CCertihomes
145 Atlantic, Westerly, RI 02891

$7,500,000

0 beds 0 baths Built 2015Active

About this home

Extraordinary opportunity for this Commercial ATLANTIC OCEAN BEACHFRONT property on a coveted half acre of prime real estate. This Beachfront inn, finished construction in 2015 and boasts 23 guest rooms with private baths and PRIVATE BALCONIES overlooking the beauty of the Atlantic Ocean. In addition, there is an additional room for the office greeting guests This BEACHFRONT opportunity is in the coastal retreat of MISQUAMICUT which borders WATCH HILL and WEEKAPAUG. Ideally located a mere 45 MINUTES TO PROVIDENCE TF GREEN AIRPORT. The beautiful town of WESTERLY enjoys a Normal Rockwell Setting Westerly and also has a train station for an easy commute to New York and Boston along with a private AIRPORT The opportunities are endless with this prime piece of BEACHFRONT real estate.

Affordability — calculate your monthly payment

Adjust your budget to see what's left after housing, utilities and transportation. Numbers below assume a 5% down, 30YrJumbo at 4% APR.

Your estimated payment
$81,310/mo

Real estate (PITI + HOA + PMI)
$51,976
Principal + interest$34,016
Property tax + insurance$15,147
PMI / 2nd mortgage$2,813
Utilities
$63,840
Heating + cooling$31,767
Internet + TV + phone$140
Water + sewer + garbage$58
Transportation
$132
Car insurance + maintenance$132
Other (entertainment)
$140
$81,310/mo TLC
Budget$81,810/mo
Remaining after TLC$500/mo
Purchase price
$7,500,000
Down payment
$375,000 (5%)
Loan amount
$7,125,000
APR
4%

Quick facts

Type
Commercial Sale
Style
Year built
2015
Lot size
0.51 ac
Stories
0
Heating
Baseboard
Cooling
Individual Unit, Wall Unit(s)
Water
Connected
HOA
Annual tax
$16,285
MLS #
1351975
County
Washington

At a glance

Waterfront

Home features

Interior
Ceiling Height: 7-9 Ft
Sewer
None

Lot features

Free Standing, Urban

Neighborhood — 02891

MetricThis ZIPCountyUSA
Population21,0411,095,423299,088,112
Population Change Since199011.00%9.00%20.00%
Population Density697994
Male10,145529,266147,432,321
Female10,896566,157151,655,844
Never Married4,498266,40463,775,926
Married9,216435,678123,120,365
Separated73143,64212,639,686
Widowed1,62866,66815,467,586
Divorced1,60883,84323,075,029
Number Of House Hold8,094410,399111,826,380
Average House Hold Size2.562.562.60
Medial Age41.0037.2735.46
Median House Hold Income$49,801$47,553$48,276
Average House Hold Income$67,090$61,609$63,629
P C I$26,267$23,965$24,529
M D I$41,983$40,634$41,133
A T H E$53,001$49,940$50,898
S T R7.00%7.00%
W C J77.07%78.02%77.74%
(Zip) Code
2891

Data via Certihomes neighborhood index. Comparisons across this ZIP, county and the United States.

Map & walkability

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RI & State Wide MLS

Listing information last refreshed 1/31/2024. Provided courtesy of the listing office via RI & State Wide MLS. Information deemed reliable but not guaranteed.