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Office Unit with Pylon Signage
For Sale
Contact for pricing
Pending

101 Franklin Street 1st Flr, Westerly, RI 02891

Second-floor layout includes four offices, reception space, a private bathroom, and zoning supporting varied retail and service uses.

Property Size1,000 SF
Days on Market141

Property Features for 101 Franklin Street 1st Flr

General Information

Standard status Pending
Size 1,000 SF
Property subtype Land, Office

Additional Details

Floor 2
Highway Access Yes

Amenities

pylon signage
backlit street facing building sign
floor to ceiling windows
private bathroom
Listing Agency: Schilke Realty
Listed By: The Schilke Team
Source: Crexi
Added: Apr 12 Changed: Aug 29 Last Checked: Apr 12 at 2:54PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Schilke Realty

Investment Insights

Based on property information with market context.

This second-floor office unit provides approximately 1,000 sq ft with four separate offices, a reception area, and a private bathroom. Floor-to-ceiling windows bring natural light into the space, while central air supports year-round comfort. Recent building improvements include a new roof and HVAC system. The property also offers pylon signage and a backlit sign facing Franklin Street.

The building sits across from a shopping plaza on Franklin Street, with access to I-95 and proximity to the Connecticut–Rhode Island border and Westerly beaches. Zoning supports a range of retail and service uses in addition to office occupancy.

Key Highlights

  • Approximately 1,000 sq ft of second‑floor office space
  • Four separate offices plus reception area and private bathroom
  • Floor‑to‑ceiling windows with central air

Property Analytics

Current Use

Eastern Bank Bank Findeisen Wealth Management ... Bank Morrone Legal Law Firm Richard Grasso Physician Kimberly Dalton Broker ... Real Estate Agency

Suggested Use

Top Pick HVAC Service Big Box & Wholesale Store Auto Parts Store Storage Facility Auto Repair Shop Grocery & Convenience Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

411
Businesses Nearby

Demographics for 02891, RI

21,803
Population
12,660
Households
1.7
Avg Household Size
50
Median Age
41%
College-Educated
94%
High-School Grad
26.3 sq mi
ZIP Area
829
Density / Sq Mi
$90,435
Median Household Income
$49,448
Median Earnings
$1,249
Median Rent
$422,600
Median Home Value

Market

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025
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Frequently Asked Questions

What type of property is this?
Office units - Second-floor layout includes four offices, reception space, a private bathroom, and zoning supporting varied retail and service uses.
Where is this office units located?
The property is located at 101 Franklin Street 1st Flr Westerly, RI.
What are key features of this property?
This property features: Approximately 1,000 sq ft of second‑floor office space; Four separate offices plus reception area and private bathroom; Floor‑to‑ceiling windows with central air
(401) 637-4040 Call to check price and availability
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