Office Suite with Private
101 Franklin #2B, Westerly, RI 02891
For Lease
New
$1,250/Mo
Three enclosed rooms, a half bath, and central air support a range of office and service uses.
Space Size650 SF
Days on Market4
Property Features for 101 Franklin #2B
General Information
Standard status
Size
Net Rentable
Property subtype
Space & Availability
Available Space
Contiguous Space
Space Use
Private Offices
Meeting Rooms
Site & Location
Highway Access
Road Access
Utilities to Site
Taxes and HOA fees
Annual Taxes
Amenities
central air
well landscaped
Central air
Circuit Breakers
Ductless Cooling
Gas Heating
Heat Pump Cooling
Heat Pump Heating
Building Details
Year Built
Listing Agency:
BHHS NEW ENGLAND PROPERTIES
(401) 637-4800
Listed By:
MIKE NELSON · License RI RES.0049437
(401) 255-1478
Source:
Corcoran
Added: Nov 6
Changed: Nov 8
Last Checked: Nov 8 at 2:55PM
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 BHHS NEW ENGLAND PROPERTIES
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Investment Insights
Based on property information with market context.
This 650-square-foot office suite at 101 Franklin includes three private rooms, one sized to accommodate conference use, and a half bath. Central air, individual utilities, town water and sewer, and natural gas serve the space. The roof and heating system are newer, and the building was constructed in 1986. Zoning permits a range of service uses in addition to office use.
The property is across from a shopping plaza on a busy Westerly street, with access to a private parking lot in front of and behind the building. I-95, downtown Westerly, and the Connecticut–Rhode Island border are nearby. Misquamicut, Weekapaug, and Watch Hill beaches are a few miles away; Narragansett and Mystic are each about 25 minutes away.
The property is across from a shopping plaza on a busy Westerly street, with access to a private parking lot in front of and behind the building. I-95, downtown Westerly, and the Connecticut–Rhode Island border are nearby. Misquamicut, Weekapaug, and Watch Hill beaches are a few miles away; Narragansett and Mystic are each about 25 minutes away.
Key Highlights
- 650‑square‑foot office suite with three private rooms and a half bath
- One room is sized for conference use
- Individual utilities, town water and sewer, natural gas, and central air
Property Analytics
Who owns this building?
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Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Yes
Utilities to site
NNN (Triple Net)
Lease Type
$3.46 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
411
Businesses Nearby
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Business Placement
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
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Market
Lease Benchmarks for Westerly, RI
$26.42 /SF/Yr
Avg Asking Price
$13.64–$62.07 /SF/Yr
Price Range
794 SF
Avg Space Size
This space is priced 13% below the average of $26.42 /SF/Yr.
Average Price Trend$/SF/Yr for Office Units in Washington County, RI
Properties on Market for Office Units in Washington County
Vacancy Rate% for Office in Northeast region
Frequently Asked Questions
What type of property is this?
Office unit - Three enclosed rooms, a half bath, and central air support a range of office and service uses.
Where is this office unit located?
The property is located at 101 Franklin #2B Westerly, RI.
What is the lease rate?
The lease rate is $1,250/Mo.
What are key features of this property?
This property features: 650‑square‑foot office suite with three private rooms and a half bath; One room is sized for conference use; Individual utilities, town water and sewer, natural gas, and central air
