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2 Elm Street

Westerly RI 02891

4
2
10
3712 sq. ft.
20038 sq. ft.
Single-Family
Currently for sale - view listing

Overview

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!!

Features

4 bedrooms
2 bathrooms
10 carspaces
3712 sq. ft. floor area
20038 sq. ft. lot size
Single-Family

Property history for 2 Elm Street

2025
Sold
$530,000
11 Apr 2025 by Christopher Randall, of Mott & Chace Sotheby's Intl.

Happy sellers in Westerly

100%
100% of sellers in Westerly reported that their sale price either exceeded or met their price expectations.

Westerly stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 3 reviews in Westerly over the last 12 months.

Local market activity for 4 bedroom single-family properties in Westerly

In the last 12 months, 24 four-bedroom single-family properties similar to 2 Elm Street, have been sold.

This represents a 40% increase in four-bedroom single-family properties sales when compared to the previous 12 months.

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