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$885,000
30 Days On Site

2 Elm Street
Westerly, RI 02891

For Sale|Single Family Residence|Active Under Contract
4
Beds
2
Total Baths
1
Full Bath
1
Partial Bath
3,712
SqFt
$238
/SqFt
1860
Built
Subdivision:
Downtown
County:
Washington
2 Elm Street2 Elm Street2 Elm Street2 Elm Street
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Monthly Payment (Est.)

$4,038
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THE CROWN JEWEL! 2 Elm Street, Westerly, RI. The most majestic property in Beautiful Downtown Westerly is ready to take on its' next life. Looking down from its' perch at the top of Broad Street, she presides over Town. This will once again be the grand Lady it has been in the past. This opportunity is one of a kind, and can be taken advantage of for a variety of potential usages. A single family residence, a rental property, an Inn, a multi-unit property, or an extension of any high end real estate portfolio. Sitting directly next door to the Granite Theatre, you are a stones throw to gorgeous Wilcox Park, and all that Downtown Westerly has to offer. Fine dining, lively Pubs, and beautiful shops abound. Take a stroll to the river or through the Park. Enjoy mornings with coffee and conversation, and happy hour evenings leading to wonderful dinners downtown. Envision the grand front lawn with a western facing patio, complete with fire pits and gorgeous sitting areas looking over beautiful Downtown Westerly. This restoration is HGTV worthy! The seller is willing to partner with the right group that sees the unreal potential here, or to step aside and allow the next owner to complete their own vision. Public water and sewer are in place, along with natural gas. The lot should be able to sustain an ADU (another 2BR unit) and garage expansion in the rear!! There will never be another 2 Elm Street to duplicate this opportunity for a Downtown HOME or business opportunity!!

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Listing Snapshot
Price 
$885,000
Days On Site 
30 Days
Bedrooms 
4
Inside Area (SqFt) 
3,712 sqft
Total Baths 
2
Full Baths 
1
Partial Baths 
1
Lot Size 
0.46 Acres
Year Built 
1860
MLS® Number 
1410935
Status 
Active Under Contract
Property Tax 
$4,900
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Public Records
Friends & Family
Recent Activity
a week agoStatus changed to Active Under Contract
a week agoListing updated with changes from the MLS®
4 weeks agoListing first seen on site
General Features
Acres 
0.46
Foundation 
CombinationStone
Land Lease 
No
Levels 
Three Or More
Number Of Stories 
3
Parking 
No Garage
Parking Spaces 
10
Property Sub Type 
Single Family Residence
Sewer 
Public Sewer
SqFt Above 
3712
SqFt Total 
3712
Style 
Colonial
Water Source 
Public
Interior Features
Appliances 
Water Heater
Basement 
FullUnfinished
Electric 
100 Amp Service
Fireplace 
Yes
Fireplaces 
2
Flooring 
Hardwood
Heating 
Natural GasBaseboardOilSteam
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Exterior Features
Construction Details 
PlasterClapboard
Waterfront 
Yes
Waterfront Features 
River Front
Community Features
Accessibility Features 
Accessible Approach with Ramp
Community Features 
RestaurantSidewalks
Financing Terms Available 
Trade1031 Exchange
Listing courtesy of Kurt Potter of RE/MAX Right Choice (860) 604-5348



Listing information is provided by Participants of the State-Wide MLS of Rhode Island, Inc. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2026, State-Wide MLS of Rhode Island, Inc.
Last checked: 2026-07-30 03:08 PM UTC

Neighborhood & Commute
Source: Walkscore
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