United StatesRhode IslandMiddletown127 Johnnycake Hill Road

127 Johnnycake Hill Road
127 Johnnycake Hill Road Middletown, Rhode Island 02842 United States

$1,800,000
 Get directions
 
Advertiser Logo
Listing Courtesy of Kirby Properties, LLC.
$1,800,000
Change Currency
4.71 Acres
Exterior
Commercial
Property type
1980
Year Built
1298934
Web Id
1298934
MLS ID
Middletown Corporate Park
Subdivision
Middletown
School District
8
days ago

About 127 Johnnycake Hill Road

Come take a look at the beautiful water view from the executive offices of this large prominent office building located at the crest of the hill in the Aquidneck Corporate Park in Middletown. The property is now offered for sale with a lease-back to current owner, Newport Mental Health, until they find/build their new facility. The offices and common areas are newly renovated with attractive reception area and large conference spaces along with small single offices. A loading dock adds convenience to the building as well as expansive lawn space. This offering contains a large plat of land that has space for an addition along with second floor expansion possibilities. CALLING ALL OFFERS BY 5:00 PM on NOVEMBER 30, 2021. Interested parties are asked to present their highest and best offers with either, or both, of the following options:a) A traditional closing with the property being conveyed vacant.b) A sale / Lease back with the owner, Newport Mental Health, with a five year lease, cancellable by NCMH after the 3rd full year. The proposed rent will be $10,000 a month, NNN.

PROPERTY INFORMATION

Location
Office Park
Sewer
Municipal, Public Connected
Water
Municipal
Listing Courtesy of Kirby Properties, LLC.
Listing Courtesy of Kirby Properties, LLC.
Advertiser Logo
Listing Courtesy of Kirby Properties, LLC.
Contact Agent