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Mixed-Use Coastal Property For Sale
For Sale
$5,995,000

1 Angell, Narragansett, RI 02882

Mixed-use property with ocean views and multiple income streams.

Property SizeContact for details
Lot Size0.30 Acres
Days on Market146

Property Features for 1 Angell

General Information

Standard status Active
Lot size 0.30 Acres
Property subtype Commercial

Taxes and HOA fees

Annual Taxes $13,807

Building Details

Year Built 1963
Listing Agency: LILA DELMAN COMPASS
Listed By: BENJAMIN WOOD · License #RES.0044774
Source: Corcoran
Added: Mar 17 Changed: Aug 8 Last Checked: Aug 8 at 6:28AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of LILA DELMAN COMPASS

Investment Insights

Based on property information with market context.

This mixed-use coastal property is positioned directly across from Scarborough State Beach. It features visibility, foot traffic, and ocean views. The asset is built for multiple income streams, featuring two recently renovated, high-performing Airbnb units, a six-bedroom apartment, two on-site restaurant concepts, and two additional retail spaces. The property benefits from seasonal traffic while maintaining year-round activity. This property is located in Narragansett, Rhode Island.

Key Highlights

  • Directly across from Scarborough State Beach with sweeping ocean views.
  • Multiple income streams from Airbnb units, apartments, restaurants, and retail spaces.
  • High‑traffic coastal location with strong seasonal and year‑round activity.

Property Analytics

Current Use

Short term rental ...

Suggested Use

Top Pick Parking Lot & Garage Building Supply Nail Salon Law Firm Electrical Service Accounting Firm

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

100
Businesses Nearby

Demographics for 02882, RI

12,919
Population
8,870
Households
1.5
Avg Household Size
52
Median Age
64%
College-Educated
98%
High-School Grad
12.8 sq mi
ZIP Area
1,009
Density / Sq Mi
$95,794
Median Household Income
$44,042
Median Earnings
$1,661
Median Rent
$686,000
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Mixed-use property with ocean views and multiple income streams.
Where is this mixed-use property located?
The property is located at 1 Angell Narragansett, RI.
What is the asking price?
The asking price for this property is $5,995,000.
What are key features of this property?
This property features: Directly across from Scarborough State Beach with **sweeping ocean views**.; Multiple income streams from Airbnb units, apartments, restaurants, and retail spaces.; High‑traffic coastal location with strong seasonal and year‑round activity.
More about this property
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