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$1,999,000 Just Listed

  • For Sale
  • Active
  • Manufacturing
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Commercial opportunity!! 124 Aquidneck Ave currently offers 5,080 of gross square footage within a one- and two-story masonry and steel structure. The 3,605-square-foot first floor is currently occupied by Reject's Brewery, a fully functioning brewpub featuring a large bar area, commercial kitchen, brewing facilities, food processing space, multiple offices, and ample storage. Situated on a 10,369-square-foot, LBA-zoned parcel with parking for approximately 15 vehicles, the property enjoys a prime location adjacent to Easton's Pond with beautiful water views. The zoning and layout allow for a wide range of potential uses, including food service, manufacturing, distribution, retail, and/or hospitality. The sale may include the existing brewing equipment or be delivered as a bare-bones offering, presenting an excellent opportunity for redevelopment or owner-user occupancy. Can also be sold with adjacent property at 116 Aquidneck Ave (See MLS # 1401255).

Full Property Details for 124 Aquidneck Ave

General

  • Price: $1,999,000
  • Taxes: $9,897 (2025)
  • Status: Active
  • Type: Manufacturing
  • Source: STWMLS
  • MLS ID: 1403147
  • Updated: 1/16/2026
  • Added to Site: 1 day(s) ago

Business

  • Business Type: Commercial, Distribution, Food & Beverage, Hotel/Mote

Additional Information

  • Security/Safety: Fire Alarm

Parking

  • Total Spaces: 15

Location

  • County: Newport
  • Subdivision: Easton's Beach

Community

  • Units Assoc/Comm: 1

Heating & Cooling

  • Central air: Yes
  • Air Conditioning: Yes
  • Cooling Type: Central Air Conditioning

Utilities

  • Sewer: Connected
  • Water: Connected
  • Utility Description: Natural Gas Connected, Sewer Connected

Structural Information

  • # Buildings: 1
  • Detached/Attached: Attached
  • Construction: Frame, Masonry, Steel
  • Basement Desc.: None
  • Stories/Levels: 2
  • Building Size: 3605
  • Finished Total: 3,605 Sq. Ft.
  • Finished Above Grnd: 3,605 Sq. Ft.
  • Year Built: 1875
  • Other Struct. Feat.: Public Restrooms

Lot Features

  • Property View: Water
  • Lot Size (Acres): 0.26
  • Lot Size (Sq. Ft.): 10,369
  • Lot Size: 10369
  • Frontage: City Street, Paved
  • Sidewalks: Yes
  • Potential Use: Investment, Mixed Use, Retail

Water Features

  • Water View: Yes

Financial Considerations

  • Tax Amount: $9,897
  • Tax Year: 2025
  • Owner Pays: All Utilities

Disclosures and Reports

  • Documents Avail.: Environmental Study, License(s), Site Plan, Survey, Water/Well Report
  • Inclusions: All restaurant FF&E to convey with the sale.
  • Property ID: 124AQUIDNECKAVMDLT
  • Lot Number: 137

Listed by Gustave White Sotheby's Realty

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Listing agents

— 124 Aquidneck Ave —

  • Gustave White Sotheby's Realty

  • Gustave White Sotheby's Realty

401-849-3000

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 124 Aquidneck Ave

School District:Middletown School District
NameGradesDistance
Aquidneck School
70 Reservoir Road, Middletown, RI 02842
PK-30.3 mi
Joseph Gaudet Academy
1113 Aquidneck Avenue, Middletown, RI 02842
4-1.8 mi
Joseph H. Gaudet School
1113 Aquidneck Avenue, Middletown, RI 02842
5-81.8 mi
Middletown High School
130 Valley Road, Middletown, RI 02842
9-121.7 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 124 Aquidneck Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
1/16/2026
Listed
$1,999,000
90.38%
MLS
1/22/2018
Sold
$1,050,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 124 Aquidneck Ave

Year
Property Taxes
Change
Tax Assessment
Change
2025
$9,900
5%
$728,500
—
2024
$9,456
20%
$728,500
73%
2023
$7,858
5%
$420,200
—
2022
$7,501
4%
$420,200
—
2021
$7,240
10%
$420,200
16%
2020
$6,596
—
$362,200
—
2018
$6,592
-9%
$362,200
3%
2016
$7,209
2%
$352,700
—
2015
$7,040
5%
$352,700
13%
2014
$6,688
2%
$313,400
—
2013
$6,541
—
$313,400
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Listed by Gustave White Sotheby's Realty

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124 Aquidneck Avenue, Middletown, RI 02842 (MLS# 1403147) is a Manufacturing property. 124 Aquidneck Avenue is currently listed for $1,999,000 and was received on January 16, 2026. Want to learn more about 124 Aquidneck Avenue? Do you have questions about finding other Manufacturing real estate for sale in Middletown? You can browse all Middletown real estate or contact a Coldwell Banker agent to request more information.

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