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Property profile & analytics

101 Bay St Westerly, RI 02891-5746

  • Commercial real estate
  • 479 SF
OFF-MARKET
Value Estimations
Cap Rate Potential
Location Intelligence
Property ID
US76-0289583
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Cox / Telecommunications Contractor
  • Elizabeth McKay / Women'S Clothing Store

Property Details for 101 Bay St

Year built
1940
Construction
FRAME
Property size
479 SF
Property type
Commercial real estate
APN
WEST M:185 B:32 L:E U:3
APU
WESTM185B32LEU3

Description

This exceptional commercial property at 101 Bay Street, Westerly, Rhode Island, presents a unique seasonal retail opportunity in the desirable Watch Hill area. Situated on a sizable 43,560 square foot lot, this property boasts stunning water views and convenient public parking. The building, constructed in 1940, comprises five structures and offers a versatile 1-unit space ideal for various retail uses. Currently configured as a wide-open space, it's freshly painted and ready for immediate occupancy. The space allows for customization, with the possibility of adding storage, dressing rooms, shelving, and counter space to suit your specific needs. Existing ceiling spot lighting is included. While the building lacks heat and insulation, the use of space heaters and air conditioning units is permitted. The lease is structured for an initial one-year term, followed by a five-year lease. Rental payments are spread across eight months (February 1st to September 1st). A security deposit and proof of insurance are required. Direct access to a back lot and beach area adds significant appeal to this already attractive location. This property is listed at $29,000. The property is zoned for Commercial, Sports/Entertainment, Storefront, Traditional Office, Farm, Amusement (Indoor), Clothing Store, Interior Design, and Real Estate uses.


Value Estimations

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Location Insight

  • Map
  • Local Demand
City
Westerly
County
Washington
State
Rhode Island
Longitude
-71.8582
Latitude
41.31
CBSA code
39300
CBSA name
PROVIDENCE-NEW BEDFORD-FALL RIVER, RI-MA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$2,423
$0.00
$247,000
$247,000
-
$0.00
$0.00
$0.00
More about this property
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