105 Franklin StWesterly, RI 02891
- Other commercial real estate
- 4.78 AC
Property Details for 105 Franklin St
- Lot size
- 4.78 AC
- Property type
- Other commercial real estate
- APN
- WEST M:98 B:70
- APU
- WESTM98B70
Description
This exceptional commercial property, located at 105 Franklin Street in Westerly, Rhode Island, offers a unique opportunity for businesses seeking flexible and well-situated office space. The property, a Class B building constructed in 1980, comprises three single-story buildings totaling 18,560 square feet situated on a 4.78-acre lot. The zoning is HC Highway Commercial, providing excellent visibility and accessibility. Multiple tenancies are available, with a minimum divisible space of 800 square feet and a maximum contiguous space of 1,600 square feet, perfect for a variety of business needs. The property boasts ample parking with over 150 spaces available for tenants and their clients. Located in the bustling Millpond Plaza, this location benefits from high visibility on heavily traveled roads, with an average daily traffic count exceeding 22,700 vehicles. Join a thriving community of businesses, including ACE Hardware and 38 other established tenants. The property features no elevators. This is an excellent opportunity to establish your business in a high-traffic, convenient location in Westerly, RI. The zip code is 02891, and Washington County is the location.
Valuation
by PT Realty methods
- Valuation date:
- Dec 11, 2024
-
Alternative Use
- Use
- Valuation
- Residential
- $39,402,800
- Hospitality
- $36,092,752
- Educational
- $30,028,748
- Medical
- $31,061,482
- Retail
- $46,711,384
Location Insight
- City
- Westerly
- County
- Washington
- State
- Rhode Island
- Latitude
- 41.36
- Longitude
- -71.812
- CBSA code
- 39300
- CBSA name
- PROVIDENCE-NEW BEDFORD-FALL RIVER, RI-MA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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