10 Canal Street M2 Westerly, RI $ 150,000
10 Canal Street M2
$ 150,000
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10 Canal Street M2

Westerly, RI, 02891
$ 150,000
Bedrooms-- Baths-- Sq 755

Monthly Estimate*

$ 947

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Commercial Property for sale in Westerly, RI

for $150,000. This 755 square foot building was built in 1888.

Fantastic opportunity to own a commercial condominium in the heart of vibrant downtown Westerly! Located within the iconic Martin House, this unique 755-square-foot commercial condo offers a rare opportunity to own rather than lease your workspace. The building underwent an extensive renovation, creating a distinctive setting designed to accommodate both residential and commercial condominium ownership within the property. Unit M2 features a half bath, newer mini-split system, upgraded electrical, custom shelving, workbenches, and a versatile open layout ready to suit a variety of potential uses. Whether you're seeking a workshop, private office, studio, dedicated storage space, or another approved commercial use, this unit offers plenty of possibilities to make the space your own. Enjoy a convenient downtown location close to Westerly's shops, restaurants, amenities, and Amtrak station, with Watch Hill and Mystic just a short drive away and easy access to both Boston and New York. A unique opportunity to own a manageable commercial space in one of Westerly's distinctive historic buildings. Unit is designated for non-retail, non-residential use, and any intended use is subject to applicable approvals.

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Commercial Active

Price

$ 150,000

Property Type

Commercial

Taxes

$ 435

Style

Year Built

1888

Town/City

Westerly

County/Region

Washington

MLS | Web ID

1424502

Features
General
Sewer Connected
Heating Ductless Forced Air
Cooling Central Air Ductless
Utilities Natural Gas Available Natural Gas Connected Sewer Connected
Possession Close Plus 45 to 90 Days Close Through 45 Days Negotiable
Security Features Carbon Monoxide Detector(s) Fire Alarm 24 Hour Security Key Card Entry Smoke Detector(s) Building Security Fire Sprinkler System
Construction Materials Brick
Year Built 1888
Electric 150 Amp Service
Stories Count 4
Unit Number M2
Property Subtype Commercial
Tax Year 2026
Business Type Accounting Hobby Professional/Office
Community Features Highway Access Near Hospital Near Schools Other Pool Public Transportation Recreation Area Restaurant Shopping Tennis Court(s) Sidewalks
Building Name The Martin House
County Washington
New Construction false
Property Type Commercial Sale
Subdivision Name Martin House
Possible Use Investment Office
Building Features Elevator(s)
Status Active
City Westerly
Number Of Units Total 1
Lot Size Units Square Feet
Lot Size Square Feet 28342
Property Attached Y/N false
Land Lease Y/N false
Tax Annual Amount 435.89
Lease Renewal Y/N false
Lease Considered Y/N false
Virtual Tour https://tour.RiLiving.com/10-Canal-Street-M2-Westerly-RI-02891
Standard Status Active
Occupancy Type Owner
Tax Assessed Value 52900
Tax Lot 23
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Interior
Basement Full
Furnished Y/N Unfurnished
Total Stories 4
Basement (Y/N) true
Air Conditioning Y/N true
Heating Y/N true
Total Baths 0
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Exterior
Lot Features Historic District
Water Source Connected
Total Parking 1
Lot Size Area 28342
Foundation Details Concrete Perimeter
Number of Buildings 1
Building Area Total 755
Road Surface Type Asphalt
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* Excluded Features
List By
Residential Properties Ltd.

Broker

cwass@residentialproperties.com

Email

Affordability Calculator

$983
Per Month
96%
4%
0%
Monthly Principal & Interest
$947
Monthly Property Taxes
$36
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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Nearby
0 Elementary School
0 Middle School
Pricing History
DatePricePrice ChangeDescription
9/30/2026$150,000 Listed Price

Map


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10 Canal Street M2, Westerly, RI, 02891 is a Commercial Property for sale at $150,000 with 755 sqft. 10 Canal Street M2 was built in 1888. The property's zip code is 02891 which is in Westerly, RI