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About This Home

This 0-bedroom, 0-bathroom commercial at 148 Atlantic Avenue in Westerly, RI is listed for $3,250,000. Built in 1955, on a 0.73 acres lot.

Agent 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.

Key Features

  • Built in 1955
  • 0.73 acre lot
  • 85 parking spaces
  • Waterfront

Property Details

1 story
85 spaces
1955

Amenities

WaterfrontViewA/C

Monthly Cost Estimate

$17,382/mo

20% down · 6.5% · 30 years

Principal$2,350
Interest$14,083
Insurance$948

Estimates only. Actual payments may vary.

Location

148 Atlantic Avenue

Westerly, RI 02891

Misquamicut Beach

Features & Amenities

Interior Features

Ceiling Height (9 to 12 Ft)

Property Details

Construction

Frame

Views

Water

Cooling

Attic Fan

Questions & Answers

This 0-bedroom, 0-bathroom commercial at 148 Atlantic Avenue is listed at $3,250,000. The estimated monthly payment is $14,083 based on 20% down at 6.5% interest.

Key features include: Built in 1955, 0.73 acre lot, 85 parking spaces, Waterfront. Interior Features: Ceiling Height (9 to 12 Ft).

This property is listed by Cindy Moran and can be reached at (401) 596-2067 or cmoran2403@gmail.com.

CM

Cindy Moran

Agent at Re/Max South County

(401) 596-2067

Listed by Re/Max South County

MLS# 1410104· Source: listhub· Updated 20 days ago

Copyright © 2026 State Wide MLS of Rhode Island, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

148 Atlantic Avenue, Westerly, RI 02891

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