For Sale
$7,500,000

145 Atlantic Ave Atlantic AveWesterly, RI 02891

Oceanfront Inn, 23 Rooms, Prime Location

Overview

Added:
Dec 11, 2024
Days on market:
115
This exceptional beachfront inn presents a lucrative investment opportunity. Located at 145 Atlantic Avenue in Westerly, Rhode Island (zip code 02891), this 2015-built property sits on a desirable 22,216 square foot lot. The three-story building features 23 guest rooms, each complete with a private bath and private balcony offering stunning Atlantic Ocean views. An additional office space is available for guest services. The inn's prime location in Misquamicut, bordering Watch Hill and Weekapaug, provides easy access to the coastal charm of Rhode Island. Conveniently situated just 45 minutes from T.F. Green Airport in Providence, this property also benefits from Westerly's train station, offering convenient commuting options to New York and Boston. The town of Westerly itself boasts a quaint, appealing atmosphere and also has a private airport. This unique property offers significant potential for growth and return on investment in a highly sought-after coastal location. The asking price is $7,500,000.

Highlights

  • Exceptional beachfront inn investment opportunity in Westerly, RI.
  • 2015-built, three-story building on a 22,216 sq ft lot at 145 Atlantic Avenue, Westerly, RI 02891.
  • Features 23 guest rooms, each with a private bath and private balcony offering ocean views, plus an office.
  • Prime Misquamicut location, near Watch Hill and Weekapaug, 45 minutes from T.F. Green Airport.
  • Convenient access to Westerly train station and a private airport; $7,500,000 asking price.

Property Details for 145 Atlantic Ave Atlantic Ave

Property type
Land, Hospitality properties
Year Built
2015
Buildings
1
Stories
3
Units
1

Location Insight

City
Westerly
County
Washington
State
Rhode Island
Latitude
41.3218895
Longitude
-71.8101806
145 Atlantic Ave Atlantic Ave, Westerly, Rhode Island

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145 Atlantic Ave Atlantic Ave
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