261-263 Post Rd - Freestanding FOR SALE


Westerly, RI 02891
$849,000 USD
401-952-8432
261-263 Post Rd, Westerly, RI for Sale
$849,000 USD
Freestanding - FOR SALE
1/33
null | Request Cap Rate

261-263 Post Rd
Westerly, RI 02891


OVERVIEW

Seize this exceptional opportunity in the rapidly expanding Dunn’s Corners area. This offering includes two adjacent lots totaling 0.92 acres, featuring over 200 feet of prime frontage on busy Route 1—an established high-traffic corridor that ensures maximum visibility and exposure. This versatile property is ideally suited for a wide range of development possibilities. Surrounded by major retailers, popular dining options, and essential services including Walmart, South County Medical Center, and a nearby Mobil station, this location benefits from strong consumer activity and steady traffic flow. Adding to its appeal, the property is located less than two miles from the beach, offering a unique opportunity to capture both year-round local traffic and seasonal visitors. This property has been taken down to the studs, offering a blank canvas for your next investment vision. With the heavy lifting already started, it’s ready for a savvy buyer to bring new life and design to the space. Whether you're planning retail, restaurant space, professional offices, or a mixed-use residential project, this prime location provides the flexibility and positioning to bring your vision to life. A rare chance to invest in one of the area’s most active commercial corridors. **Property is Commercial and is selling with both 261 & 263 together MLS#1409785**

FOR SALE DETAILS

PRICE

$849,000 USD

PRICE/SF

$327 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1950

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.91 AC

LAND SF

39,640 SF

ZONING

Highway Commercial

APN/PARCEL ID

WEST-000112-000028-A000000AA,WEST-000112-000030

ASK ABOUT THIS PROPERTY

Chris TorrezRE/MAX ONEMore Info
401-952-8432

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Chris TorrezRE/MAX ONEMore Info
401-952-8432

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.