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    Atlantic Ocean Beachfront Inn Opportunity
    Updated: Feb 22, 2024
    Atlantic Ocean Beachfront Inn Opportunity

    145 Atlantic AV Atlantic Avenue, Westerly, RI 02891

    Contact for pricing
    0.50 AC lot
    Prime Atlantic Ocean beachfront commercial property on a coveted half acre.
    Beachfront inn with 23 guest rooms, each featuring private baths and private balconies overlooking the ocean.
    Built in 2015.
    Located in Misquamicut, bordering Watch Hill and Weekapaug.
    Conveniently located 45 minutes from Providence TF Green Airport.
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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 7 Potential Opportunities for your consideration. Besides 1 Active listings in Westerly, RI, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 2 Off-Market properties to explore as potential leads

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Boutique Hotel with Coastal Character
    Boutique Hotel with Coastal Character

    17 Park Street, New London, CT 06320

    $2,650,000
    11,204 sqft 0.36 AC lot

    Individually decorated guest rooms, public utilities, and a walkable setting near Ocean Beach Park define this lodging property.

    View details
    Boutique Seaside Hotel
    Boutique Seaside Hotel

    17 Park Street, New London, CT 06320

    $2,650,000
    11,204 sqft

    Charming, independently decorated rooms near Ocean Beach Park offer a distinctive coastal stay in New London’s seaside district.

    View details
    Turnkey Hotel Property with Rooftop Pool
    Turnkey Hotel Property with Rooftop Pool

    32 Broadway Avenue, Stonington, CT 06378

    $5,050,000
    4,002 sqft 0.18 AC lot

    Turnkey hotel property in the LS-5 zone, 0.1 miles from Mystic Amtrak Station, with centralized zoned climate and rooftop pool amenities.

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    Hotel with Rooftop Pool and Lounge
    Hotel with Rooftop Pool and Lounge

    32 Broadway Avenue, Stonington, CT 06378

    $5,050,000
    0.18 AC lot

    Modern hotel with rooftop sun lounge, dip pool, and off-street parking for 10–13 cars.

    View details

    Off-Market Properties in Westerly, RI

    Consider similar Off-Market properties in Westerly, RI. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    325 Post Rd
    Hotels

    325 Post Rd, Westerly, RI 02891

    Value Estimation by Request
    View details
    145 Atlantic Ave Atlantic Ave
    Hotels

    145 Atlantic Ave Atlantic Ave, Westerly, RI 02891

    Value Estimation by Request
    View details

    Westerly, RI Hotels Market Trends and Statistics

    Explore 3 hotels for sale in Westerly, RI on our real estate platform.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Bed & breakfasts 1
    Hotels 1

    Demographics Overview

    Population 22K
    Population Growth (5Y) +2.9%
    Median Household Income $90,435
    College Educated 59.8%

    Taxes & Financing

    Tax Rate (average for all types) 1.02%
    Property Tax per SF $13.06 per SF
    Tax Rate vs County Average 0.23 pp below county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Washington County

    New Delisted

    Total CRE Inventory on Market (SF)

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