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111 Wells St, Westerly, RI – $750,000

  • $750k Price
  • 7.2 Acres
  • 10 DOM
  • $750k Price
  • 7.2 Acres
  • 10 DOM

111 Wells St

OVERVIEW/DESCRIPTION: Property consists 111 Wells Street (Plat 88 Lot 24) 7.2 acre site with a master plan approval from the Town of Westerly HDR-15 Zone off of Wells St. combines a broad spectrum of potential build outs of 32 condominium units. Assisted living and/ or living concept of “age friendly” development are within this zone. A comprehensive permit could allow for greater density in exchange for (8) eight income affordable homes. See attached Zoning Tables. Available utilities include city water, sewer and gas. No Flood Hazard Zone exists. Property is located on the westerly side of Franklin St and the southerly side of Wells Street.

SITE DESCRIPTION: 111 Wells Street. Assessors Plat 88, Lots 24. Zoning districts HDR-15. TRAFFIC COUNT: 22,700 daily Great highway locations, Route 78 to Interstate 95 (I95), Airport Road to RI beaches and Westerly Airport 1.3 miles away (4 minutes), Route 2 to Casinos, Route 1 to Narragansett and Newport areas (30 minutes) and Westerly Amtrak 1.8 miles away (6 minutes). Walk to grocery, shopping, medical, hospital and professional business easily.

Also available as a package see MLS#1220001 for 51 Franklin St., 107 and 109 Wells

Essential Information

  • MLS® #1232790
  • Price$750,000
  • Bathrooms0.00
  • Acres7.20
  • TypeLand
  • Sub-TypeResidential
  • StatusActive
  • HOA Dues0.00

Community Information

  • Address111 Wells St
  • CityWesterly
  • CountyWashington
  • StateRI
  • Zip Code02891

Amenities

  • FeaturesCorner Lot, Level
  • WaterfrontBeach Access

Utilities

Cable Available, Electricity Available, Natural Gas Available, Municipal Utilities, Phone Available, Water Connected

Exterior

  • ExteriorOther
  • Lot DescriptionCorner Lot, Level
  • ConstructionOther

Additional Information

  • Date ListedAugust 21st, 2019
  • Days on Market10
  • ZoningHDR15

Listing Details

  • OfficeRe/max South County
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Re/max South County.

IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.Information is deemed reliable but is not guaranteed. © 2019 State-Wide Multiple Listing Service. All rights reserved.

Listing information last updated on October 13th, 2019 at 11:01pm EDT.