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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More Info

Basic Information

Lot Features Suburban
Mls Status Active
Possible Use Commercial, Mixed Use, Retail, Land

Building

Number Of Buildings 1
Year Built1900

Utilities

Waste Water DisposalAvailable, Public Sewer, Public, Storm

Tax Information

Taxes$6,119

Location

Address109 Wells Street
Building Number109
CountyWashington
StateRI
StreetWells Street
TownWesterly
Zip02891

Other

Date Listed10/10/2026

Basic Information

List Price$1,500,000
MLS Number1425672
Modification Date10/21/2026
Property SubTypeCommercial
StatusActive

Property

Acreage1.98
Business TypeOther

Property Information

Approx Lot Square Foot86,166

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Amo Realty - Rhode Island