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19 Winnapaug Rd Westerly, RI 02891

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For Sale
$2,395,000

Turnkey motel steps from the beach with proven income.

Property Features for 19 Winnapaug Rd

General Information

Standard status
Active

Building Details

Year built
1965

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Listing Contact
Caswell Cooke
Source: Corcoran

Listing Agency: BHHS NEW ENGLAND PROPERTIES Listing Agent: Caswell Cooke

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Overview

Profitable Motel Near Misquamicut Beach

The Sea Shell Motel presents a prime investment opportunity in the popular Misquamicut beach community. This turnkey hospitality business features 10 identically furnished guest rooms, each equipped with two double beds, a mini fridge, microwave, dresser, mirrors, showers, and seasonal A/C. The property also includes private attached owner/manager's quarters with a queen bedroom, kitchen, bath, office space, and laundry. Amenities include granite bath counters, a newly paved lot (2023), a fountain, hot tub, a small dock with 4 kayaks, grills, picnic tables, an outdoor shower, and Keurig coffee. Operational features include security cameras, remote keypads, and a custom-built online reservation system. The motel benefits from a location in the heart of Misquamicut, within walking distance to the State Beach, Atlantic Beach Park, and the seasonal entertainment district, with direct Winnapaug Pond access. The 2024 gross income was $213,000, with annual fixed expenses of $34,073. This is a rare opportunity to live and work steps from the beach with proven income and a repeat clientele.
Location Intelligence

Current Use by Public Records

Sea Shell Motel Hotel & Motel

Suggested Use

Restaurant Real Estate Agency Hair Salon Department Store Hotel & Motel Food Market Accounting Firm Grocery & Convenience Store Bar & Pub Cafe & Coffee Shop

Zoning and permitted uses should be independently verified with local authorities.

Similar Places Nearby

Heart of Avondale, Golden hotel bkk

Location Insight

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  • Local Demand
City
Westerly
County
Washington
State
Rhode Island
Longitude
-71.8101168
Latitude
41.3236055

FAQs

What type of property is this?
Motel - Turnkey motel steps from the beach with proven income.
Where is this motel located?
The property is located at 19 Winnapaug Rd Westerly, RI.
What is the asking price?
The asking price for this property is $2,395,000.
What are key features of this property?
This property features: - Prime location: Steps from Misquamicut Beach, State Beach, Atlantic Beach Park, and the entertainment district, with direct Winnapaug Pond access.; - Turnkey business: Profitable and ready to operate with a proven income stream and repeat clientele.; - On-site living: Includes private owner/manager's quarters with bedroom, kitchen, bath, office, and laundry.
More about this property
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