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$ 2,395,000
Est. payment /mo
Price Dropped by $105K
19 Winnapaug RD Westerly, RI 02891
0.38 Acres Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID 1392750
HOA Y/N No
Year Built 1965
Annual Tax Amount $7,787
Tax Year 2024
Lot Size 0.380 Acres
Property Sub-Type Commercial
Property Description
Sea Shell Motel Prime Misquamicut Beach Investment Offered at $2,500,000 Steps from the Atlantic surf in Rhode Island's most popular beach community, the Sea Shell Motel is a profitable, turnkey hospitality business with on-site living quarters. Property Overview 10 Guest Rooms Clean, comfortable, and identically furnished for efficiency. Each feature two double beds, mini fridge, microwave, dresser, mirrors, showers, and seasonal A/C. Owner/Manager's Quarters Private attached apartment with queen bedroom, kitchen, bath, office space, and laundry. Amenities Granite bath counters, newly paved lot (2023), fountain, hot tub, small dock with 4 kayaks, grills, picnic tables, outdoor shower, Keurig coffee. Operations Security cameras, remote keypads, custom-built online reservation system. Financial Performance 2024 Gross Income: $213,000 Annual Fixed Expenses: $34,073 Location Advantage 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. Investment Highlights Turnkey, proven income, repeat clientele, and the rare opportunity to live and work steps from the beach.
Location
State RI
County Washington
Zoning scg
Interior
Heating Baseboard
Furnishings Furnished
Exterior
Community Features Golf, Near Hospital, Recreation Area, Restaurant, Shopping
Total Parking Spaces 20
Building
Sewer Septic Tank
Water Public
New Construction No
Others
Tax ID 19WINNAPAUGRDWEST
Security Features Carbon Monoxide Detector(s),Fire Alarm,Building Security
Virtual Tour https://tour.RiLiving.com/19-Winnapaug-Road-Westerly-RI-02891
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