111 Wells St, Westerly, RI 02891

OVERVIEW/DESCRIPTION: Property consists 111 Wells Street (Plat 88 Lot 24) 7.2 acre site with a master plan approval from the Town of Westerly HDR-15 Zone off of Wells St. combines a broad spectrum of potential build outs of 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. 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: 111 Wells Street. Assessors Plat 88, Lots 24. Zoning districts HDR-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 see MLS#1220001 for 51 Franklin St., 107 and 109 Wells