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    Westerly Commercial Building with Bays Title is generated by Realmo AI

    442 Bradford Road, Westerly, RI 02808

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    For Sale
    $589,900

    Well-maintained 3,600 sq ft commercial building on 0.41 acres.

    Type:Commercial
    Property size:
    3,600 SF
    Lot size:
    0.41 Acres
    Price / SF:
    $163/SF
    Added:
    Dec 3, 2025
    Days on Market:
    191
    Last Refresh:
    Apr 25 at 6:27 am

    Property Features for 442 Bradford Road

    General Information

    Standard status
    Active
    Size
    3,600 SF
    Lot size
    0.41 Acres
    Property subtype
    Commercial

    Building Details

    Year Built
    1970

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    Listing Contact
    Nancy Siciliano

    Listing agent Nancy Siciliano License #REB.0790646

    Listing office Ocean Front Homes

    Listing date Dec 3, 2025

    Source Liongatere

    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 Ocean Front Homes

    HighLights

    • 3,600 sq ft commercial building on 0.41 acres.
    • Two large bays with high ceilings (12+ ft).
    • Generous off‑street parking.
    • New gas heaters.
    • Suitable for multiple commercial uses (trades, storage, automotive, light industrial).
    • Convenient location in Westerly.

    Overview

    This commercial building in Westerly offers 3,600 sq ft of interior space on a 0.41-acre lot. The property features two large bays and high ceilings ranging from 9 to over 12 ft. The layout is open and functional, accommodating multiple commercial uses. Located towards the rear of the lot, the building provides generous off-street parking at the front. Recent improvements include new gas heaters. The property is suitable for trades, storage, automotive, light industrial, or a variety of other commercial operations. It is in excellent condition and offers strong flexibility in a convenient location.

    Local Financial Insights For Retail

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $54.4k $15.12
    − Vacancy −$2.3k −$0.64
    EGI $52.1k $14.48
    − OpEx −$15.6k −$4.35
    NOI $36.5k $10.14
    3,600 SF · lease $15.12/SF/yr · vacancy 4.20% · expense 30.00%

    Alternative Uses

    Best Use
    Retail
    $521.5K
    $456.3K – $608.4K (±1% cap)
    NOI $36,502 @ 7.0% cap · market cap 6.19%
    Second Best
    Flex RnD
    $316.3K
    $276.8K – $369.0K (±1% cap)
    NOI $22,141 @ 7.0% cap · market cap 3.75%
    Theoretical Best
    Healthcare Medical
    $719.3K
    $629.4K – $839.2K (±1% cap)
    NOI $50,350 @ 7.0% cap · market cap 8.54%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Flex space

    Suggested Use

    Restaurant Building Supply Big Box & Wholesale Store Auto Repair Shop Food Market Grocery & Convenience Store Bar & Pub Garden Center Grocery & Convenience Store Cafe & Coffee Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Westerly
    County
    Washington
    State
    Rhode Island
    Longitude
    -71.7493395
    Latitude
    41.4054587

    FAQs

    What type of property is this?
    Flex space - Well-maintained 3,600 sq ft commercial building on 0.41 acres.
    Where is this flex space located?
    The property is located at 442 Bradford Road Westerly, RI.
    What is the asking price?
    The asking price for this property is $589,900.
    What are key features of this property?
    This property features: 3,600 sq ft commercial building on 0.41 acres.; Two large bays with high ceilings (12+ ft).; Generous off‑street parking.
    More about this property
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