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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

102 Granite St Westerly, RI 02891

4,000 SF
Property ID
Property summary
AI-generated overview

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 profile
Verified
Property type Retail properties & Spaces
Total area 4,000 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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