For Sale
$1,500,000

129 Oak StWesterly, RI 02891

Established Business, High-Traffic Location

Overview

Added:
Feb 3
Days on market:
60
This exceptional commercial property at 129 Oak Street, Westerly, RI, presents a unique investment opportunity. Spanning 4.22 acres, this established business boasts a 3,720 square foot retail building and has operated successfully for over 50 years under the same family ownership. Its prime location, just minutes from the highway, ensures high visibility and accessibility, making it an attractive destination for customers. The sale includes all remaining inventory at the time of closing, providing a seamless transition for the new owner. The property is currently licensed for both salvage and retail operations, with the licenses transferable to the buyer. This turnkey operation offers immediate income potential and significant growth opportunities. The substantial land area also allows for potential expansion or future development, adding further value to this already lucrative investment. The long-standing history and established customer base provide a solid foundation for continued success. This is a rare chance to acquire a well-established, profitable business with significant real estate assets in a desirable location. Don't miss this opportunity to own a piece of Westerly's commercial landscape.

Property Details for 129 Oak St

Property type
Square Feet
3,720 SF
Year Built
1952
Lot Size (sq. ft)
183,823 SF

Location Insight

City
Westerly
County
Washington
State
Rhode Island
Latitude
41.38348
Longitude
-71.80886
129 Oak St, Westerly, Rhode Island

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129 Oak St
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