Westerly, RI Commercial Real Estate for Sale

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Conventional Restaurant with Outdoor Patio
Updated: Jun 25
Conventional Restaurant with Outdoor Patio

125 Main Street, Westerly, RI 02891

$235,000
1,500 sqft 2.26 AC lot
1,500 SF restaurant building on 2.26 acres
60‑year operating history
Outdoor patio supports seasonal dining
Inventory and equipment included on premises
Brick and masonry construction; built in 1975
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125 Main Street, Westerly, RI 02891

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Waterfront Commercial Land
Updated: May 12
Waterfront Commercial Land

148 Atlantic Avenue, Westerly, RI 02891

$2,900,000
0.73 AC lot
0.73‑acre commercial land parcel in Westerly, RI
Existing 4000+ sq ft frame structure built in 1955
80+ on‑site parking spaces
Directly across from the ocean with views and access to Winnapaug Pond
SCG zoning identified as Shoreline Commercial
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Commercial Land with Route 1 Frontage
Commercial Land with Route 1 Frontage

261 Post Road, Westerly, RI 02891

$849,000
0.92 AC lot

Two adjoining parcels with HC zoning and an existing structure prepared for renovation or redevelopment.

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Coastal Land Ready For Development
Coastal Land Ready For Development

148 Atlantic Avenue, Westerly, RI 02891

$2,900,000
4,000 sqft 0.73 AC lot

Prime coastal property for redevelopment or repositioning in Misquamicut Beach.

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First-Floor Office Unit
First-Floor Office Unit

75 Granite Street, Westerly, RI 02891

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1,847 sqft

Professional workspace supports reception, private offices, conference areas, and additional workstations.

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Remodeled Office/Retail Space
Remodeled Office/Retail Space

25 Railroad Avenue, Westerly, RI 02891

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1,711 sqft

Remodeled open-plan commercial suite with a slider for larger equipment and dedicated parking plus street parking.

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Prime Land in Dunn's Corners
Prime Land in Dunn's Corners

261 Post Road, Westerly, RI 02891

$849,000
0.92 AC lot

0.92 acres with 200+ feet of frontage on Route 1.

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Shopping Center Ground Lease
Shopping Center Ground Lease

96 Cross Street, Westerly, RI 06770

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5,476 sqft

Ground lease includes 10 years remaining and participation in subtenant gross rents.

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Single-Bay Warehouse Unit
Single-Bay Warehouse Unit

10 SPRINGBROOK Road Unit 6, Westerly, RI 02891

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800 sqft

Single-bay 800 SF unit with a 12x10 overhead door, half bath, and gas heat.

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Medical Office Condominium
Medical Office Condominium

35 Wells St, Westerly, RI 02891

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4,143 sqft

Medical office condominium next to Westerly Hospital, offered for sale with a long-term lease in place and options.

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Turnkey Waterfront Retail and Watersports
Turnkey Waterfront Retail and Watersports

17 Winnapaug Road, Westerly, RI 02891

$1,395,000

For sale as a turnkey package with two established businesses and waterfront property on Winnapaug Pond at Misquamicut Beach.

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Manufacturing Building with 20' Clear Heights
Manufacturing Building with 20' Clear Heights

22 Frontage Rd, Westerly, RI 02891

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14,759 sqft 4.89 AC lot

Steel-framed facility with specialized electrical capacity, industrial utilities, and a cannabis cultivation special permit subject to licensing requirements.

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Turnkey Medical Office Suite
Turnkey Medical Office Suite

11-17 Wells St, Westerly, RI 02891

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2,124 sqft

Turnkey 2,124 SF medical suite with exam rooms and plumbing in place, next door to Westerly Hospital.

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NNN-Leased Retail Plaza
NNN-Leased Retail Plaza

167 Granite St, Westerly, RI 02891

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0.60 AC lot

Multi-tenant retail plaza with NNN leases and a lower-level space featuring an overhead door.

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Warehouse Lower Level Storage Space
Warehouse Lower Level Storage Space

267 Post Road, Westerly, RI 02891

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4,500 sqft

4,500+/- sq ft lower-level space with a half bath in the Spindrift Village plaza, suited for storage or online business.

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Pizza Restaurant with Patio
Pizza Restaurant with Patio

125 Main Street, Westerly, RI 02891

$235,000

Well-established pizza business includes inventory and equipment, plus an outdoor patio for seasonal dining.

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Newly Renovated Flex Commercial Building
Newly Renovated Flex Commercial Building

82 Airport Road, Westerly, RI 02891

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3,264 sqft

Newly renovated space with a flexible floor plan that can be divided into up to three units, each with private amenities.

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Seasonal Restaurant with Turnkey Setup
Seasonal Restaurant with Turnkey Setup

227 Post Rd, Westerly, RI 02891

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Turn-key restaurant for sale with 50 seats indoors, 200+ outdoors, and a seasonal April–October operating schedule.

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Office Unit with Pylon Signage
Office Unit with Pylon Signage

101 Franklin Street 1st Flr, Westerly, RI 02891

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1,000 sqft

Second-floor layout includes four offices, reception space, a private bathroom, and zoning supporting varied retail and service uses.

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Retail/Office/Medical Suite with Private Bath
Retail/Office/Medical Suite with Private Bath

267 Post Road, Unit CD, Westerly, RI 02891

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1,500 sqft

Spindrift Village plaza suite with a flexible floorplan, private bathroom, and rear service entrance for retail, office, or medical use.

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Turn-Key Medical Office Suite
Turn-Key Medical Office Suite

101 Airport Road, Unit 1S, Westerly, RI 02891

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995 sqft

First-floor suite with exam rooms and private employee restroom, well suited for orthopedic or other medical practices.

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Mediterranean Villa Estate For Sale
Mediterranean Villa Estate For Sale

325 Post Road, Westerly, RI 02891

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5.00 AC lot

Renovated Mediterranean villa ideal for events and bed and breakfast.

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Retail Land Site in Westerly
Retail Land Site in Westerly

52 Franklin St, Westerly, RI

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1.06 AC lot

1.06 acre retail land site in downtown Westerly.

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Mixed-Use Property with Beach Access
Mixed-Use Property with Beach Access

298 Atlantic Ave, Westerly, RI 02891

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Mixed-use site with two freestanding buildings and an income-producing parking lot near beach and pond views.

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Westerly, RI Commercial Real Estate Market Trends and Statistics

Explore 72 commercial real estate for sale in Westerly, RI, showcased through 28 active listings on our real estate platform. These investment opportunities span a total of 47,619 square feet of properties for sale, with an estimated market value of $9,363,000.

Sale prices for business properties in Westerly, RI start at $235,000, averaging $1,337,571, and reaching up to $2,900,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Demographics Overview

Population 22K
Population Growth (5Y) +2.9%
Median Household Income $90,435
College Educated 59.8%

High-Yield Neighborhoods for Investment

Identify Westerly submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
02891 $324.5K

Taxes & Financing

Tax Rate (average for all types) 1.02%
Property Tax per SF $13.06 per SF
Tax Rate vs County Average 0.23 pp below county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Washington County

New Delisted

Total CRE Inventory on Market (SF)

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