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145 Atlantic Avenue Westerly, RI $ 7,500,000
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$ 7,500,000 Get more info
145 Atlantic Avenue
$ 7,500,000
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Share Save

145 Atlantic Avenue

Westerly, RI, 02891
$ 7,500,000
Baths0.0

Monthly Estimate*

$ 52,390

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View a Virtual Tour
Studio

Commercial Property for sale in Westerly, RI

for $7,500,000. This building was built in 2015 on a lot size of 0.51.

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.

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Commercial Active

Price

$ 7,500,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 16,285

Style

Commercial

Lot Size

0.51

Year Built

2015

Town/City

Westerly

County/Region

Washington

MLS | Web ID

1351975
Features
General
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 N
Property Type CommercialSale
HOA / Comm Assn N
Attached Garage N
Subdivision Name MISQUAMICUT BEACH FRONT
Garage Y/N N
Building Features Elevators
Status Active
City Westerly
Buyer Agent Compensation 2.5NS
View Y/N Y
Senior Community Y/N N
Total Units 1
Lot Size Square Feet 22216.0
Waterfront Y/N N
Carport Y/N N
Street Name Atlantic
Property Attached Y/N Y
Land Lease Y/N N
Tax Annual Amount 16285.0
Electric Expense 0.0
Home Warranty Y/N N
Fuel Expense 0.0
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
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
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Interior
Basement None
Furnished Y/N Furnished
Total Stories 3
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N N
Above Grade Finished Area 0.0
Street Suffix Avenue
Laundry Features CommonArea LaundryRoom
Electric On Property Y/N N
Total Baths 0
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Exterior
Water Source Connected Public
Total Parking 26.0
Lot Size Area 22216.0
Foundation Details PillarPostPier
Number of Buildings 1
Spa N
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 N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 145
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* Excluded Features
List By
Lila Delman Compass

Broker

lori.joyal@liladelman.com

Email

Affordability Calculator

$53,747
Per Month
97%
3%
0%
Monthly Principal & Interest
$52,390
Monthly Property Taxes
$1,357
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
248553 Elementary School
248554 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
1/31/2024$7,500,000 Listed Price

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145 Atlantic Avenue, Westerly, RI, 02891 is a Commercial Property for sale at $7,500,000 with a lot size of 0.51. 145 Atlantic Avenue is a studio with 0.0 baths and was built in 2015. The property's zip code is 02891 which is in Westerly, RI

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