Search
Adjoining Retail Suites on NNN
For Sale
Contact for pricing

240 Post Road Unit 2 & 3, Westerly, RI 02891

Two NNN retail suites with an adjoining setup, located on busy Route 1 near Dunn's Corners.

Property SizeContact for details
Days on Market452

Property Features for 240 Post Road Unit 2 & 3

General Information

Standard status Active
Property subtype Commercial
Lease Term []

Building Details

Year Built 1987
Listing Agency: Schilke Realty
Listed By: The Schilke Team
Source: Teridegnan
Added: May 18, 2025 Changed: Aug 11 Last Checked: Aug 11 at 10:19AM

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 offering includes two adjoining retail spaces that can be leased together or separately. Unit 2 is 1,463 sq ft and Unit 3 is 1,300 sq ft, providing flexibility for a single user seeking additional frontage or separate tenants in one location. The property is structured as an NNN lease, with CAM charges not included.

The shopping plaza is positioned on busy Route 1 near the Dunn's Corners intersection, described as a primary gateway to Westerly’s beaches. The center features established co-tenants including Honey Dew Donuts, Salon 240, and King’s Nails & Spa, supporting an active retail and service mix. The remarks also note easy access and strong exposure, along with proximity to national retailers and restaurants.

For retailers or service operators considering a neighborhood-facing location, these adjacent suites offer a straightforward option to match your operating footprint. The ability to lease the spaces together can support larger concepts, while separate leasing allows for different tenanting strategies within the same NNN framework. The presence of existing everyday-use co-tenants may help align the site with businesses that benefit from consistent, pass-by foot and vehicle traffic.

Key Highlights

  • Two adjoining NNN retail suites on busy Route 1 near Dunn's Corners
  • Suite sizes: 1,463 SF and 1,300 SF; can be leased together or separately
  • NNN lease with CAM charges not included

Property Analytics

Current Use

Bomb Burritos & Bowls Restaurant Honey Dew Donuts Bakery Bomb Wings & Wedges Restaurant New King Nails ... Nail Salon Salon 240 Hair Salon

Suggested Use

Top Pick Law Firm Auto Repair Shop Auto Parts Store HVAC Service Hair Salon Pharmacy

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

Location Intelligence

Trade Area within ½ mile

229
Businesses Nearby
Under-served
Demand for This Use

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 Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Similar Off Market Nearby

  • Spindrift Village 271 Post Rd, Westerly, RI 02891

Frequently Asked Questions

What type of property is this?
Shopping center - Two NNN retail suites with an adjoining setup, located on busy Route 1 near Dunn's Corners.
Where is this shopping center located?
The property is located at 240 Post Road Unit 2 & 3 Westerly, RI.
What is the asking price?
The asking price for this property is Off market.
What are key features of this property?
This property features: Two adjoining NNN retail suites on busy Route 1 near Dunn's Corners; Suite sizes: 1,463 SF and 1,300 SF; can be leased together or separately; NNN lease with CAM charges not included
More about this property
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