For Sale
$29,000

101 Bay St Westerly, RI 02891

Prime waterfront retail, 43,560 sq ft lot.

Overview

Added:
Dec 11, 2024
Days on market:
138
This exceptional commercial property at 101 Bay Street, Westerly, Rhode Island, presents a unique seasonal retail opportunity in the desirable Watch Hill area. Situated on a sizable 43,560 square foot lot, this property boasts stunning water views and convenient public parking. The building, constructed in 1940, comprises five structures and offers a versatile 1-unit space ideal for various retail uses. Currently configured as a wide-open space, it's freshly painted and ready for immediate occupancy. The space allows for customization, with the possibility of adding storage, dressing rooms, shelving, and counter space to suit your specific needs. Existing ceiling spot lighting is included. While the building lacks heat and insulation, the use of space heaters and air conditioning units is permitted. The lease is structured for an initial one-year term, followed by a five-year lease. Rental payments are spread across eight months (February 1st to September 1st). A security deposit and proof of insurance are required. Direct access to a back lot and beach area adds significant appeal to this already attractive location. This property is listed at $29,000. The property is zoned for Commercial, Sports/Entertainment, Storefront, Traditional Office, Farm, Amusement (Indoor), Clothing Store, Interior Design, and Real Estate uses.

Highlights

  • Exceptional seasonal retail opportunity in desirable Watch Hill, Westerly, RI.
  • 1-unit, 43,560 sq ft lot with stunning water views & public parking.
  • 1940 building, five structures, freshly painted, ready for immediate occupancy.
  • Versatile 1-unit space, customizable with potential for storage, dressing rooms, shelving, & counters.
  • One-year lease with five-year option; rent paid Feb 1st - Sept 1st; security deposit & insurance required.
  • $29,000 annual rent; zoned for various commercial uses including retail, office, and entertainment.

Property Details for 101 Bay St

Property type
Amusement parks, Specialty properties
Year Built
1940
Buildings
5
Units
1

Location Insight

City
Westerly
County
Washington
State
Rhode Island
Latitude
41.3097806
Longitude
-71.8582912

FAQs

What type of property is this?
Amusement park - Prime waterfront retail, 43,560 sq ft lot.
Where is the amusement park located?
The property is located at 101 Bay St Westerly, RI.
What is the asking price?
The asking price for this property is $29,000.
What are key features of this property?
This property features: Exceptional seasonal retail opportunity in desirable Watch Hill, Westerly, RI.; 1-unit, 43,560 sq ft lot with stunning water views & public parking.; 1940 building, five structures, freshly painted, ready for immediate occupancy.
How can I contact the broker?
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101 Bay St
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