117 Canal Street Westerly, RI $ 900,000
117 Canal Street
$ 900,000
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117 Canal Street

Westerly, RI, 02891
$ 900,000
Baths0.0

Monthly Estimate*

$ 5,541

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Studio

Lots and Land for sale in Westerly, RI

for $900,000. The lot size is 2.89.

Prime opportunity to own nearly 3 acres with 3 fully permitted and approved additional lots at 115, 119, and 121 Canal, plus possible ADU potential and the opportunity for even more future buildable lots. This beautifully updated 3 bedroom ranch combines comfortable single-level living with outstanding investment, development, and expansion potential. Inside, the home features a stunning brand-new kitchen, a newly added bathroom, an additional beautifully renovated bath, a private primary suite, new flooring, and fresh paint throughout, creating a move-in-ready space with modern appeal. Ideally situated within walking distance to downtown and the train station, with easy access to I-95 and just over 10 minutes to Rhode Island's beautiful beaches, this property offers an unbeatable location for homeowners, investors, and developers alike. Whether you are looking for a primary residence, an income-producing opportunity, a possible ADU setup, or a property with significant future development potential, this is a truly unique offering in a highly desirable setting.

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Lots and Land Active

Price

$ 900,000

Bedrooms

Studio

Property Type

Lots and Land

Taxes

$ 4,023

Style

Lot Size

2.89

Town/City

Westerly

County/Region

Washington

MLS | Web ID

1396035

Features
General
Utilities Municipal Utilities Water Connected Water Available
Possession Close Through 45 Days
Development Status Finished Lot(s)
Topography Level
Tax Year 2025
Business Type Residential
Community Features Street Lights Sidewalks
County Washington
Property Type Land
Status Active
City Westerly
Senior Community Y/N false
Zoning Description Residential
Lot Size Units Square Feet
Lot Size Square Feet 125888
Tax Annual Amount 4023
Virtual Tour https://tour.RiLiving.com/117-Canal-Street-Westerly-RI-02891
Standard Status Active
Tax Assessed Value 596100
Tax Lot 29-48
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Interior
Total Stories 0
Total Baths 0
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Exterior
Lot Features Level Wetlands
Water Source Public
Lot Size Area 125888
Lot Size Acres 2.89
Wooded Area 80
Frontage Length 320
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* Excluded Features
List By
Re/Max South County

Broker

ewarner.remax@gmail.com

Email

Affordability Calculator

$5,877
Per Month
94%
6%
0%
Monthly Principal & Interest
$5,541
Monthly Property Taxes
$335
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
0 Elementary School
0 Middle School
Pricing History
DatePricePrice ChangeDescription
4/13/2026$900,000 Listed Price

Map


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117 Canal Street, Westerly, RI, 02891 is a Lots and Land for sale at $900,000 with a lot size of 2.89. 117 Canal Street is a studio with 0.0 baths. The property's zip code is 02891 which is in Westerly, RI