17 Winnapaug Road Westerly, RI $ 1,495,000
17 Winnapaug Road
$ 1,495,000
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17 Winnapaug Road

Westerly, RI, 02891
$ 1,495,000
Baths0.0

Monthly Estimate*

$ 8,954

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Studio

Commercial Property for sale in Westerly, RI

for $1,495,000. This building was built in 1957 on a lot size of 0.17.

Rare opportunity to own two turnkey, long term, established Misquamicut Beach businesses and waterfront property on Winnapaug Pond. Located at the main entrance to Misquamicut. This is a one-of-a-kind business and property that is an iconic Misquamicut attraction. The full retail store called Purple Ape has been owned and operated by one owner since 2004. Misquamicut Beach Jet Ski Rental has been in constant business each season since 1996. Jet Skies and watersports equipment are included in the purchase price. The current owner will show you the ropes and help you get started for the 2025 beach season. Both businesses are profitable with long-term data to back it up. Misquamicut Beach attracts tens of thousands of visitors each year with the longest stretch of beach in Rhode Island, hotels, restaurants and parking. Purple Ape and Misquamicut Beach Jet Ski are perfectly situated at the heart of the beach with the most traffic passing by on car or foot. Additionally, there is an opportunity for a long-term lease of the neighboring property to expand the business as well as a house across the street. Water sports inventory includes. 6 -2023 Yamaha VXC's with 2023 6-2023 Triton Aluminum Jet Ski Trailers 6- hydro bikes 6- single seat kayaks 6- two-person tandem kayaks 4- sea doo two persons paddle boats 10- paddle boards Approx 50 Yamaha life vests 2019 - Can Am Renegade 1000R

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Commercial Active

Price

$ 1,495,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 3,725

Style

Commercial

Lot Size

0.17

Year Built

1957

Town/City

Westerly

County/Region

Washington

MLS | Web ID

1367650

Features
General
Sewer SepticTank
Possession Immediately
Zoning SCG
Security Features ClosedCircuitCameras
Construction Materials Frame
Year Built 1957
Electric CircuitBreakers
Property SubType Commercial
Tax Year 2024
Business Type Recreation
Business Name Purple Ape/Misquamicut Beach Jet Ski
County Washington
New Construction N
Property Type CommercialSale
Home Owner Assoc N
Attached Garage N
Subdivision Name C102
Possible Use Retail
Garage Y/N N
Status Active
City Westerly
View Y/N N
Senior Community Y/N N
NumberOfUnitsTotal 0
Lot Size Units SquareFeet
Lot Size Square Feet 7405.0
Waterfront Y/N N
Carport Y/N N
Land Lease Y/N N
Tax Annual Amount 3725.0
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://tour.RiLiving.com/17-15-Winnapaug-RD-Westerly-RI-02891
Days on Market 10
Standard Status Active
Tax Assessed Value 387300
Tax Lot 273
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Interior
Basement None
Total Stories 0
Basement (Y/N) N
Air Conditioning Y/N N
Heating Y/N N
Fireplace Y/N N
Above Grade Finished Area 0.0
Electric On Property Y/N N
Total Baths 0
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Exterior
Water Source Public
Total Parking 10.0
Lot Size Area 7405.0
Number of Buildings 1
Spa N
Building Area Total 0.0
Lot Size Acres 0.17
Road Surface Type Asphalt
Road Frontage Type CityStreet
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 17
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* Excluded Features
List By
Bhhs New England Properties

Broker

caswellcooke@bhhsne.com

Email

Affordability Calculator

$9,264
Per Month
97%
3%
0%
Monthly Principal & Interest
$8,954
Monthly Property Taxes
$310
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 5.99% 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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Nearby
248553 Elementary School
248554 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
9/3/2024$1,495,000 Listed Price

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17 Winnapaug Road, Westerly, RI, 02891 is a Commercial Property for sale at $1,495,000 with a lot size of 0.17. 17 Winnapaug Road is a studio with 0.0 baths and was built in 1957. The property's zip code is 02891 which is in Westerly, RI