INNOVATE
Real Estate
No photos available for this listing

$260,000

72 East Main Road
Middletown, RI 02842
Listed by Shuman Hsia
Bedrooms
N/A
Bathrooms
N/A
Living area
N/A
Year built
1950

About this home

This brand-new Chinese/Asian restaurant with an all-new commercial grade stainless steel kitchen and restaurant furniture is ready for a new owner. Turn-Key transfer with full liquor license. There are 42 indoor seatings including 8 seats at the bar and potential some outdoor seating on the front patio area. The restaurant has 2236 Sf on the main floor, 416 Sf on the second floor, and the spacious basement has 995 Sf which gives plenty of space for office and storage. There are approx. 14 parking spots and is conveniently located across from Shaw's market and Starbucks Shopping center on East Main Road in Middletown. It is a fully operational restaurant, interested parties please contact listing agent for a private tour. Please do not approach employees. Business & Equipment is for sale at $260000, monthly rent is $5000 NNN. New owner gets a new lease for 5-10 years with option to buy the building. Come own this unique and profitable restaurant and start making money!!

Property details

MLS #
1415073
Property type
Commercial,Business
Subdivision
N/A
Status
Active
Days on market
47
On market date
June 11, 2026
Stories
N/A
Garage spaces
N/A
Lot size
0.26 acres

Location

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Nearby schools

Within 10 miles · public school directory data (NCES)

Elementary
Claiborne Pell Elementary
0.73 mi away · Grades -1-4
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
744
Student:teacher ratio
10.9:1
District
Newport
Middle
Gaudet Middle School
0.97 mi away · Grades 6-8
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
463
Student:teacher ratio
11.3:1
District
Middletown
High
Middletown High School
0.6 mi away · Grades 9-12
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
620
Student:teacher ratio
11.9:1
District
Middletown

Mortgage calculator

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Est. monthly payment
$1,716/mo
$52,000 down
$208,000 loan
Principal & interest$1,349
Property tax (est.)$217
Home insurance (est.)$150

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Data source: Listing information provided by Rhode Island Association of REALTORS via Trestle/CoreLogic. Last updated July 14, 2026.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.