263 Post Road Westerly

$849,000
2 1 2,406 sq ft

The Property

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**

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Listing Details

MLS Number

1409785

Lot Size:

0.45 acres

Features

  • Basement: Full, Walkout, Unfinished
  • Bus
  • Golf
  • Hospital
  • Interstate
  • Marina
  • Public School
  • Railroad
  • Recreational Facilities
  • Restaurants
  • Schools
  • Shopping
  • Near Swimming
  • Garage: 1
  • Type: Cape Cod
  • Year Built: 1950

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Market Trends for Single Family Homes
in Westerly

  • Overview
    Homes for Sale Today51-96.3% decrease in inventory
    New on Market *38137.5% increase in new listings
    Avg. Asking Price/Sq.Ft. *$681.16$21 decrease in List Price/Sq.Ft.
    Avg. Sale Price *$804,375$60,973 decrease in Avg. Sale Price
    Avg. Sale Price as % of Asking Price *99.09%-0.8% decrease in Sales to List Price
    Avg. Sale Price/Sq.Ft. *$477.22$47 increase in Sale Price/Sq.Ft.
    Avg. Days on Market of Sold *461377 increase in days on market

    * All data is calculated based on the last 30 days

  • Avg. Sale Price
  • Avg. Days on the Market
  • New Market Inventory
  • Lila's Estimate

    Realtors Property Resource

    This is an estimate home valuation provide by RPR. It is based on RPR’s estimate market value and not an appraisal. You can use it as a starting point on the home’s value.

    ...

    Zillow

    This is an estimate home valuation provide by Zillow. It is based on Zillow’s estimate market value and not an appraisal. You can use it as a starting point on the home’s value.

    Real value?

    Contact Us

    Online estimates take you only so far. One of our associates can give you a market analysis of what your homes value.

Listed by Re/Max One

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