101 Flr Westerly, RI 02891
This turnkey commercial office space, located at 101 Franklin Street, Westerly, RI 02891, offers 750 square feet of usable space on the first floor of a two-story building. Situated directly across from a bustling shopping plaza, this property benefits from high visibility and convenient access. The space features vaulted ceilings, three additional offices, and a private bathroom. Recent building upgrades include a new roof and HVAC system, ensuring efficient and comfortable operation. Central air conditioning is installed throughout. The space is ideally suited for office use, but flexible zoning allows for a variety of retail and service businesses. The building sits on a 19,166 square foot lot. This location provides easy access to Interstate 95, the Connecticut/Rhode Island border, and Westerly's popular beaches. A second-floor space of approximately 1,000 square feet is also available for lease, featuring four offices, a reception area, and a private bathroom. The asking price for this first-floor space is $1,395. The building was constructed in 1986 and consists of one building with two stories. This is a single-unit property.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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