For Lease
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Property summary
Approximately 800+/- sq ft commercial unit located on a busy street in Westerly, positioned with direct frontage facing a major shopping plaza, providing street-level visibility and accessible entry. The interior layout includes a secure reception area, three flexible rooms, and a half bathroom. Zoning allows a range of retail and service uses, including beauty salons, therapy and wellness practices, boutiques, or consulting firms. The unit has separate utilities, connected to town sewage, and includes gas service, water service, and central air conditioning. The property is supported by a newer roof, an upgraded heating system, and maintained landscaping on a private lot, and offers ample parking. The location is near I-95 along the Connecticut/Rhode Island border, with proximity to Downtown Westerly and nearby beaches including Misquamicut, Weekapaug, and Watch Hill, as well as regional access to Narragansett, RI and Mystic, CT.
Property profile
VerifiedCap rate & NOI
Current use
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Bank Loan Service
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Bank Credit Union
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Law Firm
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Physician Medical Clinic
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Real Estate Agency
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Derived from the Westerly market rent, vacancy and expense benchmarks for this use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2024Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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