267 Post Rd, Westerly, RI 02891
This exceptional commercial property, located at 267 Post Road in Westerly, Rhode Island, presents a unique investment opportunity. Situated within the well-maintained Spindrift Village plaza, this 1,800 square foot space offers a flexible floor plan ideal for a variety of uses. The property is zoned for numerous retail and service businesses, providing limitless potential for entrepreneurs and established companies alike. Built in 1984, the single-story building sits on a substantial 181,645 square foot lot, providing ample parking for customers and employees. A key feature is the convenient rear service/employee entrance, enhancing operational efficiency. The unit also includes a private bathroom. The high traffic count and prominent location within Spindrift Village ensure excellent visibility and accessibility, making this an attractive proposition for businesses seeking a strong presence in the Westerly market. The property is available for immediate lease and is part of a larger 1-unit complex. The zip code is 02891, and the property is located in Washington County. This is a rare opportunity to secure a well-located, versatile commercial space in a thriving Rhode Island community.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.