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    Property profile & analytics
    OFF-MARKET Estimated value $515,000
    Investment properties

    85 Bch St, Westerly, RI 02891-2717

    4,693 SF 0.53 ac lot Built 1790
    Individually Owned 1-yr Hold ~ Est. High Equity
    Property ID
    US76-0297112
    Property summary
    AI-generated overview

    This exceptional investment opportunity presents a two-story, 1-unit office building situated at 85 Beach Street, Unit 6, in Westerly, Rhode Island. Constructed in 1988, this property offers a versatile space suitable for various commercial uses, including traditional office, medical office, executive office, specialty services, and even dental practices. The building sits on a lot with 0 square feet, indicating a potential for redevelopment or expansion depending on zoning regulations. The asking price is $179,000. Located in Washington County, this property benefits from its address in the vibrant Westerly community, offering convenient access to local amenities and transportation networks. The building's classification as commercial, traditional office, medical office, and executive office highlights its adaptability to a range of professional needs. This is a unique chance to acquire a well-located, established building in a desirable Rhode Island market. The property's single-unit structure simplifies management and ownership, making it an attractive option for both seasoned investors and first-time buyers. Further investigation into zoning and potential development opportunities is encouraged. The property's address is 85 Beach Street, Unit 6, Westerly, RI 02891.

    Property profile
    Verified
    Property type Investment properties
    Use group OFFICE/RESIDENTIAL (MIXED USE)
    Year built 1790
    Construction FRAME
    Total area 4,693 SF
    Lot 0.53 ac (22,892 SF)
    APN WEST M:86 B:40 L:A
    UPID US76-0297112
    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
    Current use
    Occupant on record · Public records
    • Advanced Aesthetic Dentistry: Mourad Rahim, DMD, Soha Alkoka, DMD Dental Office
    • Shaw Terri M Dental Office
    • Priestley Joseph A Law Firm
    • Kyle Hopkins Foster Care Service Social Service Agency
    • The Law Office of Attorney Marc A. Page, Inc. Law Firm
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $691k
    Blend (final) Blend
    $515k
    Owner & transaction history
    Christopher M Toscano · 1 yrs held
    Christopher M Toscano
    since 2024
    7 recorded transactions
    2024
    $160,000
    2024
    2023
    $165,000
    2020
    $113,000
    2020
    $87,500
    2019
    2019
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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