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    Westerly, RI
    Waterfront

    Westerly, RI Waterfront Land for Sale

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    Stonington, CT Hopkinton, RI Charlestown, RI
    Coastal Corner Redevelopment Site
    Updated: May 12
    Coastal Corner Redevelopment Site

    148 Atlantic Avenue, Westerly, RI 02891

    $2,900,000
    0.73 AC lot
    Prime .73 acre location in the heart of Misquamicut Beach, directly across from the ocean with views and access to Winnapaug Pond.
    Rare opportunity for redevelopment or repositioning in a high‑demand coastal area with limited commercial inventory.
    Shoreline Commercial zoning allows for a variety of uses including restaurants, entertainment, or hospitality concepts.
    Existing 4000+ sq ft structure with multiple indoor and outdoor areas and bar space.
    80+ on‑site parking spaces, providing additional income potential.
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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 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.

    Waterfront Land in Stonington
    Waterfront Land in Stonington

    82 Cove Rd, Stonington, CT 6378

    $2,275,000
    1.00 AC lot

    Rare waterfront lot with cove access in prime location.

    View details
    Waterfront Land on Quiambaug Cove
    Waterfront Land on Quiambaug Cove

    88 Cove Road, Stonington, CT 6378

    $2,475,000
    1.18 AC lot

    Rare 1.18-acre waterfront property with 372 feet of frontage.

    View details
    Waterfront Land with Cottage
    Waterfront Land with Cottage

    853 W Beach, Charlestown, RI 2813

    $975,000

    Two parcels with water views and access to Quonochontaug Pond.

    View details
    Waterfront Land with Cottage
    Waterfront Land with Cottage

    853 W Beach, Charlestown, RI 2813

    $1,150,000
    0.32 AC lot

    Waterfront land with views and access to Quonochontaug Pond.

    View details

    Westerly, RI Waterfront Land Market Trends and Statistics

    Explore 1 waterfront land for sale in Westerly, RI on our real estate platform. These investment opportunities span a total of 0 square feet of properties for sale, with an estimated market value of $2,900,000.

    Sale prices for water rights properties in Westerly, RI start at $2,900,000, averaging $2,900,000, 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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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Commercial land 6
    Industrial land 1
    Waterfront Land 1
    Residential land & home lots 1

    Demographics Overview

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

    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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