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109 Wells Street Westerly, RI $ 1,500,000
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$ 1,500,000 Get more info
109 Wells Street
$ 1,500,000
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109 Wells Street

Westerly, RI, 02891
$ 1,500,000
Bedrooms-- Baths--

Monthly Estimate*

$ 10,360

109 Wells Street, Westerly, RI 02891 - Image 1
109 Wells Street, Westerly, RI 02891 - Image 2

Commercial Property for sale in Westerly, RI

for $1,500,000. This building was built in 1900 on a lot size of 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.

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Commercial Active

Price

$ 1,500,000

Property Type

Commercial

Taxes

$ 6,119

Style

Lot Size

1.98

Year Built

1900

Town/City

Westerly

County/Region

Washington

MLS | Web ID

1425672
Features
General
Sewer Public Sewer Storm Sewer
Utilities Sewer Available
Construction Materials Other
Year Built 1900
Electric None
Property Subtype Commercial
Tax Year 2025
Business Type Other
Community Features High Traffic Location
County Washington
New Construction false
Property Type Commercial Sale
Possible Use Commercial Mixed Use Retail
Status Active
City Westerly
Number Of Units Total 0
Lot Size Units Square Feet
Lot Size Square Feet 86166
Land Lease Y/N false
Tax Annual Amount 6119
Standard Status Active
Tax Assessed Value 786500
Tax Lot 25
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Interior
Total Stories 0
Total Baths 0
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Exterior
Total Parking 0
Lot Size Area 86166
Number of Buildings 1
Building Area Total 0
Lot Size Acres 1.98
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* Excluded Features
List By
Bhhs New England Properties

Broker

richardgarafola@gmail.com

Email

Affordability Calculator

$10,870
Per Month
95%
5%
0%
Monthly Principal & Interest
$10,360
Monthly Property Taxes
$510
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% 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
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Pricing History
DatePricePrice ChangeDescription
10/10/2026$1,500,000 Listed Price

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109 Wells Street, Westerly, RI, 02891 is a Commercial Property for sale at $1,500,000 with a lot size of 1.98. 109 Wells Street was built in 1900. The property's zip code is 02891 which is in Westerly, RI

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