181 Main Street

Retail-Commercial for Sale
Sale Pending
Catylist Listing ID: 30054831
Property Subtypes: Free-Standing Building, Mixed Use, Street Retail
Status: Pending
Building Size (RSF): 7,000 SF
Gross Land Area: 0.26 Acres
Sale Price: $580,000
Unit Price: $82.86 PSF
In Opportunity Zone? Yes
Property Use Type: Business
Sale Terms: Undisclosed
Cap Rate: Undisclosed
Last Updated: 1/5/2022

Overview / Comments

Located on Pawcatuck River in Downtown Westerly. 7,000 sq ft building on .26 acres. Perfect opportunity to develop this property in the vibrant downtown Westerly area.

Attachments & Media


Finance Data Year 2019
Real Estate Taxes - Annual($) $3,311 (Annual)
Tax Value Land $159,300
Tax Value Improvements $116,600
Assessed Value - Total($) $275,900 (Annual)

Additional Details

Nearest MSA: Providence-Warwick
County: Washington
Taxing Authority: Westerly
Tax ID/APN: WY 76-35
Zoning: DC
Retail Clientele: General, Family, Business, Traveler, Tourist
Property Visibility: Excellent
Feet of Frontage: 132
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 2
Typical SF / Floor: 3,500 SF
Property Condition: Fair
Year Built: 1930
Roof Type: Hip
Total Parking Spaces: 15
Parking Type: Surface
Sprinklers: Wet
Heat Type: Natural Gas
Heat Source: Other
Air Conditioning: Other
Internet Access: Cable
Zoning Description: DC
In Flood Plain?: Yes
Lot Frontage: 132
Lot Depth: 85
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 7,305 28,030 42,564
Median Age: 41.69 43.13 44.43
Households: 3,535 11,943 17,952


Photograph of Listing Agent

Andy Schilke

Schilke Realty ECCPN Member
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