD | Total Assessment | $2,084,625 CAD |
Property Taxes
Parcel Number
MIDD-000115-S000000E-000135
Land Assessment
$1,151,748 CAD
Improvements Assessment
$932,877 CAD
Total Assessment
$2,084,625 CAD
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116 Aquidneck Ave
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