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    Westerly, RI
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    Westerly, RI Restaurants 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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    Pizza Restaurant with Patio
    Updated: Jul 9
    Pizza Restaurant with Patio

    125 Main St, Westerly, RI 02891

    $199,000
    1,500 sqft
    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
    View details
    See hot listings in Westerly

    Scored against comparables nationwide. These are worth a look.

    Scored against comparables nationwide. These are worth a look.

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    Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 2 Active listings in Westerly, RI, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

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

    Mixed-Use Property with Restaurant
    Mixed-Use Property with Restaurant

    1043 Poquonnock Rd, Groton, CT 06340

    $1,200,000
    2,849 sqft

    The offering combines a sushi restaurant business with a separate five-bedroom residence and detached garage.

    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
    Mixed-Use Property with Tavern Building
    Mixed-Use Property with Tavern Building

    5153 Old Post Road, Charlestown, RI 02813

    $1,950,000
    2,688 sqft 2.71 AC lot

    The property combines commercial space, a yoga studio tenant, and a four-unit apartment component.

    View details
    Historic Four-Unit Quadplex
    Historic Four-Unit Quadplex

    5153 Old Post Road, Charlestown, RI 02813

    $1,950,000
    2,688 sqft 2.71 AC lot

    Separate legal apartment building with seven bedrooms and an established yoga studio tenant.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    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.

    View details
    Commercial Land Near Shopping Center
    Commercial Land Near Shopping Center

    61-65 Town St, Norwich, CT 06360

    $795,000
    0.71 AC lot

    Three lots totaling 0.71 acres in a commercial zone.

    View details
    Commercial Land with Road Frontage
    Commercial Land with Road Frontage

    4000 Quaker Lane, North Kingstown, RI 02852

    $399,000
    1.71 AC lot

    Heavy Business-zoned parcel with public water and access to gas and three-phase power.

    View details
    High-Traffic Corner Commercial Land
    High-Traffic Corner Commercial Land

    20 Wauregan Road, Killingly, CT 06239

    $1,300,000

    Prime commercial land with high visibility and highway access.

    View details

    Westerly, RI Restaurants Market Trends and Statistics

    Explore 2 restaurants for sale in Westerly, RI on our real estate platform. These investment opportunities span a total of 3,000 square feet of properties for sale, with an estimated market value of $398,000.

    Sale prices for restaurant properties in Westerly, RI average $199,000 — 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 3
    Commercial kitchens 1

    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 $199K

    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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    RE/MAX SOUTH COUNTY
    56 Wells St Westerly, RI 02891
    Phone: 14015962067
    www.southcountyliving.com
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