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$8,500,000

Rhode Island Waterfront Development Opportuntity

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ACRES

BEDROOMS

BATH
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SQ FT
beach access • fishing • surfing • waterfront

Property description

This is an exclusive - Non- Mls Listing with an address witheld for privacy reasons. Multiple Lots for development in to residential or commercial uses. Discussions with the Town recently have us telling potential investors that the Town would look favorably on abandoning the road between the properties for the right situation. This could add additional development area.
We believe the highest and best use of the site might be an Inn/Wedding venue with a smaller capacity restaurant and bar open to the public. By abandoning the road a large inn could be placed right on yje street side with cottages and parking on the Atlantic ocean side.
Currently, without any variances and with removing the existing structure we are assured 6 buildable single family homesites with the possibility for as many as 8. All will either be direct Oceanfront or with expansive views. Sewer, Water, and Gas on site. A confidentiality agreement will need to be signed for additional information.


Details

Water Facility Features

  • Direct Atlantic Ocean and Narragansett Bay Access and Views. Located at one of the Top Surf Spots on the East Coast. Magnificent Sandy Beaches - EVERYWHERE!


Information deemed reliable, but not guaranteed. Buyer to verify all information


Location

Ocean Rd - Address Witheld, Narragansett, Washington County, Rhode Island, United States


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