Westerly, RI 02891,1 Bay ST #E
Westerly, RI 02891,1 Bay ST #E
Westerly, RI 02891,1 Bay ST #E
19
$500,000
$549,900
9.1%
Est.Price: ?

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1,200 SqFt

1 Bay ST #E Westerly, RI 02891

Est. payment /mo
SOLD DATE : 11/16/2023

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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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Listed by Mott & Chace Sotheby's Intl.
Bought with Mott & Chace Sotheby's Intl.

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agent

Michael Hannigan

Realtor® | License ID: MA9569074

+1(617) 888-6606

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