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157 Granite & 85 John Street Westerly, RI $ 2,295,000
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157 Granite & 85 John Street
$ 2,295,000
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157 Granite & 85 John Street

Westerly, RI, 02891
$ 2,295,000
Baths0.0 Sq 9,451

Monthly Estimate*

$ 15,253

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Studio

Commercial Property for sale in Westerly, RI

for $2,295,000. This 9,451 square foot building was built in 1920 on a lot size of 0.78.

Long term redevelopment opportunity. 3/4+ Acre corner lot located on high traffic, high visibility, intersection with 370 feet of frontage over 2 streets. Directly across from Cumberland Farms, CVS, and coming soon-brand new Starbucks. Major thru-way, close proximity to Westerly hospital, airport and beaches. New legislation may allow for additional residential units and potential expansion. Buyer to perform own due diligence.

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Commercial Active

Price

$ 2,295,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 12,128

Style

Commercial

Lot Size

0.78

Year Built

1920

Town/City

Westerly

County/Region

Washington

MLS | Web ID

1354540
Features
General
Sewer Connected
Heating ForcedAir
Cooling CentralAir
Utilities ElectricityAvailable NaturalGasConnected MunicipalUtilities WaterConnected SewerConnected
Possession Negotiable
Zoning HC
Construction Materials Frame
Year Built 1920
Stories 2
Levels Two
Property SubType Commercial
Tax Year 2022
Business Type Mixed
Community Features Golf HighwayAccess Marina NearHospital NearSchools Other PublicTransportation RecreationArea Restaurant Shopping SeeRemarks Sidewalks TennisCourts HighTrafficLocation StreetLights
County Washington
New Construction N
Property Type CommercialSale
HOA / Comm Assn N
Attached Garage N
Subdivision Name Granite Street
Possible Use Commercial Development Investment Retail
Garage Y/N N
Building Features PublicRestrooms
Status Active
City Westerly
View Y/N N
Senior Community Y/N N
NumberOfUnitsTotal 4
Lot Size Units SquareFeet
Lot Size Square Feet 33977.0
Waterfront Y/N N
Carport Y/N N
Number of Units Leased 4
Street Name Granite & 85 John
Property Attached Y/N Y
Land Lease Y/N N
Tax Annual Amount 12128.0
Home Warranty Y/N N
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Virtual Tour https://tour.RiLiving.com/157-1591-Granite-85-John-ST-Westerly-RI-02891--1354540
Days on Market 10
Standard Status Active
Occupancy Type Tenant
Tax Assessed Value 1201000
Tax Lot 333 333A 274
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Interior
Basement Full
Furnished Y/N Unfurnished
Total Stories 2
Basement (Y/N) Y
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N N
Above Grade Finished Area 9451.0
Street Suffix Street
Electric On Property Y/N N
Total Baths 0
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Exterior
Lot Features CornerLot
Water Source Connected Public
Total Parking 40.0
Lot Size Area 33977.0
Foundation Details ConcretePerimeter
Number of Buildings 2
Spa N
Building Area Total 9451.0
Lot Size Acres 0.78
Road Surface Type Paved
Frontage Length 370
Road Frontage Type CityStreet
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 157
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* Excluded Features
List By
Keller Williams Coastal

Broker

chriswoodardteam@gmail.com

Email

Affordability Calculator

$16,264
Per Month
94%
6%
0%
Monthly Principal & Interest
$15,253
Monthly Property Taxes
$1,011
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
248553 Elementary School
248554 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
3/13/2024$2,295,000 Listed Price

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157 Granite & 85 John Street, Westerly, RI, 02891 is a Commercial Property for sale at $2,295,000 with 9,451 sqft and a lot size of 0.78. 157 Granite & 85 John Street is a studio with 0.0 baths and was built in 1920. The property's zip code is 02891 which is in Westerly, RI

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