19 Winnapaug Road, Westerly, RI 02891
sale
$2,395,000
|
Other
Courtesy Of BHHS New England Properties
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.
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Property Features
- Age: Over 50 Years Old
- Amenities: Security System
- Heating System: Baseboard
- MLSID: 1392750
- Parking Spaces: 20
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