10 Wagner Road, Westerly, RI 02891

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List Price
$5,495,000
MLS#
1428050
Status
ACTIVE
Type
Commercial
City
Westerly
County
Washington
Year Built
1800

Property Description

A rare opportunity to acquire Shelter Harbor Inn, a distinguished boutique hospitality and event destination along Rhode Island's sought-after southern coastline. Set on approximately 3.41 acres, this exceptional property encompasses three buildings featuring 23 guest rooms, restaurant and bar facilities, a commercial kitchen, and elegant gathering spaces. Rich in New England charm and thoughtfully enhanced through extensive improvements, including a recently renovated event space, the property offers an established foundation for weddings, private celebrations, corporate retreats, and boutique lodging. With its distinctive character, coastal location, and multiple potential revenue streams, Shelter Harbor Inn presents an opportunity to build upon an established hospitality presence or explore a reimagined luxury destination. Located within an MDR-20 residential zoning district with an existing nonconforming hospitality use, the property also offers potential for alternative uses or redevelopment, subject to approvals with buyer due diligence. An exceptional opportunity for hospitality investors, boutique hotel operators, and visionary entrepreneurs. Financial information to be made available to qualified buyers upon proof of funds and execution of an NDA. Buyer to verify all uses and approvals. Also listed as Residential Single-Family on MLS: #1427510

Additional Information

Cooling
Central Air, Ductless, 1 Unit, Wall Unit(s)
Sewer
Septic Tank
Taxes
$20,587
Community Features
Golf, Highway Access, Marina, Near Hospital, Near Schools, Pool, Recreation Area, Restaurant, Tennis Court(s)

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Listing courtesy of Century 21 Shutters & Sails. Contact:

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