101 Franklin Street, Unit#1b - 1st Floor Westerly

$1,050
750 sq ft

The Property

Discover an exceptional opportunity to elevate your business with this 750 sq ft, office space, ideally situated on a very busy street in Westerly. Boasting unparalleled visibility and accessibility, this unit is directly across from a major shopping plaza, ensuring a constant flow of potential clientele.

This office space unit offers 3 versatile rooms and a half bath, providing ample space for your operational needs. Ideally setup for an office but zoning allows for many types of retail and service such as a beauty salon/barber shop, therapy practice, wellness center, fashion boutique or a consulting firm.


Property offers office units with individual utilities, town sewage, gas, water, and two individual ductless mini splits providing ideal heating and cooling. You’ll also find convenient parking available in both the front and back of the building. The property boasts a newer roof, newer heating system, and exceptional manicured landscaping with a private parking lot, ensuring a well-maintained and attractive environment for your business.

This property is near I-95, the Connecticut/Rhode Island border, Downtown Westerly, and the beaches of Misquamicut, Weekapaug, and Watch Hill, which are all a few miles away. It is also approximately 25 minutes from Narragansett, RI and Mystic, CT in either direction.

Tenant pays for electricity, and 1/7 snow removal expenses. No nail salon and/or nail/pedicure services, No massage spa.

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Listing Details

MLS Number

1386072

Lot Size:

0.44 acres

Features

  • Restrooms
  • Golf
  • Highway Access
  • Hospital
  • Interstate
  • Marina
  • Railroad
  • Recreational Facilities
  • Restaurants
  • Schools
  • Shopping
  • Restaurant
  • Heating: Heat Pump
  • Heating Fuel: Heat Pump
  • Paved
  • Sidewalks
  • Suburban
  • Year Built: 1986

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Market Trends for Commercial Properties
in Westerly

  • Overview
    Homes for Sale Today18-87.8% decrease in inventory
    New on Market *2-60% decrease in new listings
    Avg. Asking Price/Sq.Ft. *$155.18$154 increase in List Price/Sq.Ft.
    Avg. Sale Price *$665,000$120,000 decrease in Avg. Sale Price
    Avg. Sale Price as % of Asking Price *102.47%2.5% increase in Sales to List Price
    Avg. Sale Price/Sq.Ft. *$0.00$131 decrease in Sale Price/Sq.Ft.
    Avg. Days on Market of Sold *1806 decrease in days on market

    * All data is calculated based on the last 30 days

  • Avg. Sale Price
  • Avg. Days on the Market
  • New Market Inventory
  • Lila's Estimate

    Realtors Property Resource

    This is an estimate home valuation provide by RPR. It is based on RPR’s estimate market value and not an appraisal. You can use it as a starting point on the home’s value.

    ...

    Zillow

    This is an estimate home valuation provide by Zillow. It is based on Zillow’s estimate market value and not an appraisal. You can use it as a starting point on the home’s value.

    Real value?

    Contact Us

    Online estimates take you only so far. One of our associates can give you a market analysis of what your homes value.

Listed by Bhhs New England Properties

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