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261-263 Post Rd 2,600 SF Retail Building Westerly, RI 02891 $1,167,715 CAD ($449.12 CAD/SF)
Executive Summary
Seize this exceptional opportunity in the rapidly expanding Dunn’s Corners area. This offering includes two adjacent lots totaling 0.92 acres, featuring over 200 feet of prime frontage on busy Route 1—an established high-traffic corridor that ensures maximum visibility and exposure. This versatile property is ideally suited for a wide range of development possibilities. Surrounded by major retailers, popular dining options, and essential services including Walmart, South County Medical Center, and a nearby Mobil station, this location benefits from strong consumer activity and steady traffic flow. Adding to its appeal, the property is located less than two miles from the beach, offering a unique opportunity to capture both year-round local traffic and seasonal visitors. This property has been taken down to the studs, offering a blank canvas for your next investment vision. With the heavy lifting already started, it’s ready for a savvy buyer to bring new life and design to the space. Whether you're planning retail, restaurant space, professional offices, or a mixed-use residential project, this prime location provides the flexibility and positioning to bring your vision to life. A rare chance to invest in one of the area’s most active commercial corridors. **Property is Commercial and is selling with both 261 & 263 together MLS#1409785**
Property Facts
Sale Type
Investment
Sale Conditions
Property Type
Retail
Property Subtype
Freestanding
Building Size
2,600 SF
Building Class
C
Year Built
1950
Price
$1,167,715 CAD
Price Per SF
$449.12 CAD
Tenancy
Single
Building Height
2 Stories
Building FAR
0.07
Lot Size
0.91 AC
Zoning
Highway Commercial - Highway Commercial
Amenities
- Signage
Somewhat walkable
30/100
Exceptionally drivable
100/100
Fairly bikeable
50/100
Property Taxes
| Parcel Numbers | Improvements Assessment | $13,294 CAD | |
| Land Assessment | $870,156 CAD | Total Assessment | $883,450 CAD |
Property Taxes
Parcel Numbers
Land Assessment
$870,156 CAD
Improvements Assessment
$13,294 CAD
Total Assessment
$883,450 CAD
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261-263 Post Rd
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