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Financial
Distress signals
Property profile

49 Beach St Westerly, RI 02891

FOR LEASE
Showrooms
Property ID
US76-0293974
9,280 SF 0.69 ac lot Built 1970
Last sale Jul 1998 · $2,675,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 28-yr Hold Held for 28 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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49 Beach St, Westerly, RI 02891 For Lease
$975/Mo 800 SF available
49 Beach St, Westerly, RI 02891
View Listing

Property summary

AI-generated overview

The property is a retail plaza located just outside downtown Westerly, configured to provide office and retail space. A currently available unit offers approximately 800 square feet. The plaza has about 200 feet of road frontage and an average daily traffic count of approximately 7,600 vehicles. Existing businesses within the plaza include a coffee shop, pet store, pizza restaurant, and a vapor shop.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2024

What does the county charge?
$7k
Tax billed · 2024
Assessed value$661k
Assessed land$258k
Assessed improvement$403k
Effective rate1.04%

Value estimate

· Oct 2026
$345k
$311k – $380k
Submarket $/SF estimate$851k
NOI build-up
Gross scheduled income$12k
Vacancy & credit loss−$508
Operating expenses−$3k
NOI · 832.00% cap applied$8k

Realmo valuation models over county records and 8 qualifying comparable sales.

Recently sold

What actually traded nearby?
$208/SF
ZIP average, outlier-cleaned · 48 recorded sales of this use type
Observed band · Q1–Q3$92 – $356
Qualifying comparables8

Cap rate analysis

How does the asset earn?
832.00%
$8k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionWESTERLY

Location intelligence

Which uses thrive at this corner?
Best fit: Parking Facility
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Parking Facility10.7
Storage Facility8.7
HVAC Service8.6

Location

49 Beach St Westerly, RI 02891
County assessor Recorded deeds · 1 transfer 8 qualifying comp sales Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 14 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
77 Franklin, Westerly, RI 02891-3177 $1,178,425 Mar 2025 4,871 SF
126 Franklin, Westerly, RI 02891-3114 $2,812,500 Mar 2025 7,724 SF
236 Post, Westerly, RI 02891-2621 $11,100,000 Feb 2025 5,867 SF
32 Friendship, Westerly, RI 02891-6200 $1,100,000 Sep 2024 12,806 SF
9 Granite, Westerly, RI 02891-2207 $20,000 Jan 2024 6,132 SF
308 Shr, Westerly, RI 02891-3921 $1,100,000 Jul 2023 5,802 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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