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Coastal Land Ready For Development
For Sale
$2,900,000

148 Atlantic Avenue, Westerly, RI 02891

Prime coastal property for redevelopment or repositioning in Misquamicut Beach.

Property Size4,000 SF
Lot Size0.73 Acres
Price / SF$725
Days on Market144

Property Features for 148 Atlantic Avenue

General Information

Standard status Active
Size 4,000 SF
Lot size 0.73 Acres
Property subtype Commercial

Building Details

Year Built 1955
Listing Agency: RE/MAX South County
Listed By: Cindy Moran · License #RES.0822310
Source: Milburyre
Added: Apr 2 Changed: Aug 23 Last Checked: Aug 22 at 9:17AM

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 RE/MAX South County

Investment Insights

Based on property information with market context.

This 0.73-acre property is located in the heart of Misquamicut Beach. The high-visibility corner location is directly across from the ocean, with views and access to Winnapaug Pond. The property includes 80+ on-site parking spaces. The former hospitality property features an existing 4000+ sq ft structure with multiple indoor and outdoor areas and bar space. Shoreline Commercial zoning allows for a variety of uses including restaurants, entertainment, or hospitality concepts. The surrounding area includes hotels, beach cottages, and experiences strong seasonal traffic. The parking provides additional income. The property is being sold as is. The area continues to experience strong demand driven by tourism, events, and limited commercial inventory. It is ideal for redevelopment or repositioning. Potential uses include a refined beachside restaurant, boutique hospitality destination, or vibrant entertainment venue.

Key Highlights

  • Rare .73 acre parcel in the heart of Misquamicut Beach.
  • High visibility corner location directly across from the ocean with views and access to Winnapaug Pond.
  • 80+ on‑site parking spaces, providing additional income potential.

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Hair Salon Parking Lot & Garage (Bike/Boat/Book/etc) Store Cafe & Coffee Shop Catering 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

64
Businesses Nearby

Demographics for 02891, RI

21,803
Population
12,660
Households
1.7
Avg Household Size
50
Median Age
41%
College-Educated
94%
High-School Grad
26.3 sq mi
ZIP Area
829
Density / Sq Mi
$90,435
Median Household Income
$49,448
Median Earnings
$1,249
Median Rent
$422,600
Median Home Value
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Commercial land - Prime coastal property for redevelopment or repositioning in Misquamicut Beach.
Where is this commercial land located?
The property is located at 148 Atlantic Avenue Westerly, RI.
What is the asking price?
The asking price for this property is $2,900,000.
What are key features of this property?
This property features: Rare .73 acre parcel in the heart of Misquamicut Beach.; High visibility corner location directly across from the ocean with views and access to Winnapaug Pond.; 80+ on‑site parking spaces, providing additional income potential.
More about this property
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