Restaurant for Lease

425 East Main Road


Property Description

Calling all restaurateurs. The Ramada Inn on East Main Road in Middletown sold in October 2019, it is undergoing a full interior and exterior renovation and will become a Boutique Joie de Vivre which is a soft brand owned by Hyatt. The restaurant can host up to 110 people it is 2,281 SqFt with a 680 SqFt kitchen. Liquor license will be transferred to the new operator. Breakfast, lunch, dinner and room service for the 119 rooms + catering opportunities in two larger banquet style rooms.

  • Visit our vimeo page for a virtual tour: https://vimeo.com/418622395

Property Details

Address: 425 East Main Road, Middletown, RI
Lease Price: $5,000/ Month ($20/ SqFt) + NNN *Due to current situation percentage rent may be negotiated
Bedrooms: 119 Hotel rooms for room service
Sewer: Public Connected
Water: Tenant Responsibility
Available Space: 2,961 SqFt [Dining Room: 2,281 SqFt + Kitchen: 680 SqFt]
Taxes: Tenant responsible to pay their pro-rata share of any tax increases
Location: East Main Road/ Valley Road
Rent Increases: 3% Annual Increase
Parking: Ample on site parking
Electric: Tenant Responsible
Available Date: Available immediately
Virtual Tour Link: https://vimeo.com/418622395

425 East Main Road, Middletown, RI,
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