Commercial Real Estate Listings in Westerly, RI
The Westerly real estate market has a lot to offer.
You will find that Retail space accounts for the largest share of CRE for rent opportunities on the local market. Meanwhile, Office space accounts for the second-largest share of listings on the market.
Type
No. of Listings
Space Available
Retail
3
244,088 Sq. Ft.
Office
2
18,557 Sq. Ft.
Industrial
1
34,515 Sq. Ft.
Office
6.24%
Retail
82.14%
Industrial
11.61%
Top Locations for Commercial Space in Westerly, RI
Depending on the type of space that you’re looking for, different areas of Westerly may suit your needs differently.
The city’s Downtown Westerly neighborhood has the highest concentration of CRE listings, offering 6 availabilities on the market.
The Dunns Corner neighborhood is home to the second-largest number of leasing opportunities — 2 listing(s).
At the same time, it is worth noting that the concentration of one particular type of commercial real estate in an area is a good indication of the potential of that neighborhood or submarket. For example, if you want to rent an office, consider that you will find the largest concentration of opportunities in Downtown Westerly.
Neighborhood with most CRE Listings
No. of Spaces
Downtown Westerly
6
Dunns Corner
2
Westerly State Airport
1
Areas with numerous industrial properties are also more likely to be well-connected logistically. The Westerly State Airport area is the local Westerly submarket with the most listings for rent, at this time.
Retail properties can be both scattered and clustered, mostly depending on the use type and where it best fits in order to be close to the customers. In Westerly, you’ll find the most such opportunities for lease to be in Downtown Westerly.
Neighborhood with most Retail Listings
No. of Spaces
Downtown Westerly
5
Dunns Corner
2
Commercial Real Estate for Sale in Westerly, RI
If you’re looking to invest in real estate rather than to lease, the local real estate market also has something to offer.
There are currently 37,972 square feet of commercial property for sale in Westerly.
The largest investment opportunity on the local market offers 34,515 square feet of earning potential.
If you are looking to buy a smaller property, consider that local listings for sale start at 1,500 square feet.
It’s worth noting that not all sale opportunities will have a price listed, but it is easy to reach out to the property representative for more information or to schedule a tour using the contact form or the contact details available on the listing page.
Mixed-Use and Green Commercial Real Estate in Westerly, RI
Mixed-use properties incorporate at least two different types of commercial real estate, which can present a series of advantages. The different real estate types in a mixed-use property can complement each other in ways that sustain mutual success. For instance, ground-floor retail spaces may benefit from the constant stream of office workers to and from the upper floors of the same building, as well as serve the surrounding community.
35 Wells Street, Downtown Westerly, Westerly, RI
185 South Broad Street, Pawcatuck, CTProperty
100 Mechanic Street, Pawcatuck, CTProperty
CT-2 Norwich-Westerly Road, North Stonington, CT
75 Frontage Road, North Stonington, CTProperty
3 Pearl Street Mystic, West Mystic, Groton, CTProperty