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    49 Beach St Westerly, RI 02891

    Sponsored
    For Lease
    $11 SF/Yr ($1,710 /Mo)

    Westerly storefront, 1,000 sq ft available

    Lot size:
    1,800 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional retail storefront, located at 49 Beach Street in Westerly, Rhode Island, presents a fantastic leasing opportunity. The property boasts 1,000 square feet of vacant space within a larger 1,800 square foot building situated on a 0.69-acre lot. The building, constructed in 1970, is classified as Class B and features a single story. Ample parking is available with 25 spaces provided for tenants and customers. The property is zoned GC General Commercial, allowing for a variety of retail uses. This prime location offers excellent visibility and accessibility, with 200 feet of road frontage and an average daily traffic count of 7,600 vehicles. The property is part of a thriving retail plaza, already home to a diverse mix of established businesses including a coffee shop, pet store, pizza restaurant, and vapor shop, creating a synergistic environment for new tenants. The lease rate for the 1,000 square foot space is $950 per month, plus utilities. This is an ideal opportunity for a business seeking high visibility and a strong customer base in a bustling Westerly location. The zip code is 02891.

    Property Features for 49 Beach St

    General Information

    Property type
    Individual retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    1,800 SF
    Class
    B
    Total Rate
    1710

    Building Details

    Year Built
    1970
    Buildings
    1
    Stories
    1

    Unit(s) available at that property

    Space
    Space Available
    Size
    1,000 SF
    Rate per SF
    $11

    HighLights

    • 1,000 SF retail space available in a thriving Westerly, RI retail plaza.
    • Suitable for quick‑service restaurants.
    • Located just outside of Downtown Westerly.
    • 200 feet of road frontage with 7,600 average daily traffic count.
    • Zoned GC General Commercial.
    • Ample parking with 25 spaces.
    Property Profile Location Intelligence

    Current Use by Public Records

    Junk & Java Coffee Shop Mr. Pizza Pizza Restaurant Hypnosis of Westerly Holistic Medicine Practitioner Kitty Corner Cat ... Veterinarian Kelaya Wild Beauty Salon

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Daycare Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Westerly
    County
    Washington
    State
    Rhode Island
    Longitude
    -71.82989883
    Latitude
    41.36631176

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    FAQs

    What type of property is this?
    Individual retail property - Westerly storefront, 1,000 sq ft available
    Where is this individual retail property located?
    The property is located at 49 Beach St Westerly, RI.
    What is the lease rate?
    The lease rate is $11 SF/Yr.
    What are key features of this property?
    This property features: 1,000 SF retail space available in a thriving Westerly, RI retail plaza.; Suitable for quick-service restaurants.; Located just outside of Downtown Westerly.
    Request Owner's contact information
    49 Beach St Westerly, RI 02891
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    Westerly, RI 02891
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    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
    49 Beach St Westerly, RI 02891
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