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$885,000
28 Days On Site

2 Elm Street
Westerly, RI 02891

For Sale|Hotel/Motel|Active Under Contract
0
Beds
0
Total Baths

SqFt

/SqFt
1860
Built
Subdivision:
Downtown
County:
Washington
2 Elm Street2 Elm Street2 Elm Street2 Elm Street
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Mortgage Calculator

Monthly Payment (Est.)

$4,038
Calculator powered by Showcase IDX, a Constellation1 Company. Copyright ©2026 Information is deemed reliable but not guaranteed.

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 the entire 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, office, an Inn, a multi-unit rental 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 a 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 
28 Days
Bedrooms 
N/A
Inside Area (SqFt) 
0 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.46 Acres
Year Built 
1860
MLS® Number 
1415769
Status 
Active Under Contract
Property Tax 
$4,900
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
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
Foundation 
Combination
Land Lease 
No
Levels 
Three Or More
Number Of Stories 
3
Parking Spaces 
10
Property Sub Type 
Hotel/Motel
Sewer 
Public Sewer
Utilities 
Natural Gas ConnectedSewer Connected
Water Source 
Public
Interior Features
Electric 
100 Amp Service
Heating 
BaseboardSteam
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Community Features
Community Features 
RestaurantStreet LightsSidewalks
Roads 
Asphalt
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: 2026-07-29 01:32 PM UTC

Neighborhood & Commute
Source: Walkscore
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