157 Granite St - Restaurant FOR SALE


Westerly, RI 02891
$2,295,000 USD
401-640-3481
157 Granite St, Westerly, RI for Sale
$2,295,000 USD
Restaurant - FOR SALE
1/20
null | Request Cap Rate

Apr '32


157 Granite St
Westerly, RI 02891


HIGHLIGHTS

  • High Visibility Intersection
  • 370 Feet of frontage over 2 streets
  • Long term redevelopment

OVERVIEW

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

FOR SALE DETAILS

PRICE

$2,295,000 USD

PRICE/SF

$247 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

ADD'L SUBTYPES

Freestanding, Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1950

SPRINKLERS

-

PARKING SPACES

38

LAND DETAILS

LAND ACRES

0.78 AC

LAND SF

33,977 SF

ZONING

HC

APN/PARCEL ID

WEST-000077-000333A

ASK ABOUT THIS PROPERTY

Chris WoodardKeller WilliamsMore Info
401-640-3481

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Chris WoodardKeller WilliamsMore Info
401-640-3481

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