DEVELOPMENT OPPORTUNITY Prime development opportunity at the intersection of Franklin Street and Wells Street in Westerly, Rhode Island.This strategically located property offers an opportunity for developers, investors and builders to pursue a thoughtfully planned residential, commercial or mixed-use project in an established Westerly corridor.A conceptual site plan has been prepared illustrating a potential development incorporating residential/multifamily buildings, professional/office space, parking, internal circulation and landscaped areas. The concept provides a starting point for evaluating the site's development potential while allowing a future purchaser to explore alternative configurations consistent with applicable zoning and municipal approvals.PROPERTY HIGHLIGHTSo Prominent Franklin Street / Wells Street locationo Conceptual development plan availableo Potential for residential and/or mixed-use developmento Professional/office component illustrated in the conceptual plano Internal parking and circulation showno Established neighborhood with a combination of residential and commercial useso Convenient access to downtown Westerly and regional transportation routeso Opportunity for a developer to evaluate and refine the existing concept
Listed by Richard Garafola of Berkshire Hathaway HomeServices Verani Realty

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