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

$199,000
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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Commercial Condominium with Workbenches
Updated: Sep 30
Commercial Condominium with Workbenches

10 Canal Street, Westerly, RI 02891

$150,000
755 sqft 0.65 AC lot
755‑square‑foot commercial condominium, Unit M2
Open layout with workbenches and custom shelving
Half bath, newer mini‑split system, and upgraded electrical
Non‑retail, non‑residential designation; intended use is subject to applicable approvals
Brick Martin House building constructed in 1888
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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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See hot listings in Westerly

Scored against comparables nationwide. These are worth a look.

Scored against comparables nationwide. These are worth a look.

Cap Rate available after sign in
Est. NOI available after sign in
Local Demand available after sign in
Pizza Restaurant with Patio
Pizza Restaurant with Patio

125 Main St, Westerly, RI 02891

$199,000
1,500 sqft

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

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First-Floor Office Unit
First-Floor Office Unit

75 Granite Street, Westerly, RI 02891

Contact for pricing
1,847 sqft

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

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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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Flex Space with Workbenches
Flex Space with Workbenches

10 Canal Street #M2, Westerly, RI 02891

$150,000
755 sqft

An open commercial condominium includes a half bath, mini-split system, and upgraded electrical service.

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Flex Space with Workbenches
Flex Space with Workbenches

M2-10 Canal St, Westerly, RI 02891

$150,000
755 sqft

An open-plan commercial condominium includes a half bath, mini-split system, upgraded electrical, shelving, and workbenches.

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Shopping Center Ground Lease
Shopping Center Ground Lease

96 Cross Street, Westerly, RI 06770

Contact for pricing
5,476 sqft

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

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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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Retail Space at Tri-Road Intersection
Retail Space at Tri-Road Intersection

170 Granite St, Westerly, RI 02891

Contact for pricing
10,800 sqft

Located in Westerly’s center at a well-traveled three-road intersection near Granite and Franklin Streets.

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Turnkey Medical Office Suite
Turnkey Medical Office Suite

11-17 Wells St, Westerly, RI 02891

Contact for pricing
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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Commercial
Commercial

109 Wells St, Westerly, RI 02891

$1,500,000

Commercial land

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

101 Airport Road, Unit 2S, Westerly, RI 02891

Contact for pricing
995 sqft

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

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Office Units with Shared Conference Room
Office Units with Shared Conference Room

85 Beach Street #A, Westerly, RI 02891

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Two office suites offer shared meeting space, included utilities, and on-site off-street parking.

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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

Contact for pricing
1.06 AC lot

1.06 acre retail land site in downtown Westerly.

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Atlantic Ocean Beachfront Inn Opportunity
Atlantic Ocean Beachfront Inn Opportunity

145 Atlantic AV Atlantic Avenue, Westerly, RI 02891

Contact for pricing
0.50 AC lot

Beachfront inn with 23 guest rooms and private balconies.

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Based on your search, we've compiled Potential Opportunities for your consideration. Besides 18 Active Listings in Westerly, RI, we suggest to view alternatives - similar 54 Off-Market properties to explore as potential leads.

Off-Market Properties in Westerly, RI

Consider similar Off-Market properties in Westerly, RI. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

27 Railroad Ave
OFFICE/RESIDENTIAL (MIXED USE)

27 Railroad Ave, Westerly, RI 02891-6020

Estimated value:
$295,000
4,572 sqft 0.17 AC lot
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172 Main St
SHOW ROOM, WAREHOUSE

172 Main St, Westerly, RI 02891

Estimated value:
$305,000
7,326 sqft 0.33 AC lot
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64 Friendship St
OFFICE/RESIDENTIAL (MIXED USE)

64 Friendship St, Westerly, RI 02891-1543

Estimated value:
$285,000
4,275 sqft 0.63 AC lot
View details
114 Granite St
COMMERCIAL (GENERAL)

114 Granite St, Westerly, RI 02891-2488

Estimated value:
$380,000
5.62 AC lot
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29 Railroad Ave
SHOW ROOM, WAREHOUSE

29 Railroad Ave, Westerly, RI 02891-1817

Estimated value:
$295,000
4,867 sqft 0.37 AC lot
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25 Chestnut St
SHOW ROOM, WAREHOUSE

25 Chestnut St, Westerly, RI 02891-2255

Estimated value:
$1,575,000
10,836 sqft 0.87 AC lot
View details

Westerly, RI Commercial Real Estate Market Trends and Statistics

Explore 72 commercial real estate for sale in Westerly, RI, showcased through 18 active listings on our real estate platform. These investment opportunities span a total of 30,650 square feet of properties for sale, with an estimated market value of $4,046,000.

Sale prices for business properties in Westerly, RI start at $150,000, averaging $505,750, and reaching up to $1,500,000 — 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 $664.6K

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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