85 Ocean Avenue Block Island, RI 02807

3 Baths
2,992 Sqft
30,054 Sqft lot
0.69 Acre lot
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$2,100,000 Est. $7,733 / mo.*
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Status: Active
Property Type: Single Family
Year Built: 2018
Neighborhood: Town & Old Harbor
Days on Website: 239

Courtesy of Lila Delman Compass.

Description

Introducing The Gateway Commons, a remarkable commercial property ideally positioned just moments away from the dynamic town center. This meticulously maintained establishment, erected in 2017, currently thrives as a bar/restaurant and presents a myriad of business opportunities within the Block Island Service Commercial zone. Spanning two levels, the building boasts expansive dining and bar areas, two distinct kitchens, one with the potential for full-service capabilities, three bathrooms, an office space, and ample storage. The second floor holds promise for further development, with the potential to convert the unfinished attic into an apartment, pending planning and zoning approvals. With nineteen parking spots and full ADA compliance, this property is poised for diverse ventures in a highly accessible locale. Whether sustaining the existing enterprise or venturing into new realms, the Gateway Crossing building offers an exceptional platform for commercial success at the core of the community. The Old Island Pub Business is not for sale.

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Property Details and Features

  • Frontage length: 70
  • AccessibilityFeatures
  • AccessibleApproachWithRamp
  • AccessibleDoors
  • ExhaustFan
  • GasWaterHeater
  • Microwave
  • RangeHood
  • 3 full bathrooms
  • 3 total bathrooms
  • Built in 2018
  • 1,496 above grade finished sqft
  • Total building area: 2992
  • Construction materials: Drywall,Clapboard,ShingleSiding
  • Living area: 2992
  • 2
  • 2 total stories
  • Features: Marina,Other,Restaurant,Shopping,SeeRemarks
  • None
  • SprinklerIrrigation
  • None
  • CeramicTile
  • WalkToWater
  • ForcedAir
  • Propane
  • Attic
  • InternalExpansion
  • PermanentAtticStairs
  • CableTv
  • Listing ID: 1354663
  • Standard status: Active
  • 178 days on market
  • 1,496 below grade finished sqft
  • 0.6899 acres
  • 30,054 sqft
  • Features: SprinklerSystem
  • NoGarage
  • Parking total: 0
  • Negotiable
  • View: Saltwater,Water
  • Zoning: SC
  • 4 total rooms
  • SecuritySystemOwned
  • Connected
  • PublicSewer
  • Annual amount: $4,542
  • Year: 2023
  • Amps200OrMore
  • SewerConnected
  • UndergroundUtilities
$2,100,000 - 0Br/3Ba - for Sale in Town & Old Harbor, Block Island
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Location

$2,100,000 - 85 Ocean Avenue, Block Island, RI 02807
85 Ocean Avenue Block Island, RI 02807
1,496 below grade finished sqft

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