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51 Franklin STWesterly, RI 02891MLS Number 1232791

  • Price: $2,500,000The price has recently decreased
  • Est. Mortgage of $/month
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Price Down Payment Interest Rate Years

Est. Mortgage: $/month

Federal 30-year interest rate: 3.68% last updated on 2019-12-05

This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

  • P15,HD6Zoning

OVERVIEW/DESCRIPTION: Property consists of 51 Franklin St., 107 and 109 Wells Street (Plat 87, Lot 146 & 147 and Plat 88 Lot 25) 1.59 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. Combines a broad spectrum of potential build outs of (3) three 6,000 sf professional office buildings 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: 51 Franklin St., 107 and 109 Wells Street. Assessors Plat 87 Lots 146 & 147, Plat 88, Lot 25. Zoning districts of HDR-6, P-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 with 111 Wells Street see MLS#1220001

Listed by Lynn Azzinaro of RE/MAX South County

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Basic Information

  • Property TypeVacant Land
  • Land StatusFinished Lot
  • StatusACT
  • Status Change Date2019-08-21T10:24:54
  • TypeResidential
  • List Price$2,500,000
  • Listing Agent NameLynn Azzinaro
  • Broker NameRE/MAX South County
  • MLS Number1232791

Water Body

  • Water AmenitiesBeach


  • Sale Date11/30/-0001
  • View Count2


  • Address51 Franklin ST
  • IDX Address DisplayYes
  • TownWesterly
  • StateRI
  • Zip02891
  • County IDWashington
  • NearCommuter Bus, Golf, Highway Access, Hospital, Interstate, Marina, Private School, Public School, Railroad, Recreational Facilities, Schools, Shopping, Swimming, Tennis


  • UtilitiesCable TV, Electric, Gas, Gas Available, Municipal Water, Sanitary Sewers, Street Lights, Telephone
  • Utilities In AreaElectric, Gas, Muncipal Water, Sewer


  • Apx Acres Condo Site Acres1.59
  • LotCorner, Sidewalks
  • Lot Frontage507
  • Approx Lot Sq Foot69260
  • Percent Field75
  • Percent Woods25
  • Number Of Approved Lots1
  • Potential Lots1
  • RoadDirt, High Traffic, Sidewalks, Street Lights
  • TopographyLevel

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