Tap to see more photos
Commercial For Sale
116 Aquidneck Avenue
Middletown, Rhode Island 02842
Newport CountyWaterfront:
Yes Water View: YesCommunity: Eastons Beach
$4,200,000
0 br, 0.0 bath
0 sq. ft.
0.570 acres
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.
Interior:
- Bedrooms: 0
- Baths: 0.0
- Sq Ft: 0
- Year Built: 1960
- Utilities:
- Fireplaces:
- Stories: 2
- Heat/AC: Central
- Garage:
Exterior:
- Lot Size: 0.570 acre
- Lot Dimensions:
- Waterfront: Yes
- View Types: Water
- Yard:
- Siding: Frame, Masonry
- Roof:
- Property Taxes: $30,521
- MLS #: 1401255
Contact Information:
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.
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 Number: 6935766
Viewed 16 times.
Updated: Dec 08, 2025

