Property Showcase

Westerly, RI 02891 0

$3,250,000
Vacant Land
Status: Active
  • Sqft:
  • Lot:397,703 sq ft
  • MLS#: 1220001
41.363491058349609-71.815521240234375
Courtesy Of RE/MAX South County

Description:

OVERVIEW/DESCRIPTION: Property consists of 51 Franklin St., 107, 109 and 111 Wells Street (Plat 87, Lot 146 & 147 and Plat 88 Lot 24 & 25) 9.13 acre site corner of Franklin Street and Wells Street with a master plan approval from the Town of Westerly 400 feet of frontage on Franklin and 107 frontage on Wells with a P-15 Zone on Franklin St. and HDR-15 Zone off of Wells St. combines a broad spectrum of potential build outs of (3) three 6,000 sf professional office buildings and connecting to 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. 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: 51 Franklin St. and 107, 109 and 111 Wells Street. Assessors Plat 87 Lots 146 & 147, Plat 88, Lots 24 & 25. Zoning districts of HDR-6, HDR-15, P-15.TRAFFIC COUNT: 22,700 dailyGreat 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.

Main Features:

Listing Status Active County Washington
Taxes $5,201.74 Tax Year 2019
Rental Price $0 Zoning R6,R15,P
Subdivision Hospital And Professional Business

Additional Features:

Best Use Condominium
Residential Development
Building Description Other
Close To Commuter Bus
Golf
Highway Access
Hospital
Interstate
Marina
Private School
Public School
Railroad
Recreational Facilities
Schools
Shopping
Swimming
Tennis
Historical Property None
Land Status Finished Lot
Last Change Type New Listing
Location Suburban
Lot Description Corner
Sidewalks
Occupancy Negotiable
Road Dirt
High Traffic
Sidewalks
Street Lights
Tanks None
Topography Level
Type Total Residential Development
Utilities Cable TV
Electric
Gas
Gas Available
Municipal Water
Sanitary Sewers
Street Lights
Telephone
Utilities on Site Electric
Gas
Muncipal Water
Sewer
View High
Water Available
Municipal
Public Available
Water Amenities Beach
Zoning Condominium

Extra Features:

Acres 9.1300 Assessment 457900.0000
Frontage 507 Lot Size Sq Ft 397702.8000
Showing Instructions No trespassing, no walking without listing agent Lynn Azzinaro. Call for details 401-742-4584Property consists of 51 Franklin St., 107, 109 and 111 Wells Street (Plat 87, Lot 146 & 147 and Plat 88 Lot 24 & 25)

The data relating to real estate for sale on this web site comes in part from the IDX Program of the State-Wide Multiple Listing Service, Inc. Real estate listings held by Julie Longtin are marked with the MLS logo and detailed information about them includes the name of the listing brokers. 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. Any use of search facilities of data on the site other than by a consumer seeking to purchase real estate is prohibited.
Information deemed reliable but not guaranteed.
Copyright© 2019 State-Wide MLS, Inc. All Rights Reserved.
Last Updated On: 5/25/2019 12:52:17 AM

51 Franklin ST, Westerly, RI 02891

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The data relating to real estate for sale on this web site comes in part from the IDX Program of the State-Wide Multiple Listing Service, Inc. Real estate listings held by Julie Longtin are marked with the MLS logo and detailed information about them includes the name of the listing brokers. 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. Any use of search facilities of data on the site other than by a consumer seeking to purchase real estate is prohibited.
Information deemed reliable but not guaranteed.
Copyright© 2019 State-Wide MLS, Inc. All Rights Reserved.
Last Updated On: 5/25/2019 12:52:17 AM

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