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

53 High Street, Westerly, RI 02891

Commercial/Business,Commercial Lease, Westerly, RI

Space Size110 SF
Lot Size0.24 Acres
Days on Market1

Property Features for 53 High Street

General Information

Property type Commercial Lease
Property subtype Other
Interior features Ceiling Height (9 to 12 Ft)
Lot features Downtown
Standard status Active
Size 110 SF
Lot size 0.24 Acres

Taxes and HOA fees

Tax Year 2026

Utilities

Cooling system Central Air

Amenities

full climate control
professional waiting area

Building Details

Year built 1926
Number of units 1
Building materials Brick
Listing Agency: Coldwell Banker Coastal Homes · Coldwell Banker Real Estate
Listed By: Olinda Gabriele
Added: Aug 28 Last Checked: Aug 28 at 10:06PM
MLS# 1421843

Copyright © 2026 State Wide MLS of Rhode Island, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 110-square-foot office unit is located on the second floor of a brick building constructed in 1926. The space features central air, full climate control, 9-to-12-foot ceilings, elevator service, and access to a professional waiting area.

Situated at 53 High Street in downtown Westerly, the unit includes utilities other than internet. Its compact configuration provides a dedicated setting for office use within an established commercial building.

Key Highlights

  • 110 square feet of second‑floor office space
  • Central air and full climate control
  • Elevator‑served building with professional waiting area

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

$18.49 /SF/Yr
Avg Asking Price
$14.25–$25 /SF/Yr
Price Range
671 SF
Avg Space Size

This space is priced 225% above the average of $18.49 /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
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office units - Climate-controlled office space includes utilities, elevator access, and a professional waiting area.
Where is this office units located?
The property is located at 53 High Street 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 feet of second‑floor office space; Central air and full climate control; Elevator‑served building with professional waiting area
More about this property
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