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For Sale property id: 78508435
USD 2,500,000 Mortgage Calculator
USD 2,500,000
19 Winnapaug Road, Westerly, Rhode Island, United States
  • Completion Year
    1965

Description

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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