The Grinnell Inn

Hospitality for Sale
Catylist Listing ID: 30422150
Property Subtypes: Bed & Breakfast, Extended Stay, Hotel, Inn, Vacation Rental(s), Other
Number of Units: 8 Units
Building Size (RSF): 3,790 SF
Gross Building Area: See Agent
Gross Land Area: 12,720 SF
Sale Price: $895,000
Unit Price: $111,875 Per Unit
Ceiling: 9 ft.
Property Use Type: Investment
Building Name: The Grinnell Inn
Sale Terms: Purchase Money Mortgage, Owner Financing, Sale/Leaseback, Other
Last Updated: 3/26/2020

Overview / Comments

The Historic Grinnell Inn is now available for the Owner/Investor with expansion possibilities. 6/7 single room Hotel with full Restaurant (Currently serving Mexican cuisine.)... Walk to Narraganset Pier and Town Beach... Room for expansion for owner occupied option... Off street parking... Owner Financing for qualified buyers! Need notice...

Additional Details

Nearest MSA: Providence-Warwick
County: Washington
Taxing Authority: Town of Narragansett
Tax ID/APN: NA C 344 B
Zoning: R-10
Retail Clientele: General, Family, Business, Traveler, Tourist, Recreation
Property Located Between: Wakefield, RI & The Atlantic Ocean...
Property Visibility: Good
Largest Nearby Street: Kingstown Road
Feet of Frontage: 68
Highway Access: Route 1A to Route 1 N/S
Airports: PVD
Nearby Attractions: Walk Narragansett Pier & Town Beach
Total Number of Buildings: 1
Number of Stories: 25
Property Condition: Good
Year Built: 1926
Year Renovated: 2008
Roof Type: Gable
Construction/Siding: Wood Shingle
Total Parking Spaces: 15
Parking Type: Other
Parking Description: Off Street Parking
Sprinklers: Wet
Laundry: Laundromat Nearby
Heat Type: Electricity, Oil
Heat Source: Baseboard
Air Conditioning: Window Unit
Internet Access: Cable
Zoning Description: R-10
Lot Frontage: 68
Lot Depth: 181
Water Service: Municipal
Sewer Type: Municipal
Land Ownership: WARRANTY

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 2,317 21,772 42,800
Median Age: 42.18 42.71 39.12
Households: 1,114 9,171 15,671

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