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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.

Highlights

  • Commercial Sale
  • Retail
  • Built in 1955
  • 0.73 Acre Lot
  • 182 days on Market

  • Year Built
    1955
  • Stories
    1.0
  • Construction Materials
    Frame
  • Foundation
    Concrete Perimeter
  • Security Features
    Smoke Detector(s), Fire Sprinkler System, Fire Alarm
  • Cooling
    Ductless, Attic Fan
  • Heating
    Ductless

  • Acres
    0.73
  • Lot Features
    Corner Lot
  • View
    Water
  • Utilities
    Natural Gas Available, Water Connected
  • Water
    Public


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Frequently Asked Questions

How do I schedule a tour of 148 Atlantic Ave?

We can make that happen quickly. Click Tour This Home and we'll connect you directly with our vetted local partner to schedule your visit to 148 Atlantic Ave.

They know commercial sales in the area well and can give you the guidance you need to buy with confidence.

How do I get more information about 148 Atlantic Ave?

Click Ask a Question to talk with our team. You already know it is a N/A bed, N/A bath, listed for $2,900,000. We can talk through recent upgrades, potential seller motivation, how this retail compares to others in Westerly, and can even get you in to see the property quickly.

How do I get a virtual tour of 148 Atlantic Ave?

Yes! A virtual tour is available for 148 Atlantic Ave. Click here to view the full walkthrough and explore every room at your own pace. If you would like a guided virtual showing or have questions along the way, we can connect you with our local expert to walk you through it live.

How much is the monthly mortgage payment for 148 Atlantic Ave?

With a 20% down payment and a 30-year fixed loan at an illustrative 7.25% rate, the ez Mortgage Calculator estimates the monthly payment for 148 Atlantic Ave at around $16,960. This includes estimated property taxes and insurance.

Want to see how this changes with different down payments or interest rates? Jump to the calculator to run the numbers and fine-tune your plan.

How do I get pre-approved to buy 148 Atlantic Ave?

Stand out in a competitive market by getting pre-approved today. Our quick and private pre-approval process helps you understand your true buying power—no credit pull required to explore all of your options.

Or, let us connect you with our preferred local lender in Washington County. They will give you all of your available financing options, based on your specific situation and what is available to you.

Can I negotiate the asking price for 148 Atlantic Ave?

In most cases, yes. Whether 148 Atlantic Ave is priced competitively or not, your best offer depends on your personal situation, the seller's timeline, and recent activity in Westerly's market. Our preferred local partner will help you craft a strategy—factoring in comparable properties that have sold, timing, and deal structure—to make a smart, strong offer. Click here to ask about negotiation opportunities.

How do I make an offer on 148 Atlantic Ave?

We can handle that for you. Our preferred local agent specializes in commercial sales in Westerly and can guide you through every step of the offer process.

You need an expert who is looking out for your best interests. From market valuation to contingencies and timing, they'll help you present a compelling offer that fits your goals. Click Ask a Question to get started today.

How long has this property been on the market?

148 Atlantic Ave was listed on May 11, 2026, which means it's been on the market for 182 days.

Want to keep tabs on it? Click the ♥ to favorite this home and get notified of price drops or changes.

When was this house built?

This home was built in 1955, making it approximately 71 years old.

What is the lot size of this property?

148 Atlantic Ave sits on a 0.73-acre lot, which is 31,799 square feet.

What are the property taxes for 148 Atlantic Ave?

The most recent public record shows annual property taxes for 148 Atlantic Ave were approximately $5,479. This may change with reassessment or exemptions. Our local partner can verify current tax amounts and help you estimate future costs based on your situation.

Is 148 Atlantic Ave still available for sale?

Yes, this home is still available! Click the ♥ to favorite it so you don't miss any changes—or ask our local expert to schedule a time to see it in person.

Source: ez Home Search, MLS Data

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The data relating to real estate for sale on this website comes in part from the IDX Program of the State-Wide Multiple Listing Service, Inc. Real estate listings held by Continental Real Estate Group, Inc are marked with the MLS logo and detailed information about them includes the name of the listing brokers. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of search facilities of data on the site other than by a consumer seeking to purchase real estate is prohibited. Information deemed reliable but not guaranteed. Copyright © 2026 State-Wide MLS, Inc. All Rights Reserved.

Last Updated: November 09, 2026 at 06:07AM | Source: StateWide MLS | MLS#: 1410104