125 Main Street, Westerly, RI 02891
COMMERCIAL - Westerly, RI
- Added:
- Jun 25, 2026
- Days on Market:
- 3
- Last Refresh:
- Jun 27 at 3:06 pm
Property Features for 125 Main Street
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- DC2
- Parking
- 40
- Security features
- Security
- Interior features
- Ceiling Height (9 to 12 Ft)
- Standard status
- Active
- Size
- 1,500 SF
- Lot size
- 2.26 Acres
Taxes and HOA fees
- Tax Year
- 2023
Utilities
- Heating system
- Natural Gas, Zoned
- Cooling system
- Ductless
Building Details
- Year built
- 1975
- Number of units
- 1
- Building materials
- Brick, Masonry
Listing agent Mark Wright (401) 596-6333
Listing office Coldwell Banker Coastal Homes 29 Post Road, Westerly, RI (401) 596-6333
Listing date Jun 25, 2026
Copyright © 2026 State Wide MLS of Rhode Island, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Commercial pizza business includes all inventory and equipment on premise
- Includes an outside patio for outdoor dining (spring, summer, and fall)
- Zoned natural gas heating system
- Ductless cooling
- Brick and masonry construction
- Ceiling height of 9 to 12 ft
Overview
The business is located at 125 Main Street in Westerly, Rhode Island, in zoning DC2. The listing position is centered on the restaurant use, with the exterior patio feature supporting guest seating options beyond the interior.
For operators seeking an established, restaurant-ready environment, the included equipment and inventory can reduce the time and effort needed to open or re-open. The property’s small footprint may appeal to buyers looking to run a focused foodservice concept, while the patio provides an additional dining area for favorable weather seasons. Prospective buyers should review the included inventory and equipment details during their due diligence to confirm fit for their intended menu and operating model.
Local Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $27.0k | $18.00 |
| − Vacancy | −$1.1k | −$0.76 |
| EGI | $25.9k | $17.24 |
| − OpEx | −$6.5k | −$4.31 |
| NOI | $19.4k | $12.93 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Westerly
- County
- Washington
- State
- Rhode Island
- Longitude
- -71.831489
- Latitude
- 41.373743
