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    129 Oak St Westerly, RI 02891

    For Sale
    $545,000

    Industrial,Commercial - Westerly, RI

    Property size:
    3,720 SF
    Lot size:
    0.29 Acres
    Days on Market:
    12
    Last Refresh:
    Dec 5 at 1:06 am

    Property Features for 129 Oak St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    GI
    Parking
    20
    Interior features
    Ceiling Height (7 To 9 Ft), Ceiling Height (9 To 12 Ft)
    Exterior features
    Corner, Free Standing
    Size
    3,720 SF
    Lot size
    0.29 Acres

    Utilities

    Heating system
    Forced Air, Zoned (Heating)

    Building Details

    Year built
    1952
    Number of units
    1
    Building materials
    Brick, Frame
    Architectural style
    Other

    Coldwell Banker Cahoone Realtors (401) 596-6333 [email protected]

    Listing agent Mark Wright (401) 596-6333

    Listing date Nov 24, 2025

    MLS# 1400740 Listing URL

    Copyright © 2025 State Wide MLS of Rhode Island, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Westerly Industrial Building For Sale

    This 3720 square foot building in Westerly, Rhode Island, is available for purchase. Situated in a zoned industrial area, the property features storage space, garage doors, an office, and a retail area. The building could be separated into 3 rentals, as it has 3 separate utility hookups already in place. Currently used as a salvage yard office, the industrial zoning allows for extensive use. The property occupies a 0.29-acre lot. Additional land may be available. The property is zoned GI.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Martin & Son Auto ... Used Auto Parts Store

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Westerly
    County
    Washington
    State
    Rhode Island
    Longitude
    -71.808885
    Latitude
    41.383541

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    FAQs

    What type of property is this?
    Industrial property - 3720 sqft industrial building with office and retail area.
    Where is this industrial property located?
    The property is located at 129 Oak St Westerly, RI.
    What is the asking price?
    The asking price for this property is $545,000.
    What are key features of this property?
    This property features: - 3700 sqft building in a zoned industrial area; - Potential for 3 separate rentals with existing utility hookups; - Includes office and retail area
    (401) 596-6333
    Request Owner's contact information
    129 Oak St Westerly, RI 02891
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    Westerly, RI 02891
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    129 Oak St Westerly, RI 02891
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