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Westerly, RI Hotels for Sale

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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

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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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Scored against comparables nationwide. These are worth a look.

Scored against comparables nationwide. These are worth a look.

Cap Rate available after sign in
Est. NOI available after sign in
Local Demand available after sign in
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 Guest Rooms
Boutique Hotel with Guest Rooms

17 Park Street, New London, CT 06320

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

Individually styled guest rooms and public utilities support a distinctive lodging operation near shoreline amenities.

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Boutique Seaside Hotel
Boutique Seaside Hotel

17 Park St, 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.

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Furnished Hotel with Rooftop Dip Pool
Furnished Hotel with Rooftop Dip Pool

32 Broadway Avenue, Stonington, CT 06378

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

Six-bedroom, six-bathroom hospitality property with furnished interiors, public utilities, and individually controlled climate zones.

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Hotel Property with Rooftop Amenities
Hotel Property with Rooftop Amenities

32 Broadway Avenue, Stonington, CT 06378

$5,050,000
0.18 AC lot

Fully furnished accommodations include communal rooftop lounging, dining, and a dip pool.

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.

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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