Water Views
Address
172 Main Street, Westerly, RI
Price
$ 1,500,000
Property Attributes
- MLS#1346966
- TypeCommercial
- CountyWASHINGTON
- CityWesterly
- NeighborhoodDowntown-Main Street
- Zip02891
- StyleCommercial
- Year Built1950
- Taxes$ 7100
- Price$ 1,500,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage11050
- Lot Size0.500459 Acres
Data Source:
Rhode Island Statewide MLS (RIAR)
Property Description
Rare retail opportunity downtown Westerly on very busy Main Street across from the river. 7 unit retail strip, currently owner-occupied, an appliance retailer since 1933, includes a two level warehouse with good residential conversion potential all on 1/2 acre. Sale includes the established operating business.
| Price History | |
|---|---|
| 10/27/2023 | Listed $1,500,000 |
General Features
| Sewer | PublicSewer,Sanitary |
|---|---|
| Heating | ForcedAir |
| Cooling | CentralAir |
| Utilities | ElectricityAvailable,NaturalGasAvailable,MunicipalUtilities,PhoneAvailable,WaterConnected |
| Possession | Negotiable |
| Construction Materials | Brick,Masonry |
| Year Built | 1950 |
| Electric | Item3Phase |
| View | Water |
| Property SubType | Commercial |
| Tax Year | 2023 |
| Business Type | Appliances,BarberBeauty,DeliCatering,GiftShop,Mixed,Restaurant,Retail,Warehouse |
| Community Features | Marina,NearHospital,NearSchools,PublicTransportation,Restaurant,Shopping,HighTrafficLocation,StreetLights |
| Business Name | Morrone Electric |
| County | Washington |
| New Construction | No |
| Property Type | CommercialSale |
| HOA / Comm Assn | No |
| Attached Garage | No |
| Subdivision Name | Downtown/Main Street |
| Possible Use | MedicalDental,MixedUse,Retail |
| Garage Y/N | No |
| Status | Active |
| City | Westerly |
| Buyer Agent Compensation | 2.5 |
| View Y/N | Yes |
| Senior Community Y/N | No |
| Total Units | 2 |
| Lot Size Square Feet | 21800.0 |
| Waterfront Y/N | No |
| Carport Y/N | No |
| Street Name | Main |
| Property Attached Y/N | Yes |
| Land Lease Y/N | No |
| Tax Annual Amount | 7100.0 |
| Home Warranty Y/N | No |
| Lease Renewal Y/N | No |
| Additional Parcels Y/N | No |
| Lease Considered Y/N | No |
| Rent Control Y/N | No |
| Virtual Tour | https://tour.RiLiving.com/172-Main-ST-Westerly-RI-02891 |
| Days on Market | 10 |
| Structure Type | Townhouse |
| Standard Status | Active |
| Occupancy Description | Owner |
| Tax Assessed Value | 740800 |
| Tax Lot | 7 & 6 |
| MobileHomeRemainsYN | No |
Interior Features
| Basement (Y/N) | No |
|---|---|
| Air Conditioning Y/N | Yes |
| Heating Y/N | Yes |
| Fireplace Y/N | No |
| Above Grade Finished Area | 11050.0 |
| Street Suffix | Street |
| Electric On Property Y/N | No |
Exterior Features
| Water Source | Connected,Public |
|---|---|
| Total Parking | 20.0 |
| Lot Size Area | 21800.0 |
| Foundation Details | Slab |
| Number of Buildings | 2 |
| Spa | No |
| Building Area Total | 11050.0 |
| Lot Size Units | SquareFeet |
| Road Frontage Type | CityStreet |
| Crops Included Y/N | No |
| Open Parking Y/N | No |
| Horse Y/N | No |
| Irrigation Water Rights Y/N | No |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Commercial Average in 02891
Price
Taxes
Visits
Year Built
Walkscore
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