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Turnkey Waterfront Retail and Watersports
For Sale
$1,395,000

17 Winnapaug Road, Westerly, RI 02891

For sale as a turnkey package with two established businesses and waterfront property on Winnapaug Pond at Misquamicut Beach.

Property SizeContact for details
Days on Market93

Property Features for 17 Winnapaug Road

General Information

Standard status Active
Property subtype General Commercial

Additional Details

Business Included Yes

Taxes and HOA fees

Annual Taxes $3,725

Amenities

3
10 Parking Spaces.

Building Details

Year Built 1957
Listing Agency: BHHS New England Properties
Listed By: Caswell Cooke
Source: Xome
Added: May 31 Changed: Aug 25 Last Checked: Aug 30 at 1:43PM

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 BHHS New England Properties

Investment Insights

Based on property information with market context.

This offering is being sold as a turnkey package that includes the real estate, two established businesses, goodwill, and a complete inventory of watersports equipment. Purple Ape is a beach retail store owned and operated by the same owner since 2004. Misquamicut Beach Jet Ski has been in operation since 1996 and operates every beach season.

The property is described as being located at the main entrance to Misquamicut Beach, on Winnapaug Pond. The seller states both businesses are profitable with years of documented operating history, and the owner is willing to provide training and a smooth transition.

Included equipment consists of three (3) 2023 Yamaha VXC jet skis and three (3) 2023 Triton aluminum jet ski trailers, along with hydrobikes, single-seat and tandem kayaks, Sea-Doo two-person paddle boats, paddleboards, approximately 50 Yamaha life jackets, and one (1) 2019 Can-Am Renegade 1000R ATV.

Key Highlights

  • Turnkey sale includes two established businesses and the waterfront real estate at 15–17 Winnapaug Road, Westerly, RI
  • Purple Ape beach retail store, owned and operated by the same owner since 2004
  • Misquamicut Beach Jet Ski established in 1996 and operated successfully every beach season

Property Analytics

Current Use

Purple Ape Clothing Store

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.

Lease Details

Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

70
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

Market

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Retail space - For sale as a turnkey package with two established businesses and waterfront property on Winnapaug Pond at Misquamicut Beach.
Where is this retail space located?
The property is located at 17 Winnapaug Road Westerly, RI.
What is the asking price?
The asking price for this property is $1,395,000.
What are key features of this property?
This property features: Turnkey sale includes two established businesses and the waterfront real estate at 15–17 Winnapaug Road, Westerly, RI; Purple Ape beach retail store, owned and operated by the same owner since 2004; Misquamicut Beach Jet Ski established in 1996 and operated successfully every beach season
More about this property
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