10 Wagner RD, Westerly, RI 02891
10 Wagner RD, Westerly, RI 02891
10 Wagner RD, Westerly, RI 02891
10 Wagner RD, Westerly, RI 02891
10 Wagner RD, Westerly, RI 02891
10 Wagner RD, Westerly, RI 02891
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$ 5,495,000
Est. payment | /mo

3.41 Acres Lot


$ 5,495,000
Est. payment | /mo

3.41 Acres Lot

Key Details

Property Type Commercial

Sub Type Commercial

Listing Status Active

Purchase Type For Sale

MLS Listing ID 1428050

Style Bungalow,Cabin,Colonial,Historic/Antique,Tri-Level

HOA Y/N No

Year Built 1800

Annual Tax Amount $20,587

Tax Year 2025

Lot Size 3.410 Acres

Acres 3.41

Property Sub-Type Commercial

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

Location

State RI

County Washington

Zoning MDR20

Rooms

Basement Full

Interior

Heating Baseboard, Ductless, Heat Pump, Individual

Cooling Central Air, Ductless, 1 Unit, Wall Unit(s)

Inclusions Property is being sold "as-is, where-is", all items convey with the exception of the generator, espresso machine and dishwasher, which are leased.

Exterior

Community Features Golf, Highway Access, Marina, Near Hospital, Near Schools, Pool, Recreation Area, Restaurant, Tennis Court(s)

Total Parking Spaces 60

Building

Lot Description Historic District

Story 2

Foundation Combination

Sewer Septic Tank

Water Public

Architectural Style Bungalow, Cabin, Colonial, Historic/Antique, Tri-Level

Level or Stories 2

Structure Type Frame

New Construction No

Listed by Century 21 Shutters & Sails

Schools and Properties Nearby

Carla Zimmerman

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10 Wagner RD