Commercial For Sale

A rare development opportunity in the heart of Middletown. This unique offering includes two adjacent, fully operational businesses available together as a single package. Diego's Cantina is a turnkey, 5,500 sq. ft., 166-seat, pond-front Mexican restaurant and function venue-long recognized as a Middletown staple. With beautiful west-facing Easton Pond views, the space is ideal for dining, private events, and year-round operations. Next door, Rejects Brewery offers 3,600 sq. ft. of versatile, LBA-zoned space suitable for a wide range of uses including food service, manufacturing, distribution, and morebined, the properties create a .57-acre parcel with strong potential for future hotel development or mixed-use projects, while also providing the option to operate two established businesses immediately. An exceptional investment opportunity with multiple paths for value creation.

Property Details

  • Beds: 0
  • Baths: 0.0
  • Year Built: 1960
  • Location: (private lake, pond, coastal)
  • Acres: 0.570
  • Waterfront: Yes
  • Waterview: Yes
  • ViewTypes: Water
  • County: Newport County
  • Community: Eastons Beach
  • Heat/AC: Central
  • Siding: Frame, Masonry
  • Roof:
  • Stories: 2
  • Property Taxes: $30,521
  • MLS #: 1401255

Location

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Contact Information:

Contact Agent
Listing Agent: Mike Sweeney, Gustave White Sotheby's International Realty, 401-849-3000, 401-849-3000 Listing Site, Listing Status: Active
Copyright © 2025 State Wide MLS of Rhode Island, Inc.. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Ad Statistics:

Lake Commercial For Sale in Middletown, Rhode Island
Ad Number : 6935766
Viewed: 10 times
Added: Dec 08, 2025
Updated on: Dec 08, 2025
All information provided is deemed reliable but is not guaranteed and should be independently verified.