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Office Unit with Private Offices
For Lease
$1,250/Mo

1c-101 Franklin St, Westerly, RI 02891

Flexible professional layout with reception, half bath, two entrances, and private parking.

Space Size900 SF
Days on Market50

Property Features for 1c-101 Franklin St

General Information

Standard status Active
Size 900 SF
Net Rentable 900 SF

Space & Availability

Available Space 900 SF
Contiguous Space 900 SF
Space Use Office
Available From 2026-11-01
Private Offices 3

Site & Location

Highway Access Yes
Utilities to Site Yes

Taxes and HOA fees

Annual Taxes $6,107
Listing Agency: BHHS New England Properties
Listed By: Mike Nelson
Source: Exprealty
Added: Jul 3 Changed: Aug 20 Last Checked: Aug 21 at 11:37AM

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

Investment Insights

Based on property information with market context.

This approximately 900-square-foot office unit at 1C-101 Franklin St includes a secure reception area, three private offices, and a half bath. Two entrances support flexible circulation, while individual utilities, town sewer, gas, water, and central air serve the space. Recent property improvements include a newer roof and heating system.

The building sits across from a major shopping plaza along one of Westerly’s busiest corridors, with parking in both the front and rear private lot. The property is minutes from I-95, the Connecticut-Rhode Island line, Downtown Westerly, and the Misquamicut, Weekapaug, and Watch Hill beaches. The space is scheduled to be available November 1, 2026. Electric, gas, internet, and a 1/7 share of snow removal are paid by the tenant.

Key Highlights

  • 900 sq ft office unit with three private offices
  • Secure reception area and half bath
  • Two separate entrances with front and rear parking

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick HVAC Service (Bike/Boat/Book/etc) Store Plumbing Service Storage Facility Bakery Barber Shop

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
Yes
Utilities to site
NNN (Triple Net)
Lease Type
$2.50 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

910
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

Lease Benchmarks for Westerly, RI

$18.61 /SF/Yr
Avg Asking Price
$14.25–$25 /SF/Yr
Price Range
750 SF
Avg Space Size

This space is priced 10% below the average of $18.61 /SF/Yr.

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
Rey
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Frequently Asked Questions

What type of property is this?
Office units - Flexible professional layout with reception, half bath, two entrances, and private parking.
Where is this office units located?
The property is located at 1c-101 Franklin St Westerly, RI.
What is the lease rate?
The lease rate is $1,250/Mo.
What are key features of this property?
This property features: 900 sq ft office unit with three private offices; Secure reception area and half bath; Two separate entrances with front and rear parking
More about this property
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