101 Franklin Street, Unit#1d Westerly

$1,100
800 sq ft

The Property

This is a rare opportunity to establish your business in a thriving commercial area with strong traffic, excellent accessibility, and long-term professional appeal. Grow your business with an approximately 800+/- sq ft office space, perfectly positioned on a busy street in Westerly. This unit offers excellent visibility and accessibility, directly facing a major shopping plaza that draws steady foot traffic. Inside, you’ll find a secure reception area leading to three flexible rooms and a half bath—ideal for various operational needs.

While it’s set up as an office, zoning permits a wide range of uses, such as, Medical, therapy, or wellness practices

beauty or salon services, boutique retail or floral shop. consulting, financial, or professional offices. Each unit has separate utilities, town sewage, gas, water, and central air conditioning. Ample parking is available. The property features a newer roof, an upgraded heating system, and beautifully maintained landscaping with a private lot, creating an appealing setting for any business. Conveniently located near I-95, close to the Connecticut/Rhode Island border, Downtown Westerly, and nearby beaches like Misquamicut, Weekapaug, and Watch Hill. Just 25 minutes from Narragansett, RI, and Mystic, CT. Tenants are responsible for electricity, gas, and one-seventh of snow removal costs.

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Listing Details

MLS Number

1402312

Lot Size:

0.44 acres

Features

  • Restrooms
  • Highway Access
  • Hospital
  • Interstate
  • Marina
  • Railroad
  • Restaurants
  • Shopping
  • Heating: Central Air, Central, Heat Pump
  • Heating Fuel: Central Air, Central, Heat Pump
  • Suburban
  • Year Built: 1986

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Market Trends for Commercial Properties
in Westerly

  • Overview
    Homes for Sale Today17-89.1% decrease in inventory
    New on Market *2-50% decrease in new listings
    Avg. Asking Price/Sq.Ft. *$1.75$19 decrease in List Price/Sq.Ft.
    Avg. Sale Price *$0$450,000 decrease in Avg. Sale Price
    Avg. Sale Price as % of Asking Price *%-100% decrease in Sales to List Price
    Avg. Sale Price/Sq.Ft. *$0.00$103 decrease in Sale Price/Sq.Ft.
    Avg. Days on Market of Sold *313 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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