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Westerly, RI Hotels for Sale

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Stonington, CT Hopkinton, RI Charlestown, RI
Coastal Corner Redevelopment Site
Updated: May 12
Coastal Corner Redevelopment Site

148 Atlantic Avenue, Westerly, RI 02891

$2,900,000
0.73 AC lot
Prime .73 acre location in the heart of Misquamicut Beach, directly across from the ocean with views and access to Winnapaug Pond.
Rare opportunity for redevelopment or repositioning in a high‑demand coastal area with limited commercial inventory.
Shoreline Commercial zoning allows for a variety of uses including restaurants, entertainment, or hospitality concepts.
Existing 4000+ sq ft structure with multiple indoor and outdoor areas and bar space.
80+ on‑site parking spaces, providing additional income potential.
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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

$7,500,000
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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Based on your search, we've compiled 12 Potential Opportunities for your consideration. Besides 2 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, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

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

Charming Historic Seaside District Hotel
Charming Historic Seaside District Hotel

17 Park Street, New London, CT 06320

$2,650,000
11,204 sqft · 0.36 AC lot

Boutique hotel in New London's historic seaside district.

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Turnkey Boutique Hospitality Property
Turnkey Boutique Hospitality Property

32 Broadway Avenue, Stonington, CT 06378

$5,050,000
4,002 sqft · 0.18 AC lot

Pre-zoned LS-5 hospitality use with fully furnished interiors, rooftop communal amenities, and dedicated paved off-street parking.

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Boutique Seaside Hotel
Boutique Seaside Hotel

17 Park Street, New London, CT 6320

$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.

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Boutique Hotel with Rooftop Pool
Boutique Hotel with Rooftop Pool

32 Broadway Avenue, Stonington, CT 06378

$5,050,000
0.18 AC lot

Turnkey, fully furnished hospitality property with rooftop pool and on-site off-street parking for short-term stays or hotel operations.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Narragansett Commercial Land Opportunity
Narragansett Commercial Land Opportunity

360 Kingstown Road, Narragansett, RI 02882

$1,500,000
0.84 AC lot

High-visibility land parcel near Route 1, Narragansett beaches.

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Hotel and Multi-Use Development Land
Hotel and Multi-Use Development Land

660 Sherman Avenue, Hamden, CT 06514

$1,600,000
10.61 AC lot

Large development parcel with prior approvals for a 112-unit hotel, offering flexibility for multifamily or student housing redevelopment.

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Hotel Development Opportunity Near Airport
Hotel Development Opportunity Near Airport

306-308 Route 109, Farmingdale, NY 11735

$3,900,000
1.42 AC lot

Hotel development opportunity near Farmingdale Airport.

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Vacant Land in New Paltz
Vacant Land in New Paltz

401 Main Street, New Paltz, NY 12561

$1,399,900
1.80 AC lot

1.8-acre vacant lot ideal for hotel, fast food, or restaurant.

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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
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145 Atlantic Ave Atlantic Ave
Hotels

145 Atlantic Ave Atlantic Ave, Westerly, RI 02891

Value Estimation by Request
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Westerly, RI Hotels Market Trends and Statistics

Explore 4 hotels for sale in Westerly, RI on our real estate platform. These investment opportunities span a total of 0 square feet of properties for sale, with an estimated market value of $10,400,000.

Sale prices for resorts in Westerly, RI start at $2,900,000, averaging $5,200,000, and reaching up to $7,500,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Hotels 2
Bed & breakfasts 1
Resorts 1

Demographics Overview

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

High-Yield Neighborhoods for Investment

Identify Westerly submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
02891 $7.5M

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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