For Sale
$1,495,000

17 Winnapaug RdWesterly, RI 02891

Iconic Beachfront Businesses, Huge Potential

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional offering presents a rare opportunity to acquire two established, profitable businesses and a prime waterfront property in Misquamicut, Rhode Island. Located at the main entrance to Misquamicut Beach, this iconic location boasts high visibility and significant foot and vehicle traffic. The property includes a 7,405 square foot lot with a single building constructed in 1957. The "Purple Ape" retail store, operating successfully since 2004, is included in the sale, along with the established Misquamicut Beach Jet Ski Rental, operating continuously since 1996. The sale price includes all water sports equipment, encompassing six 2023 Yamaha VXC jet skis with trailers, six hydro bikes, twelve kayaks (six single and six tandem), four two-person paddle boats, ten paddle boards, approximately fifty life vests, and a 2019 Can-Am Renegade 1000R. Detailed financial records demonstrating profitability are available for both businesses. The current owner is prepared to provide training and support for a smooth transition to the new owner for the 2025 season. Further expansion potential exists through a possible long-term lease of an adjacent property and a house across the street. This turnkey operation presents a unique investment opportunity in a high-demand tourist destination, benefiting from the tens of thousands of annual visitors to Misquamicut's extensive beach. The asking price for this exceptional package is $1,495,000.

Property Details for 17 Winnapaug Rd

Property type
Retail properties, Land
Year Built
1957
Buildings
1

Location Insight

City
Westerly
County
Washington
State
Rhode Island
Latitude
41.3234296
Longitude
-71.8100879
17 Winnapaug Rd, Westerly, Rhode Island

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
17 Winnapaug Rd
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message