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Westerly Retail Plaza Office/Retail Space
For Lease
$950/Mo

49 Beach St, Westerly, RI 02891

Office/Retail space in Westerly retail plaza available for lease.

Space SizeContact for details
Property Size800 SF
Lot Size0.69 Acres
Days on Market153

Property Features for 49 Beach St

General Information

Standard status Active
Size 800 SF
Lot size 0.69 Acres
Property subtype Commercial

Building Details

Building Size 800 SF
Year Built 1970
Stories 1
Listing Agency: Signature Properties of N.E.
Listed By: Norman B. Peck · License #RES.0528743
Source: Elliman
Added: Mar 10 Changed: Aug 8 Last Checked: Aug 8 at 4:55AM

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 Signature Properties of N.E.

Investment Insights

Based on property information with market context.

Office and retail space is available for lease in a retail plaza located just outside of downtown Westerly. The property benefits from 200 feet of road frontage and an average daily traffic count of 7,600 vehicles. The available space is 800 square feet and is offered at $950 per month, plus utilities. Other tenants in the plaza include a coffee shop, pet store, pizza restaurant, and vapor shop. This location is suitable for retail or office use.

Key Highlights

  • High Visibility: 200' of road frontage in a retail plaza.
  • High Traffic: Average daily traffic count of 7,600 vehicles.
  • Affordable Lease Rate: $950/month plus utilities for 800sf.

Property Analytics

Current Use

Junk & Java Cafe & Coffee Shop Mr. Pizza Restaurant Hypnosis of Westerly Physician Kitty Corner Cat ... Veterinary Clinic Kelaya Wild Hair Salon

Suggested Use

Top Pick Parking Lot & Garage Storage Facility HVAC Service Grocery & Convenience Store Plumbing Service Garden Center

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

NNN (Triple Net)
Lease Type
$2.14 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

450
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

$15.45 /SF/Yr
Avg Asking Price
$7.13–$21 /SF/Yr
Price Range
2,833 SF
Avg Space Size

This space is priced 8% below the average of $15.45 /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?
Retail space - Office/Retail space in Westerly retail plaza available for lease.
Where is this retail space located?
The property is located at 49 Beach St Westerly, RI.
What is the lease rate?
The lease rate is $950/Mo.
What are key features of this property?
This property features: High Visibility: 200' of road frontage in a retail plaza.; High Traffic: Average daily traffic count of 7,600 vehicles.; Affordable Lease Rate: $950/month plus utilities for 800sf.
More about this property
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