Property Attributes
- MLS#1351975
- TypeCommercial
- CountyWASHINGTON
- CityWesterly
- NeighborhoodMISQUAMICUT BEACH FRONT
- Zip02891
- StyleCommercial
- Year Built2015
- Taxes$ 16285
- Price$ 7,500,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Lot Size0.51 Acres
Data Source:
Rhode Island Statewide MLS (RIAR)
Property Description
Extraordinary opportunity for this Commercial ATLANTIC OCEAN BEACHFRONT property on a coveted half acre of prime real estate. This Beachfront inn, finished construction in 2015 and boasts 23 guest rooms with private baths and PRIVATE BALCONIES overlooking the beauty of the Atlantic Ocean. In addition, there is an additional room for the office greeting guests This BEACHFRONT opportunity is in the coastal retreat of MISQUAMICUT which borders WATCH HILL and WEEKAPAUG. Ideally located a mere 45 MINUTES TO PROVIDENCE TF GREEN AIRPORT. The beautiful town of WESTERLY enjoys a Normal Rockwell Setting Westerly and also has a train station for an easy commute to New York and Boston along with a private AIRPORT The opportunities are endless with this prime piece of BEACHFRONT real estate.
Price History | |
---|---|
1/31/2024 | Listed $7,500,000 |
General Features
Sewer | None,SepticTank |
---|---|
Heating | Baseboard |
Cooling | Item1Unit,WallUnits |
Utilities | ElectricityAvailable,NaturalGasAvailable,NaturalGasConnected,MunicipalUtilities,WaterConnected,SewerNotAvailable |
Possession | Negotiable |
Security Features | FireAlarm,SmokeDetectors,SecurityLights |
Year Built | 2015 |
Electric | CircuitBreakers |
View | Water |
Stories | 3 |
Levels | ThreeOrMore |
Property SubType | Commercial |
Tax Year | 2023 |
Business Type | HotelMotel |
Community Features | Golf,HighwayAccess,Marina,NearHospital,NearSchools,Restaurant,Shopping,TennisCourts,Waterfront,HighTrafficLocation |
Building Name | MISQUAMICUT BEACHFRONT INN |
Business Name | MISQUAMICUT BEACHFRONT INN |
County | Washington |
Net Operating Income | 0.0 |
Insurance Expense | 0.0 |
New Construction | No |
Property Type | CommercialSale |
HOA / Comm Assn | No |
Attached Garage | No |
MaintenanceExpense | 0.0 |
Subdivision Name | MISQUAMICUT BEACH FRONT |
Garage Y/N | No |
Building Features | Elevators |
Status | Active |
City | Westerly |
Buyer Agent Compensation | 2.5NS |
View Y/N | Yes |
Senior Community Y/N | No |
Total Units | 1 |
Lot Size Square Feet | 22216.0 |
Waterfront Y/N | No |
Carport Y/N | No |
Street Name | Atlantic |
Property Attached Y/N | Yes |
Land Lease Y/N | No |
Tax Annual Amount | 16285.0 |
Electric Expense | 0.0 |
Home Warranty Y/N | No |
Fuel Expense | 0.0 |
Lease Renewal Y/N | No |
Additional Parcels Y/N | No |
Lease Considered Y/N | No |
Rent Control Y/N | No |
Virtual Tour | https://tour.RiLiving.com/145-Atlantic-AV-Westerly-RI-02891--1351975 |
Days on Market | 10 |
Standard Status | Active |
Occupancy Description | Owner |
Tax Assessed Value | 1662200 |
Tax Lot | 283 |
Ownership Type | LLC |
Taxes | 0.0 |
Cap Rate | 0.0 |
MobileHomeRemainsYN | No |
Interior Features
Basement | None |
---|---|
Furnished Y/N | Furnished |
Total Stories | 3 |
Basement (Y/N) | No |
Air Conditioning Y/N | Yes |
Heating Y/N | Yes |
Fireplace Y/N | No |
Above Grade Finished Area | 0.0 |
Street Suffix | Avenue |
Laundry Features | CommonArea,LaundryRoom |
Electric On Property Y/N | No |
Exterior Features
Water Source | Connected,Public |
---|---|
Total Parking | 26.0 |
Lot Size Area | 22216.0 |
Foundation Details | PillarPostPier |
Number of Buildings | 1 |
Spa | No |
Building Area Total | 0.0 |
Lot Size Acres | 0.51 |
Road Surface Type | Asphalt |
Lot Size Units | SquareFeet |
Road Frontage Type | CityStreet |
Crops Included Y/N | No |
Open Parking Y/N | No |
Horse Y/N | No |
Irrigation Water Rights Y/N | No |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool