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1 Bay ST #E Westerly, RI 02891
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Key Details
Sold Price $500,000
Property Type Commercial
Sub Type Commercial
Listing Status Sold
Purchase Type For Sale
Square Footage 1,200 sqft
Price per Sqft $416
Subdivision Watch Hill
MLS Listing ID 1325443
Sold Date 11/16/23
HOA Fees $1,046/mo
HOA Y/N No
Abv Grd Liv Area 1,200
Year Built 2016
Annual Tax Amount $5,237
Tax Year 2022
Lot Size 0.670 Acres
Acres 0.67
Property Description
Rare Commercial Condo Available in Watch Hill, RI. This 1,200SqFt Unit was built in 2016 as part of the historical reconstruction of Watch Hill's Lanphear Livery', originally built in 1890. This property is the newest retail construction in Watch Hill, and the 1st building that you see as you enter the Village of Watch Hill! Situated on the NE end of Watch Hill, and strategically located in terms of access to potential clients adjacent to the largest public parking lot in Watch Hill. This unit features an open floor plan, with two public entrances, plus a storage/break room with it's own point of ingress/egress for employees. The unit is currently configured for retail', but is also perfect for professional services such as financial or real estate. The building is a cornerstone of the community and the other current owners in the building are a fine-art gallery and non-profit that holds community and educational events on the premises throughout the year, which adds to the customer traffic. If you are looking for prime retail space within the very special and sought after demographic Watch Hill, RI area, you need to see this space! Watch Hill's status as a travel destination' continues to grow and this is your chance to own a piece of it! (Tenant currently in place for the 2023 season.)
Location
State RI
County Washington
Community Watch Hill
Interior
Heating Central, Zoned
Cooling Central Air
Furnishings Unfurnished
Exterior
Community Features Golf, Highway Access, Marina, Near Hospital, Near Schools, Recreation Area, Shopping, Tennis Court(s), Street Lights, Sidewalks
Utilities Available Municipal Utilities, Phone Available, Underground Utilities, Water Connected
View Y/N Yes
View Water
Street Surface Asphalt,Gravel
Total Parking Spaces 14
Building
Lot Description Historic District
Building Description Frame, Elevator(s),Public Restrooms
Story 3
Foundation Concrete Perimeter, Slab
Sewer Septic Tank
Water Connected, Public
Level or Stories 3
Structure Type Frame
New Construction No
Others
Tax ID 1BAYSTEWEST
Security Features Carbon Monoxide Detector(s),Fire Alarm,Smoke Detector(s),Fire Sprinkler System
Financing Conventional
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Bought with Mott & Chace Sotheby's Intl.