8 Industrial 2,000 SF Retail Building Westerly, RI 02891 $480,000 ($240/SF)
EXECUTIVE SUMMARY
Turnkey Restaurant with Standalone Building for Sale – Prime Location Near Downtown Westerly, RI
An incredible opportunity to own a well-maintained, turnkey restaurant just a short walk from downtown Westerly, Rhode Island. This charming establishment features seating for up to 49 guests and boasts large front windows that provide excellent natural light and visibility.
Key Features:
Prime location within walking distance of downtown Westerly,
Seating capacity for 49 guests in a bright and welcoming space,
Fire detection system upgraded in 2021; connected to Westerly Fire Station,
New Toast POS system (installed in 2021) with 2 transmission ports,
Well-maintained and move-in ready for a new owner,
Zoned DC2, allowing for multi-use potential,
Whether you're an experienced restaurateur or looking to launch your dream business, this space offers flexibility and a fantastic location to thrive.
An incredible opportunity to own a well-maintained, turnkey restaurant just a short walk from downtown Westerly, Rhode Island. This charming establishment features seating for up to 49 guests and boasts large front windows that provide excellent natural light and visibility.
Key Features:
Prime location within walking distance of downtown Westerly,
Seating capacity for 49 guests in a bright and welcoming space,
Fire detection system upgraded in 2021; connected to Westerly Fire Station,
New Toast POS system (installed in 2021) with 2 transmission ports,
Well-maintained and move-in ready for a new owner,
Zoned DC2, allowing for multi-use potential,
Whether you're an experienced restaurateur or looking to launch your dream business, this space offers flexibility and a fantastic location to thrive.
PROPERTY FACTS
Sale Type
Investment or Owner User
Sale Condition
Building in Shell Condition
Property Type
Retail
Property Subtype
Restaurant
Building Size
2,000 SF
Building Class
C
Year Built
1960
Price
$480,000
Price Per SF
$240
Tenancy
Single
Building Height
1 Story
Building FAR
0.46
Lot Size
0.10 AC
Opportunity Zone
Yes
Zoning
C
Parking
5 Spaces (2.5 Spaces per 1,000 SF Leased)
Frontage
42’ on Industrial Drive
Walk Score®
Very Walkable (83)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | WEST-000056-000043 | Improvements Assessment | $115,000 |
| Land Assessment | $55,600 | Total Assessment | $170,600 |
