Westerly Retail Space For
For Lease
$10 SF/Yr
98 Main St, Westerly, RI 02891
High-visibility retail space in the heart of Westerly.
Property Size14,000 SF
Days on Market96
Property Features for 98 Main St
General Information
Standard status
Active
Size
14,000 SF
Property subtype
Commercial
Building Details
Year Built
1950
Listing Agency:
Switz Real Estate Associates
(860) 884-6003
Listed By:
Thomas Switz · License #REB.0757584
(860) 884-6003
Source:
Elliman
Added: Apr 26
Changed: Jul 10
Last Checked: Jul 29 at 11:15AM
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 Switz Real Estate Associates
Investment Insights
Based on property information with market context.
This commercial property offers a high-visibility location suitable for starting or relocating a business in the heart of Westerly. The building provides over 14,000 square feet of space, with the possibility of subdividing. Ample parking is available. The property is located in the DC2 zone, and is neighbored by several well-established and high-volume businesses.
Key Highlights
- High visibility location in the heart of Westerly
- Over 14,000 square feet of space
- Ample parking available
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$1.50 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
755
Businesses Nearby
11k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
Mobil
Shops & Services
6,362 visits/mo
0.4 miles
Shell
Shops & Services
4,487 visits/mo
0.0 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
$15.45 /SF/Yr
Avg Asking Price
$7.13–$21 /SF/Yr
Price Range
3,541 SF
Avg Space Size
This space is priced 35% below the average of $15.45 /SF/Yr.
Vacancy Rate% for Retail in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - High-visibility retail space in the heart of Westerly.
Where is this retail space located?
The property is located at 98 Main St Westerly, RI.
What is the lease rate?
The lease rate is $10 SF/Yr.
What are key features of this property?
This property features: High visibility location in the heart of Westerly; Over 14,000 square feet of space; Ample parking available