148 Atlantic Avenue, Westerly, RI 02891

$2,900,000

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List Price
$2,900,000
Status
ACTIVE
MLS#
1410104
Price Change
▼ $350,000 1782938697
Year Built
1955
Acres
0.73
Subdivision
Misquamicut Beach

Property Description

RARE COASTAL CANVAS READY FOR ITS NEXT CHAPTER At the crossroads of ocean energy and coastal charm, this prominent Misquamicut Beach property offers a unique opportunity to shape the next iconic destination. A .73 acre parcel in the heart of Misquamicut Beach with 80+ on-site parking spaces. High visibility corner location directly across from the ocean with views and access to Winnapaug Pond. A combination that is increasingly rare to find along the coast. Former hospitality property featuring an existing 4000+ sq ft structure with multiple indoor and outdoor areas and bar space. Ideal for redevelopment or repositioning. Shoreline Commercial zoning allows for a variety of uses including restaurants, entertainment, or hospitality concepts. Surrounded by hotels, beach cottages, and strong seasonal traffic. Parking provides additional income. OPPORTUNITIES LIKE THIS ARE EXCEPTIONALLY RARE - this is your chance to transform a legacy site into one of the shoreline's next defining destinations. Property is being sold as is. This area continues to experience strong demand driven by tourism, events, and limited commercial inventory. Whether transformed into a refined beachside restaurant, boutique hospitality destination, or vibrant entertainment venue, the possibilities are as expansive as the setting itself. COME WRITE THE NEXT CHAPTER.

Additional Information

Taxes
$5,479
Lot Size
31,799
Heating
Ductless
Cooling System Type
Attic Fan, Ductless
Sewer
Cesspool
Water Source
Connected, Public
Parking Spaces
85

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Calculator source: Real Geeks

Listing courtesy of RE/MAX South County. Contact:

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