Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    149 Franklin St Westerly, RI 02891

    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Retail endcap suitable for food use near major retailers.

    Property size:
    8,600 SF
    Lot size:
    24.73 Acres

    Property Features for 149 Franklin St

    General Information

    Size
    8,600 SF
    Lot size
    24.73 Acres

    Source: KeyPoint Partners, LLC Agent Don Mace

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Retail Endcap Near Stop & Shop

    This attractive endcap is located within a dominant shopping venue at the intersection of Routes 1 and 78. The space offers between 3,500 to 8,600 square feet and is situated adjacent to Stop & Shop. It is approved for restaurant use and includes former restaurant improvements and FFE. Co-tenants include Michaels, Home Goods, Staples, CVS, and the Ninety-Nine Restaurant. Neighboring national retailers include Wal Mart, PetSmart, Home Depot, JC Penney, TJ Maxx, and Aldi. Customer traffic is enhanced by a significant summer population in Westerly and along neighboring shoreline communities.
    Location Intelligence

    Current Use by Public Records

    Western Union Money Transfer Service Stop & Shop Grocery Store Coinme at Coinstar - Bitcoin ... Kiosk

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Similar Places Nearby

    Franklin Shopping Plaza, Westerly Crossings Shopping Center, Coinstar Kiosk - Bitcoin ATM, Coin Cloud Bitcoin ATM

    Location Insight

    • Map
    • Local Demand
    City
    Westerly
    County
    Washington
    State
    Rhode Island
    Longitude
    -71.8097135
    Latitude
    41.3574004

    Nearby Similar for Lease

    • Contact for pricing
      8,600 SF

      Westerly Retail Space For Lease

      Prime Retail Space, 8,600 SF Available
      and Rt. 1 Airport Rd, Westerly, RI 02891
      View Details
    • $15 SF/Yr
      4,000 SF

      Westerly Retail Space For Lease

      4,000 SF Freestanding Retail Building
      102 Granite St, Westerly, RI 02891
      View Details
    • $14 SF/Yr
      800 SF

      Westerly Office Space For Lease

      800 SF Office/Retail Space Available
      62 Franklin St, Westerly, RI 02891
      View Details
    • $14 SF/Yr
      14,400 SF

      Westerly RI Office Space For Lease

      Franklin Street Office/Retail Suites
      105 Franklin St, Westerly, RI 02891
      View Details
    • Contact for pricing
      157,315 SF

      Westerly Crossings Retail Center

      Prime Retail Space, High Traffic Area
      151 Franklin St, Westerly, RI 02891
      View Details
    • Contact for pricing
      76,619 SF

      Shoppes on Franklin: Retail Opportunity

      Prime Retail Space, I-95 Proximity, High Visibility
      64-68 Franklin St, Westerly, RI 02891
      View Details

    FAQs

    What type of property is this?
    Shopping center - Retail endcap suitable for food use near major retailers.
    Where is this shopping center located?
    The property is located at 149 Franklin St Westerly, RI.
    What are key features of this property?
    This property features: - Dominant shopping venue location at the intersection of Routes 1 and 78.; - **3,500 to 8,600 SF endcap adjacent to Stop & Shop, ideal for food use.**; - Approved for restaurant use with former restaurant improvements and FFE remaining.
    (781) 273-5555
    Request Owner's contact information
    149 Franklin St Westerly, RI 02891
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    149 Franklin St
    Westerly, RI 02891
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    149 Franklin St Westerly, RI 02891
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.