Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search

    102 Granite St Westerly, RI 02891

    Sponsored
    For Lease
    $15 SF/Yr ($5,000 /Mo)

    4,000 SF Freestanding Retail Building

    Lot size:
    4,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 4,000 square foot freestanding retail building, located at 102 Granite Street in Westerly, Rhode Island, presents a unique investment opportunity. Completely renovated in 2024, the property boasts a brand-new exterior and windows, offering a fresh and modern aesthetic. The single-story building features a 14-foot ceiling height and one overhead door, providing convenient access for loading and unloading. The interior is currently a shell space, allowing for complete customization to suit a wide range of retail businesses. The property is zoned Highway Commercial (HC), ideal for businesses seeking high visibility and accessibility. Its strategic location directly abuts the Granite Street Shopping Center, benefiting from the existing foot traffic and customer base. Furthermore, the property enjoys a significant traffic count of 20,585 vehicles, ensuring substantial exposure for any tenant. Ample on-site parking is available for customers and employees. This prime retail space offers an unparalleled opportunity to establish a thriving business in a high-traffic, well-established commercial area. The building's recent renovation ensures a move-in ready condition, minimizing upfront costs and maximizing potential return on investment.

    Property Features for 102 Granite St

    General Information

    Property type
    Individual retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    4,000 SF
    Total Rate
    5000

    Building Details

    Year Renovated
    2024
    Buildings
    1
    Stories
    1

    Unit(s) available at that property

    Space
    Size
    4,000 SF
    Rate per SF
    $15

    HighLights

    • 4,000 SF freestanding retail building in Westerly, RI.
    • Single‑tenant occupancy.
    • Completely renovated in 2024, featuring new exterior and windows.
    • Features one overhead door and 14‑foot ceilings.
    • Highway Commercial zoning (HC).
    • Excellent location abutting Granite Street Shopping Center with ample on‑site parking and 20,585 daily traffic count.
    Property Profile Location Intelligence

    Current Use by Public Records

    Freestanding property

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Westerly
    County
    Washington
    State
    Rhode Island
    Longitude
    -71.820546302716
    Latitude
    41.372832505317

    Nearby Similar for Lease

    • Contact for pricing
      8,600 SF

      Westerly Retail Space For Lease

      Prime Retail Space, 8,600 SF Available
      and Rt. 1 Airport Rd, Westerly, RI 02891
      View Details
    • $14 SF/Yr
      800 SF

      Westerly Office Space For Lease

      800 SF Office/Retail Space Available
      62 Franklin St, Westerly, RI 02891
      View Details
    • $14 SF/Yr
      14,400 SF

      Westerly RI Office Space For Lease

      Franklin Street Office/Retail Suites
      105 Franklin St, Westerly, RI 02891
      View Details
    • Contact for pricing
      8,600 SF

      Retail Endcap Near Stop & Shop

      Retail endcap suitable for food use near major retailers.
      149 Franklin St, Westerly, RI 02891
      View Details
    • Contact for pricing
      157,315 SF

      Westerly Crossings Retail Center

      Prime Retail Space, High Traffic Area
      151 Franklin St, Westerly, RI 02891
      View Details
    • Contact for pricing
      76,619 SF

      Shoppes on Franklin: Retail Opportunity

      Prime Retail Space, I-95 Proximity, High Visibility
      64-68 Franklin St, Westerly, RI 02891
      View Details
    • $11 SF/Yr
      1,800 SF

      Beach Street Retail Opportunity

      Westerly storefront, 1,000 sq ft available
      49 Beach St, Westerly, RI 02891
      View Details
    • Contact for pricing
      34,687 SF

      Prime Westerly Retail Space

      High-traffic location, large spaces available
      248 Post Rd, Westerly, RI 02891
      View Details
    • $1,200 /Mo
      459 SF

      Turnkey Commercial Space For Lease

      Lower-level commercial space ready for immediate lease.
      80 Beach St, Westerly, RI 02891
      View Details
    • $18 SF/Yr
      1,300 SF

      Retail Space on Busy Route

      Retail space available in busy Westerly shopping plaza.
      240 Post Rd, Westerly, RI 02891
      View Details
    • $1,950 /Mo
      1,106 SF

      Professional Office Suite For Rent

      Professional office suite with private offices, reception, and conference room.
      31 Crestview Dr, Westerly, RI 02891
      View Details
    • Contact for pricing
      7,225 SF

      Retail Space Under Development

      Retail space available for lease in Westerly, Rhode Island.
      76 Franklin St, Westerly, RI 02891
      View Details

    FAQs

    What type of property is this?
    Individual retail property - 4,000 SF Freestanding Retail Building
    Where is this individual retail property located?
    The property is located at 102 Granite St Westerly, RI.
    What is the lease rate?
    The lease rate is $15 SF/Yr.
    What are key features of this property?
    This property features: 4,000 SF freestanding retail building in Westerly, RI.; Single-tenant occupancy.; Completely renovated in 2024, featuring new exterior and windows.
    Request Owner's contact information
    102 Granite St Westerly, RI 02891
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    102 Granite St
    Westerly, RI 02891
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    102 Granite St Westerly, RI 02891
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.