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Property profile & analytics
OFF-MARKET
Specialty properties

125 Main St Westerly, RI 02891

1,500 SF 2.26 ac lot
Property ID
Property summary
AI-generated overview

This exceptional commercial property at 125 Main Street, Westerly, Rhode Island, presents a unique investment opportunity. The 1,500 square foot building sits on a 2.26-acre lot and is currently operating as a highly successful pizza restaurant with a 60-year history in the community. The sale includes all existing inventory and equipment, allowing for a seamless transition for the new owner. The business boasts a loyal customer base and a proven track record of profitability. The property's features extend beyond the main building, including an outdoor patio area perfect for al fresco dining during the warmer months. Located in the heart of Westerly, this property benefits from high visibility and convenient access. The asking price is $324,000. This is a rare chance to acquire a well-established, profitable business with significant growth potential in a desirable location. The property is zoned for commercial use and offers a unique blend of established business and real estate investment. The sale includes all fixtures, equipment, and inventory currently used in the operation of the pizza restaurant. This turnkey operation is ready for a new owner to step in and continue the legacy of success. Don't miss this opportunity to own a piece of Westerly's culinary history.

Property profile
Verified
Property type Specialty properties
Total area 1,500 SF
Lot 2.26 ac (98,446 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Midway Pizza House Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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