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Second-Floor Office Unit
New
For Lease
$550/Mo

53 High #26B, Westerly, RI 02891

Climate-controlled workspace with elevator access and utilities included except internet.

Space SizeContact for details
Days on Market5

Property Features for 53 High #26B

General Information

Standard status Active
Property subtype Commercial

Amenities

Central air
Central Air Cooling
Forced Air Heating

Building Details

Year Built 1926
Listing Agency: COLDWELL BANKER COASTAL HOMES
Listed By: OLINDA GABRIELE · License #RES.0048852
Source: Corcoran
Added: Aug 28 Changed: Aug 31 Last Checked: Aug 31 at 5:10PM

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 COLDWELL BANKER COASTAL HOMES

Investment Insights

Based on property information with market context.

This 110-square-foot office unit is located on the second floor of a 1926 commercial building in downtown Westerly. The space includes full climate control and access to a professional waiting area, supporting a polished office setting within a compact footprint.

Elevator service provides access to the second-floor unit. Utilities are included in the lease, excluding internet service, simplifying occupancy and ongoing operations.

Key Highlights

  • 110‑square‑foot office unit on the second floor
  • Elevator access to the office level
  • Full climate control

Property Analytics

Current Use

Lenihan Appraisal Company Real Estate Agency Almost Home Real ... Real Estate Agency ReReads Bookshop (Bike/Boat/Book/etc) Store Island Mist Natural ... (Bike/Boat/Book/etc) Store South County Public ... County Government Office

Suggested Use

Top Pick Real Estate Agency Dental Office Parking Lot & Garage Tech Support Center (Bike/Boat/Book/etc) Store Grocery & Convenience Store

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
$9.00 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

880
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

$24.38 /SF/Yr
Avg Asking Price
$13.64–$60 /SF/Yr
Price Range
703 SF
Avg Space Size

This space is priced 146% above the average of $24.38 /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 - Climate-controlled workspace with elevator access and utilities included except internet.
Where is this office units located?
The property is located at 53 High #26B Westerly, RI.
What is the lease rate?
The lease rate is $550/Mo.
What are key features of this property?
This property features: 110‑square‑foot office unit on the second floor; Elevator access to the office level; Full climate control
More about this property
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