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Retail Space in Westerly Plaza
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49 Beach St, Westerly, RI 02891

Retail space for lease in Westerly with road frontage.

Space Size1,000 SF
Property Size1,800 SF
Days on Market1552

Property Features for 49 Beach St

General Information

Standard status Active
Size 1,000 SF
Class B
Total Parking Spaces 25
Property subtype Retail
Lease Type Modified Gross

Building Details

Building Size 1,800 SF
Year Built 1970
Tenancy Multiple

Spaces For Lease

at 49 Beach St Contact us

1,000sf

Size
1,000 SF
Type
Retail
Lease Type
Modified Gross
Availability
Active
Contact us
Listing Agency: Signature Properties of New England
Listed By: Norm Peck · License #RES.0528743
Source: Crexi
Added: May 23, 2022 Changed: Aug 10 Last Checked: Aug 19 at 8:06AM

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 New England

Investment Insights

Based on property information with market context.

Retail space is available for lease in a retail plaza located just outside of downtown Westerly. The property features 200 feet of road frontage and an average daily traffic count of 7,600 vehicles. The available space is 1,000 square feet and is offered at $950 per month plus utilities. Current tenants in the plaza include a coffee shop, pet store, pizza restaurant, and vapor shop.

Key Highlights

  • High visibility with 200' of road frontage.
  • High traffic location: 7,600 daily average traffic count.
  • Affordable lease rate: $950/month + utilities for 1,000sf.

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

647
Businesses Nearby
4k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 100%
Shell Shops & Services
4,487 visits/mo 0.5 miles

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

$15.22 /SF/Yr
Avg Asking Price
$7.13–$21 /SF/Yr
Price Range
2,994 SF
Avg Space Size

This space is priced 6% below the average of $15.22 /SF/Yr.

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
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Frequently Asked Questions

What type of property is this?
Retail space - Retail space for lease in Westerly with road frontage.
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 $14.25 SF/Yr.
What are key features of this property?
This property features: High visibility with **200' of road frontage**.; High traffic location: 7,600 daily average traffic count.; Affordable lease rate: **$950/month + utilities for 1,000sf**.
(860) 447-8839 Call to check price and availability
More about this property
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