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1 Bay Street Unit: E

$500,000
1 Bay Street E, Westerly, RI 02891
1 Bay Street Unit: E

1 Bay Street Unit: E

$500,000

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.)
Geb Masterson
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Features & Amenities

Exterior

Stories 3
Water Source Connected, Public
Utilities Municipal Utilities, Phone Available, Underground Utilities, Water Connected
Lot Features Historic District
Heat type Central, Zoned
Air Conditioning Central Air
Sewer Septic Tank
Substructure Concrete Perimeter, Slab
Security Features Carbon Monoxide Detector(s), Fire Alarm, Smoke Detector(s), Fire Sprinkler System

Area & Lot

Status Sold
LIVING SPACE 1,200 Sq.Ft.
LOT SIZE 0.67 Acres
MLS® ID 1325443
Type Commercial
Year Built 2016
Neighborhood Watch Hill
View Description Water

Financial

SALES PRICE $500,000
REAL ESTATE TAXES $5,238/yr
HOA Fees $1,046/mo
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Watch Hill

Watch Hill

This coastal gem, renowned for its breathtaking views and historic significance.

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Having grown up in the Watch Hill area, Geb has a deep understanding of the local real estate landscape, neighborhoods, culture, and attractions.

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