Westerly, RI 02891,16 Broad ST
Westerly, RI 02891,16 Broad ST
Westerly, RI 02891,16 Broad ST
$650,000
Est. payment /mo
$750,000
13.3%
Est.Price: ?

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2,178 Sqft Lot
SOLD DATE : 09/25/2020

Key Details

Sold Price $650,000

Property Type Commercial

Sub Type Commercial

Listing Status Sold

Purchase Type For Sale

Subdivision Downtown

MLS Listing ID 1253404

Sold Date 09/25/20

HOA Y/N No

Year Built 1882

Annual Tax Amount $5,560

Tax Year 2019

Lot Size 2,178 Sqft

Acres 0.05

Property Description

Prime location in historic downtown Westerly. This property prominently sits on the corner of High St and Broad St and offers a high traffic count with travelers coming and going over the CT border. This iconic corner location overlooks the center of downtown Westerly and is easily walkable from all areas of this vibrant part of town. Currently the building hosts 2 retail spaces at the ground level and office space on the 2nd and 3rd floors. Downtown has undergone extensive revitalization and was recently outfitted with new sidewalks and crosswalks adding to its New England charm. Westerly is home to a thriving downtown scene that is full of shopping, delicious restaurants, trendy bars and more. Development opportunity with potential for 2nd and 3rd floor condos or apartments.

Location

State RI

County Washington

Community Downtown

Zoning DC

Rooms

Basement Partial

Interior

Heating Steam

Cooling Central Air

Furnishings Unfurnished

Exterior

Community Features Golf, Marina, Near Hospital, Near Schools, Recreation Area, Shopping, High Traffic Location, Street Lights, Sidewalks

Utilities Available Electricity Available, Natural Gas Available, Municipal Utilities, Phone Available, Sewer Connected, Underground Utilities, Water Connected

Present Use Multi-Family

Building

Lot Description Corner Lot

Building Description Brick, Public Restrooms

Story 3

Foundation Brick/Mortar, Concrete Perimeter, Stone

Sewer Connected, Public Sewer

Water Connected, Public

Level or Stories 3

Structure Type Brick

New Construction No

Others

Tax ID 16BROADSTWEST

Financing Conventional

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Listed by Schilke Realty
Bought with Town & Shore Realty

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agent

Eric Chauvin

+1(617) 448-0910

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