109 wells Street

109 Wells St, Westerly, RI 02891

Accepting Offers
109 wells Street
Asking Price

$1,500,000

109 wells Street

109 Wells St, Westerly, RI 02891

Asset Type: Real Estate

Estate: Fee Simple

Land Area: 1.98 Acres

Number of Units: 1

Property Type: Land

Year Built: 1955

Number of Floors: 1

Property Size: 740 SF

Investment 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

109 wells Street

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.

Sale FAQs

Investment Sales Broker

Richard Garafola

Richard Garafola

Berkshire Hathaway HomeServices of America New England Properties

RI License: RES.0203374

Phone: XXXXXXXXXX

Email: XXXXXXXXXXXXXXXXXXXXXXXXXX

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