109 Wells St, Westerly, RI 02891
Local realty services provided by:Better Homes and Gardens Real Estate The Shanahan Group
109 Wells St,Westerly, RI 02891
$1,500,000
- 1.98 Acres
- Lots / Land
- Active
Listed by: richard garafola, richard garafola
Office: berkshire hathaway homeservices verani realty
MLS#:73583382
Source:MLSPIN
Price summary
- Price:$1,500,000
About this home
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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Home facts
- Listing ID #:73583382
- Updated:October 09, 2026 at 11:32 AM
Structure and exterior
- Lot area:1.98 Acres
- Lot Features:Curbs & Gutters, Easements, Sidewalks, Storm Drains
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$1,500,000
- Tax amount:$6,433 (2026)
