Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
    New search
    Property profile & analytics
    OFF-MARKET
    Office Spaces

    101 Flr, Westerly, RI 02891

    Built 1986
    Property ID
    Property summary
    AI-generated overview

    This exceptional commercial property at 101 Franklin Street, Westerly, Rhode Island, offers a 750-square-foot first-floor office space available for immediate lease. Located directly across from a bustling shopping plaza, this unit benefits from abundant natural light. The space features a main office with vaulted ceilings, accessible via double doors. Three additional offices and a private bathroom provide ample privacy and functionality. The building, constructed in 1986, boasts recent upgrades including a new roof and HVAC system, ensuring comfort and efficiency. Central air conditioning is included. The property sits on a 19,166-square-foot lot and is part of a two-story building. While ideally suited for office use, the zoning permits a variety of retail and service businesses. Its convenient location offers easy access to I-95, the Connecticut/Rhode Island border, and Westerly's beautiful beaches. A larger 1,000-square-foot second-floor space 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. This is a turnkey opportunity in a high-traffic area. The property's address is 101 Franklin Street, Westerly, RI 02891.

    Property profile
    Verified
    Property type Office Spaces
    Year built 1986
    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
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Try Rey
    Ask anything about this address in plain English.
    “Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
    You own 101 Flr?
    List it free. Reach 20,000 daily buyers.
    We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
    List this address →
    More about this property
    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