Mixed-Use Property with Beach
For Sale
Contact for pricing
298 Atlantic Ave, Westerly, RI 02891
Mixed-use site with two freestanding buildings and an income-producing parking lot near beach and pond views.
Property SizeContact for details
Days on Market123
Property Features for 298 Atlantic Ave
General Information
Standard status
Active
Property subtype
Retail, Mixed Use, Special Purpose
Listing Agency:
The Discovery Group, Inc.
Listed By:
Joseph Mardo · License #RI B14266
Source:
Crexi
Added: Apr 11
Changed: Aug 8
Last Checked: Jul 23 at 7:26AM
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 The Discovery Group, Inc.
Investment Insights
Based on property information with market context.
This mixed-use property includes two freestanding buildings and is currently being utilized for restaurant, retail, residential, and an income-producing parking lot. The site provides access and visibility from both the beach and the adjacent pond, supporting a flexible mix of uses on the same location.
Set in the heart of Misquamicut Beach in Westerly, Rhode Island, 298 & 300 Atlantic Ave. offer ocean and pond views and beach access. The property is being marketed as a redevelopment opportunity for a mixed-use, multi-story development.
The owner will consider seller financing.
Set in the heart of Misquamicut Beach in Westerly, Rhode Island, 298 & 300 Atlantic Ave. offer ocean and pond views and beach access. The property is being marketed as a redevelopment opportunity for a mixed-use, multi-story development.
The owner will consider seller financing.
Key Highlights
- Mixed‑use property with two freestanding buildings near Misquamicut Beach in Westerly, RI
- Current uses include restaurant, retail, residential, and an income‑producing parking lot
- Offers access and visibility to and from the beach and the adjacent pond
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
32
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Conventional restaurant - Mixed-use site with two freestanding buildings and an income-producing parking lot near beach and pond views.
Where is this conventional restaurant located?
The property is located at 298 Atlantic Ave Westerly, RI.
What are key features of this property?
This property features: Mixed‑use property with two freestanding buildings near Misquamicut Beach in Westerly, RI; Current uses include restaurant, retail, residential, and an income‑producing parking lot; Offers access and visibility to and from the beach and the adjacent pond
