19 Winnapaug Road Westerly

$2,395,000
16,553 sq ft

The Property

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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Contact Associate

Listing Details

MLS Number

1392750

Lot Size:

0.38 acres

Features

  • Restrooms
  • Security
  • Golf
  • Hospital
  • Interstate
  • Recreational Facilities
  • Restaurants
  • Shopping
  • Near Swimming
  • Heating: Baseboard
  • Heating Fuel: Baseboard
  • Free Standing
  • Year Built: 1965

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Market Trends for Commercial Properties
in Westerly

  • Overview
    Homes for Sale Today18-87.8% decrease in inventory
    New on Market *2-60% decrease in new listings
    Avg. Asking Price/Sq.Ft. *$155.18$154 increase in List Price/Sq.Ft.
    Avg. Sale Price *$0$665,000 decrease in Avg. Sale Price
    Avg. Sale Price as % of Asking Price *%-100% decrease in Sales to List Price
    Avg. Sale Price/Sq.Ft. *$0.00$0 increase in Sale Price/Sq.Ft.
    Avg. Days on Market of Sold *180 decrease in days on market

    * All data is calculated based on the last 30 days

  • Avg. Sale Price
  • Avg. Days on the Market
  • New Market Inventory
  • Lila's Estimate

    Realtors Property Resource

    This is an estimate home valuation provide by RPR. It is based on RPR’s estimate market value and not an appraisal. You can use it as a starting point on the home’s value.

    ...

    Zillow

    This is an estimate home valuation provide by Zillow. It is based on Zillow’s estimate market value and not an appraisal. You can use it as a starting point on the home’s value.

    Real value?

    Contact Us

    Online estimates take you only so far. One of our associates can give you a market analysis of what your homes value.

Listed by Bhhs New England Properties

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