109 Wells St

Property feature image
Address: 109 Wells St, Westerly, RI 02891, USA
Boston & New England + Land/Development
Created date: September 24, 2026
Date last updated: September 24, 2026
Price: $1,500,000Investment Analyzer NEW!
  • • Prominent Franklin Street / Wells Street location
  • • Conceptual development plan available
  • • Potential for residential and/or mixed-use development
  • • Professional/office component illustrated in the conceptual plan
  • • Internal parking and circulation shown
  • • Established neighborhood with a combination of residential and commercial uses
  • • Convenient access to downtown Westerly and regional transportation routes
  • • Opportunity for a developer to evaluate and refine the existing concept

Property Description

DEVELOPMENT OPPORTUNITY Prime development opportunity at the intersection of Franklin Street and Wells Street in Westerly, Rhode Island. This strategically located property offers an opportunity for developers, investors and builders to pursue a thoughtfully planned residential, commercial or mixed-use project in an established Westerly corridor. A conceptual site plan has been prepared illustrating a potential development incorporating residential/multifamily buildings, professional/office space, parking, internal circulation and landscaped areas. The concept provides a starting point for evaluating the site's development potential while allowing a future purchaser to explore alternative configurations consistent with applicable zoning and municipal approvals.

Key Property Information

Listing Status: Available
Listing Type: Call for offers
Property Types: Land/Development
Price: $1,500,000
No. of Units: 1
Year Built: 1955
Lot Size: 1.98 Acres
Opportunity Zone: No
Price per unit: $1,500,000
Property Website Click Here
Address: 109 Wells St, Westerly, RI 02891, USA
Provided by:

Investment Analyzer

Step 1Financing Calculation

$
$
%
$
%
$
$

Step 2Gross Rent Analysis

Please enter annual amounts.

$
$
%
$
%
$
%
$
%
$
%
$
%
$
%
$
$

Step 3Final Deal Analysis

$
$
%
%
$
$

Similar Properties in the Area

769 Daniel Webster Hwy

Merrimack, New Hampshire
Boston & New England + Land/Development
Units: 1
Price: $7,200,000

Hall Rd

Canterbury, New Hampshire
Boston & New England + Land/Development
Price: $265,000

75 Somerset St, 59 Somerset St, 25 Somerset St, 0 Elm St

Portland, Maine
Boston & New England + Land/Development

Brokers

View All

Lenders

View All