328 Atlantic Avenue Westerly, RI $ 3,900,000
328 Atlantic Avenue
$ 3,900,000
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328 Atlantic Avenue

Westerly, RI, 02891
$ 3,900,000
Baths0.0 Sq 6,314

Monthly Estimate*

$ 25,921

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Studio

Commercial Property for sale in Westerly, RI

for $3,900,000. This 6,314 square foot building was built in 1920 on a lot size of 5.

DEVELOPERS TAKE NOTICE. Prime 5+ acre development land, with 9,541 square ft building. Previous use was Water Wizz water park. Suggested development would be motel, hotel, condos, etc. Please see all attachments for any additional information. Free access to free public beach + amenities

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Commercial Pending

Price

$ 3,900,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 14,383

Style

Commercial

Lot Size

5

Year Built

1920

Town/City

Westerly

County/Region

Washington

MLS | Web ID

1323032

Features
General
Sewer SepticTank
Construction Materials Frame
Year Built 1920
Electric Item100AmpService
Stories 2
Levels Two
Property SubType Commercial
Tax Year 2022
Business Type HotelMotel Mixed Retail
County Washington
New Construction N
Property Type CommercialSale
HOA / Comm Assn N
Attached Garage N
Garage Y/N N
Status Pending
City Westerly
View Y/N N
Senior Community Y/N N
NumberOfUnitsTotal 1
Lot Size Units SquareFeet
Lot Size Square Feet 217800.0
Waterfront Y/N N
Carport Y/N N
Street Name Atlantic
Property Attached Y/N N
Land Lease Y/N N
Tax Annual Amount 14383.02
Home Warranty Y/N N
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Virtual Tour https://youtu.be/WHIRoalYBsU
Days on Market 513
Standard Status Pending
Tax Assessed Value 1504500
Tax Lot 19
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Exterior
Total Parking 0.0
Lot Size Area 217800.0
Number of Buildings 1
Spa N
Building Area Total 6314.0
Lot Size Acres 5.0
Road Surface Type Asphalt
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Interior
Total Stories 2
Basement (Y/N) N
Air Conditioning Y/N N
Heating Y/N N
Fireplace Y/N N
Above Grade Finished Area 6314.0
Street Suffix Avenue
Electric On Property Y/N N
Total Baths 0
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Internal Only
Street Number 1 328
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* Excluded Features
List By
Keller Williams Leading Edge

Broker

imcommercial@yahoo.com

Email

Affordability Calculator

$27,119
Per Month
96%
4%
0%
Monthly Principal & Interest
$25,921
Monthly Property Taxes
$1,199
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
248553 Elementary School
248554 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
2/17/2023$3,900,000 -13.33% Price Down
11/3/2022$4,500,000 Listed Price

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328 Atlantic Avenue, Westerly, RI, 02891 is a Commercial Property for sale at $3,900,000 with 6,314 sqft and a lot size of 5. 328 Atlantic Avenue is a studio with 0.0 baths and was built in 1920. The property's zip code is 02891 which is in Westerly, RI