148 Atlantic AVE, Westerly, RI 02891
148 Atlantic AVE, Westerly, RI 02891
148 Atlantic AVE, Westerly, RI 02891
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$2,900,000
Est. payment /mo
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0.73 Acres Lot
Pending

148 Atlantic AVE Westerly, RI 02891

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Eric Coury

Eric Coury

Keller Williams Elite

+1(508) 838-6956

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Key Details

Property Type Commercial

Sub Type Commercial

Listing Status Pending

Purchase Type For Sale

Subdivision Misquamicut Beach

MLS Listing ID 1410104

HOA Y/N No

Year Built 1955

Annual Tax Amount $5,479

Tax Year 2025

Lot Size 0.730 Acres

Acres 0.73

Property Sub-Type Commercial

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.

Location

State RI

County Washington

Community Misquamicut Beach

Zoning SCG

Interior

Heating Ductless

Cooling Attic Fan, Ductless

Exterior

Community Features Golf, Highway Access, Near Hospital, Near Schools, Pool, Recreation Area, Restaurant, Shopping, Tennis Court(s), Waterfront, Sidewalks

Utilities Available Natural Gas Available, Water Connected

View Y/N Yes

View Water

Street Surface Asphalt,Paved

Total Parking Spaces 85

Building

Lot Description Corner Lot

Building Description Frame, Public Restrooms

Foundation Concrete Perimeter

Sewer Cesspool

Water Connected, Public

Structure Type Frame

New Construction No

Others

Tax ID 148ATLANTICAVWEST

Security Features Fire Alarm,Fire Sprinkler System,Smoke Detector(s)

Virtual Tour https://tour.RiLiving.com/148-Atlantic-Avenue-Westerly-RI-02891

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Tricia Coury
Tricia Coury

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+1(508) 838-6956 | tricia@triciacoury.com

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By checking this box, I agree by electronic signature to the Electronic Disclosure Consent Agreement; to receive recurring marketing communication from or on behalf of Keller Williams Elite, including auto-dialed calls, texts, and artificial/prerecorded voice messages (message frequency varies; data rates may apply; reply "STOP" to opt-out of texts or "HELP" for assistance); and to the Terms of Service and Privacy Policy of this website. Consent not required to make a purchase. I understand that I can call to obtain direct assistance.