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Executive Summary

Located in downtown Westerly this 6500 +/- sq. ft. commercial building offers approx. 5000 sq. ft. of prime first floor retail space, 2 residential apartments and another 4000+/- additional space in the basement. The first-floor commercial space has 12-foot ceiling height and a ground level loading door with good parking available in back of the building. Convenient location, ideal space for many different uses. Located across the street from the Westerly Train Station and in town where you can enjoy all the wonderful restaurants, cafe's, local shopping, the renovated YMCA and beautiful Wilcox Park.

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
9,935 SF
Building Class
C
Year Built
1900
Price
$1,229,562 CAD
Price Per SF
$123.76 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.91
Lot Size
0.25 AC
Opportunity Zone
Yes
Zoning
DC - Contact Town of Westerly RI for zoning uses.
Parking
16 Spaces (1.61 Spaces per 1,000 SF Leased)
Frontage
59’ on Railroad Ave

Amenities

  • Bus Line
  • Commuter Rail

Major Tenants

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease End
  • Brausa Carlson Gracie Jiu Jitsu Team
  • Educational Services
  • -
  • -
  • -
  • Hardcore Training
  • Educational Services
  • -
  • -
  • -
Tenant Industry SF Occupied Rent/SF Lease End
Brausa Carlson Gracie Jiu Jitsu Team Educational Services - - -
Hardcore Training Educational Services - - -
Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
40/100

Nearby Major Retailers

CrossFit
Rent-A-Center
Starbucks

Property Taxes

Property Taxes

Parcel Number
WEST-000056-000051A
Land Assessment
$153,319 CAD
Improvements Assessment
$322,504 CAD
Total Assessment
$475,823 CAD
  • Listing ID: 37066090

  • Date on Market: 2025-08-01

  • Last Updated:

  • Address: 31-33 Railroad Ave, Westerly, RI 02891

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