109 Wells St Westerly, RI $ 1,500,000
109 Wells St
$ 1,500,000
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109 Wells St

Westerly, RI, 02891
$ 1,500,000
Bedrooms-- Baths0.0

Monthly Estimate*

$ 9,471

109 Wells St, Westerly, RI 02891 - Image 1

Lots and Land for sale in Westerly, RI

for $1,500,000. The lot size is 1.98.

DEVELOPMENT OPPORTUNITY Prime development opportunity at the intersection of Franklin Street and Wells Street in Westerly, Rhode Island.This strategically located property offers an opportunity for developers, investors and builders to pursue a thoughtfully planned residential, commercial or mixed-use project in an established Westerly corridor.A conceptual site plan has been prepared illustrating a potential development incorporating residential/multifamily buildings, professional/office space, parking, internal circulation and landscaped areas. The concept provides a starting point for evaluating the site's development potential while allowing a future purchaser to explore alternative configurations consistent with applicable zoning and municipal approvals.PROPERTY HIGHLIGHTS• Prominent Franklin Street / Wells Street location• Conceptual development plan available• Potential for residential and/or mixed-use development• Professional/office component illustrated in the conceptual plan• Internal parking and circulation shown• Established neighborhood with a combination of residential and commercial uses• Convenient access to downtown Westerly and regional transportation routes• Opportunity for a developer to evaluate and refine the existing concept

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Lots and Land Active

Price

$ 1,500,000

Property Type

Lots and Land

Taxes

$ 6,433

Style

Easements,Curbs & Gutters,Storm Drains,Sidewalks

Lot Size

1.98

Town/City

Westerly

County/Region

Washington

MLS | Web ID

73583382

List By
Richard Garafola

Listing Agent

Berkshire Hathaway Homeservices Verani Realty

Broker

Affordability Calculator

$10,007
Per Month
95%
5%
0%
Monthly Principal & Interest
$9,471
Monthly Property Taxes
$536
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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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Pricing History
DatePricePrice ChangeDescription
9/28/2026$1,500,000 Listed Price

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109 Wells St, Westerly, RI, 02891 is a Lots and Land for sale at $1,500,000 with a lot size of 1.98. 109 Wells St has 0.0 baths. The property's zip code is 02891 which is in Westerly, RI