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    Westerly, RI
    Conventional Restaurant

    Westerly, RI Conventional Restaurants for Sale

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    Brick Masonry Restaurant with Patio
    Updated: Jun 25
    Brick Masonry Restaurant with Patio

    125 Main Street, Westerly, RI 02891

    $235,000
    1,500 sqft 2.26 AC lot
    DC2 zoning
    2.26‑acre lot
    1,500 SF restaurant space
    Outside patio for seasonal outdoor dining
    Brick and masonry construction with 9 to 12 ft ceiling height
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    This listing looks promising.

    Here's a quick look at some key insights for

    125 Main Street, Westerly, RI 02891

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    • Est. Cap Rate

      8.3%
      Above avg (5.9%)

    • Est. NOI

      $19K
      Annual

    • Price @ 7% Cap

      $277K
      Above asking
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    Pizza Restaurant with Patio
    Updated: May 21
    Pizza Restaurant with Patio

    125 Main Street, Westerly, RI 02891

    $235,000
    Pizza business with history dating back 60 years in business
    Includes all inventory and equipment on the premises
    Outdoor patio included for seasonal dining during spring, summer, and fall
    Property built in 1975
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    Seasonal Restaurant with Turnkey Setup
    Seasonal Restaurant with Turnkey Setup

    227 Post Rd, Westerly, RI 02891

    Contact for pricing

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

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

    298 Atlantic Ave, Westerly, RI 02891

    Contact for pricing

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

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 8 Potential Opportunities for your consideration. Besides 4 Active listings in Westerly, RI, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Historic Mixed-Use Waterfront Property
    Historic Mixed-Use Waterfront Property

    109-111 Bank St, New London, CT 06320

    $1,400,000
    7,023 sqft

    Historic mixed-use property in downtown New London's Bank Street district.

    View details
    13 Fort Hill Road, Groton, CT
    13 Fort Hill Road, Groton, CT

    13 Fort Hill Rd, Groton, CT 06340

    $1,800,000
    5,740 sqft 0.56 AC lot

    Unique Specialty Building Now Available for Sale

    View details
    Sushi Restaurant and Residence
    Sushi Restaurant and Residence

    1043 Poquonnock Road, Groton, CT 06340

    $1,200,000
    2,849 sqft 0.39 AC lot

    Front building operates as a sushi restaurant, paired with a separate 5-bedroom, 2-bath residence on one lot.

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    Mixed-Use Building in Downtown
    Mixed-Use Building in Downtown

    53 Bank St, New London, CT 06320

    Contact for pricing
    10,636 sqft

    Mixed-use property with commercial space and apartments in downtown New London.

    View details

    Westerly, RI Conventional Restaurants Market Trends and Statistics

    Explore 4 conventional restaurants for sale in Westerly, RI, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 1,500 square feet of properties for sale, with an estimated market value of $470,000.

    Sale prices for conventional restaurants in Westerly, RI average $235,000 — 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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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Conventional restaurants 5

    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 $235K

    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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