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$280,000 Just Listed
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Property Description
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 is 42 indoor seating 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, 416sf on the second floor, and the spacious basement has 995sf which is 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 $280000, monthly rent is $5000 NNN. New owner gets a new lease for 10 years with 5 year options. Come own this unique and profitable restaurant and start making money!!
Full Property Details
Full Property Details for 72 E Main Rd
General
- Price: $280,000
- Taxes: $9,956 (2025)
- Status: Active
- Type: Business
- Source: STWMLS
- MLS ID: 1415073
- Updated: 6/11/2026
- Added to Site: 1 day(s) ago
Business
- Name: Mindy's Place
- Business Type: Food & Beverage, Restaurant
- Year Established: 2024
- Seating Capacity: 46
Interior
- Furnished: Yes
- Furnishings: Furnished
Parking
- Total Spaces: 14
Location
- County: Newport
Community
- Units Assoc/Comm: 1
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Ductless
Utilities
- Sewer: Connected, Public Sewer
- Water: Connected, Public
- Utility Description: Electricity Available, Natural Gas Connected, Sewer Connected
Structural Information
- # Buildings: 1
- Detached/Attached: Attached
- Basement: Yes
- Basement Desc.: Partial
- Stories/Levels: 3
- Building Size: 2236
- Finished Total: 2,236 Sq. Ft.
- Finished Above Grnd: 2,236 Sq. Ft.
- Year Built: 1950
Lot Features
- Lot Size (Acres): 0.26
- Lot Size (Sq. Ft.): 11,326
- Lot Size: 11326
- Frontage: City Street, State Road, Asphalt, Concrete, Paved
- Sidewalks: Yes
- Potential Use: Commercial
Financial Considerations
- Tax Amount: $9,956
- Tax Year: 2025
- Terms: Lease, Lease Option
Disclosures and Reports
- Property ID: 72EASTMAINRDMDLT
- Lot Number: 53
Listed by Circle 100 Real Estate
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Schools
Schools serving 72 E Main Rd
School District:Middletown School District
| Name | Grades | Distance |
|---|---|---|
Forest Avenue School 315 Forest Avenue, Middletown, RI 02842 | K-3 | 0.8 mi |
Joseph Gaudet Academy 1113 Aquidneck Avenue, Middletown, RI 02842 | 4- | 1 mi |
Joseph H. Gaudet School 1113 Aquidneck Avenue, Middletown, RI 02842 | 5-8 | 1 mi |
Middletown High School 130 Valley Road, Middletown, RI 02842 | 9-12 | 0.6 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 72 E Main Rd
Date
Details
Price
Change
Source
6/11/2026
Listed
$280,000
164.15%
MLS
12/16/1994
Sold
$106,000
—
Public Record
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
Tax History for 72 E Main Rd
Year
Property Taxes
Change
Tax Assessment
Change
2025
$9,956
5%
$732,600
—
2024
$9,509
21%
$732,600
75%
2023
$7,830
5%
$418,700
—
2022
$7,474
-3%
$418,700
—
2021
$7,688
—
$418,700
5%
2021
$7,688
6%
$398,700
—
2018
$7,256
-8%
$398,700
3%
2016
$7,925
2%
$387,700
—
2015
$7,738
-13%
$387,700
-7%
2014
$8,884
2%
$416,300
—
2013
$8,688
—
$416,300
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 72 E Main Rd
72 East Main Road, Middletown, RI 02842 (MLS# 1415073) is a Business property. 72 East Main Road is currently listed for $280,000 and was received on June 11, 2026. Want to learn more about 72 East Main Road? Do you have questions about finding other Business real estate for sale in Middletown? You can browse all Middletown real estate or contact a Coldwell Banker agent to request more information.

