Overview
- Updated On:
- September 24, 2024
Description
Extraordinary opportunity for this Commercial ATLANTIC OCEAN BEACHFRONT property on a coveted half acre of prime real estate. This Beachfront inn, finished construction in 2015 and boasts 23 guest rooms with private baths and PRIVATE BALCONIES overlooking the beauty of the Atlantic Ocean. In addition, there is an additional room for the office greeting guests This BEACHFRONT opportunity is in the coastal retreat of MISQUAMICUT which borders WATCH HILL and WEEKAPAUG. Ideally located a mere 45 MINUTES TO PROVIDENCE TF GREEN AIRPORT. The beautiful town of WESTERLY enjoys a Normal Rockwell Setting Westerly and also has a train station for an easy commute to New York and Boston along with a private AIRPORT The opportunities are endless with this prime piece of BEACHFRONT real estate.
Address: 145 Atlantic Avenue
City: Westerly
Area: Misquamicut Beach Front
State/County: Washington
Zip: 02891
Country: US
Open In Google Maps Property Id : 390992
Price: $ 7,500,000
Property Lot Size: 1 ft2
Basement: None
Bridge Modification Timestamp: 2024-09-24T13:38:39.265Z
Building Area Total: 0
Building Features: Elevator,Laundry Room,Security Lights
Building Name: Misquamicut Beachfront Inn
Business Name: MISQUAMICUT BEACHFRONT INN
Business Type: Hotel/Motel
Cap Rate: 0
Community Features: Golf,Highway Access,Hospital,Marina,Private School,Public School,Railroad,Restaurants,Schools,Shopping,Near Swimming,Tennis
Contract Status Change Date: 2024-01-30
Cooling: Individual Unit,Wall Unit(s)
Electric: Circuit Breakers
Electric Expense: 0
Foundation Details: Pillar/Post/Pier
Fuel Expense: 0
Furnished: Furnished
Gas: Connected
Heating: Baseboard
Insurance Expense: 0
Laundry Features: Common Area,In Building
List Agent Direct Phone: 401-742-1225
List Agent Email: lori.joyal@liladelman.com
List Agent Full Name: Lori Joyal
Listing Contract Date: 2024-01-30
Listing Id: 1351975
Living Area Units: Square Feet
Lot Features: Free Standing,Urban
Lot Size Area: 22216
Lot Size Square Feet: 22216
Lot Size Units: Square Feet
Maintenance Expense: 0
Mls Status: Active
Modification Timestamp: 2024-09-24T13:33:39.240Z
Net Operating Income: 0
New Taxes Expense: 0
Number Of Buildings: 1
Number of Units in Community: 0
Number of Units Total: 1
Occupant Type: Owner
Original Entry Timestamp: 2024-01-31T02:27:16.180Z
Original List Price: 7500000
Other Expense: 0
Ownership Type: LLC
Parking Total: 26
Possible Use: Commercial
Road Frontage Type: High Traffic,Municipal
Road Surface Type: Blacktop
Security Features: Fire Alarm,Smoke Detector(s)
Sewer: None
State or Province: RI
Status Change Timestamp: 2024-01-31T02:27:16.180Z
Stories Total: 3
Street Name: Atlantic
Street Number: 145
Street Suffix: Avenue
Structure Type: Livable
Tax Annual Amount: 16285
Tax Year: 2023
Utilities: Electricity Connected,Gas Available,Municipal Water
View: Water
Water Source: Connected
Waterfront Features: Waterfront
Year Built: 2015
Year Established: 2015
Years Current Owner: 25
Other Features
Ceiling Height: 7-9 Ft
Electrical Utility Available
Has Cooling System
Has Heating System
Has Waterfront
$ 29,078.98
per month- Principal and Interest
- Property Tax
- HOA fee
$ 29,078.98
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