651 West Main Road 659

Middletown, RI 02842 Directions
$1,875,000
  • 5,074Sqft
  • 0.56Acres
  • 1960Built
  • $370Price/Sqft

Property Highlights

  • Subdivision: Restaurant District
  • Days on Market: 168
  • MLS: 1399970

Property Highlights

  • Subdivision: Restaurant District
  • Days on Market: 168
  • MLS: 1399970

Prime Commercial Opportunity - Two Adjacent High Visibility Parcels on Rt 114, Middletown, RI, Aquidneck Island's highest-traffic corridor. Parcel 1: Home to Tito's Cantina, an iconic Mexican restaurant established 38 years ago as the first Mexican restaurant on Aquidneck Island. The property features a free-standing 2124 SF building on a 12,196 SF lot. Owner occupied since 2000, therefore no rental history is available. The sale includes all licenses, including liquor and victualing licenses, conveying with the property. Parcel 2: A single-story masonry retail strip center totaling 2950 SF on a 12,197 SF lot, currently divided into 3...

Property Highlights

  • Subdivision: Restaurant District
  • Days on Market: 168
  • MLS: 1399970

Prime Commercial Opportunity - Two Adjacent High Visibility Parcels on Rt 114, Middletown, RI, Aquidneck Island's highest-traffic corridor. Parcel 1: Home to Tito's Cantina, an iconic Mexican restaurant established 38 years ago as the first Mexican restaurant on Aquidneck Island. The property features a free-standing 2124 SF building on a 12,196 SF lot. Owner occupied since 2000, therefore no rental history is available. The sale includes all licenses, including liquor and victualing licenses, conveying with the property. Parcel 2: A single-story masonry retail strip center totaling 2950 SF on a 12,197 SF lot, currently divided into 3 tenant spaces. All tenants pay separate utilities. While no formal leases are in place, the property generates approximately $45,000 in annual gross rent. Together, the parcels comprise 24,393 (0.56 acres) with 150 linear feet frontage on Rt 114. Directly across from Navy surplus land slated for redevelopment - poised to become a new commercial hub on Aquidneck Island. Financials (income and expenses) available to qualified, interested parties.

Prime Commercial Opportunity - Two Adjacent High Visibility Parcels on Rt 114, Middletown, RI, Aquidneck Island's highest-traffic corridor. Parcel 1: Home to Tito's Cantina, an iconic Mexican restaurant established 38 years ago as the first Mexican restaurant on Aquidneck Island. The property features a free-standing 2124 SF building on a 12,196 SF lot. Owner occupied since 2000, therefore no rental history is available. The sale includes all licenses, including liquor and victualing licenses, conveying with the property. Parcel 2: A single-story masonry retail strip center totaling 2950 SF on a 12,197 SF lot, currently divided into 3 tenant spaces. All tenants pay separate utilities. While no formal leases are in place, the property generates approximately $45,000 in annual gross rent. Together, the parcels comprise 24,393 (0.56 acres) with 150 linear feet frontage on Rt 114. Directly across from Navy surplus land slated for redevelopment - poised to become a new commercial hub on Aquidneck Island. Financials (income and expenses) available to qualified, interested parties.

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  • Additional Information
    • Days On Market: 168
    • Electrical Features: Circuit Breakers
    • Living Area SqFt: 5074
    • On Market Date: 2025-11-13
    • Parking Spaces: 40
    • Road Type: State Road
    • Sewer: Public Sewer
    • Subdivision: Restaurant District
    • Tax Amount: $14,422
    • Tax Year: 2025
    • Type: Commercial Sale
    • Unit Count: 2
    • Utilities: Natural Gas Connected, Phone Available, Water Connected, Sewer Connected
    • Year Built: 1960
  • Amenities
    • Restaurant
    • Street Lights
    • Sidewalks
  • Interior/Exterior Features
    • Cooling: Central Air
    • Foundation: Concrete Perimeter
    • Heat: Natural Gas, Forced Air

The data relating to real estate for sale on this web site comes in part from the IDX Program of the State-Wide Multiple Listing Service, Inc. Real estate listings held by brokerage firms other than William Pitt Sotheby's International Realty are marked with the MLS logo and detailed information about them includes the name of the listing brokers. Information deemed reliable but not guaranteed. Data is updated as of 05/01/2026. Listed By: Paul Tobak of Hogan Associates Christie's.

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