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    Westerly, RI
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    Westerly, RI Restaurants for Sale

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    Stonington, CT Hopkinton, RI Charlestown, RI
    Pizza Restaurant with Outdoor Patio
    Updated: Jun 25
    Pizza Restaurant with Outdoor Patio

    125 Main Street, Westerly, RI 02891

    $235,000
    1,500 sqft · 2.26 AC lot
    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
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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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    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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    Coastal Land Ready For Development
    Coastal Land Ready For Development

    148 Atlantic Avenue, Westerly, RI 2891

    $3,250,000
    4,000 sqft · 0.73 AC lot

    Prime coastal property for redevelopment or repositioning in Misquamicut Beach.

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    Turnkey Restaurant Near Downtown Westerly
    Turnkey Restaurant Near Downtown Westerly

    8 Industrial Dr, Westerly, RI

    $480,000
    1,022 sqft · 0.11 AC lot

    Turnkey restaurant with seating for 49 near downtown Westerly.

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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 12 Potential Opportunities for your consideration. Besides 4 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.

    Charlestown Boutique Hotel Opportunity
    Charlestown Boutique Hotel Opportunity

    10 Prosser, Charlestown, RI 2813

    $3,000,000
    14,474 sqft · 4.44 AC lot

    Boutique hotel with restaurant, pub, and suites.

    View details
    Historic Stonington Restaurant Opportunity
    Historic Stonington Restaurant Opportunity

    143 Water St, Stonington, CT 6378

    $1,500,000

    Iconic restaurant property in Stonington Borough with modern enhancements.

    View details
    Established Restaurant with Patio Seating
    Established Restaurant with Patio Seating

    15 Palmer Street, Stonington, CT 6379

    $450,000
    1,378 sqft · 0.17 AC lot

    Restaurant building with indoor and outdoor seating, parking, and storage.

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    Prime Lots on Post Rd
    Prime Lots on Post Rd

    5717 Post, Charlestown, RI 2813

    $150,000
    0.45 AC lot

    Two C3-zoned lots on Post Rd, Charlestown, RI.

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    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 2891

    $849,000
    0.92 AC lot

    0.92 acres with 200+ feet of frontage on Route 1.

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    Prime Commercial Land Opportunity
    Prime Commercial Land Opportunity

    261 Post Road, Westerly, RI 2891

    $849,000
    0.92 AC lot

    0.92 acres on Route 1, high-traffic, development potential.

    View details
    Prime Commercial Land Opportunity
    Prime Commercial Land Opportunity

    5717 Post Road, Charlestown, RI 2813

    $150,000
    19,602 sqft

    Two C3-zoned lots on Post Rd, Charlestown, RI.

    View details
    Exeter Land For Sale
    Exeter Land For Sale

    503 South County Trail, Exeter, RI 2822

    $225,000
    0.85 AC lot

    Corner lot in Business District, suitable for cannabis use.

    View details

    Westerly, RI Restaurants Market Trends and Statistics

    Explore 4 restaurants for sale in Westerly, RI, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 6,522 square feet of properties for sale, with an estimated market value of $3,965,000.

    Sale prices for restaurant properties in Westerly, RI start at $235,000, averaging $1,321,666, and reaching up to $3,250,000 — 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 2
    Turn key restaurants 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 $2.2M

    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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