234 Water ST Active Save Request In-Person Tour Request Virtual Tour
Block Island,RI 02807
Key Details
Property Type Commercial
Sub Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 10,008 sqft
Price per Sqft $484
Subdivision Old Harbor
MLS Listing ID 1376252
Year Built 2001
Annual Tax Amount $15,933
Tax Year 2024
Lot Size 10,018 Sqft
Property Sub-Type Commercial
Property Description
Old Harbor is the center of Block Island's thriving tourism industry, known for its quaint streets, boutique shops, excellent dining, and proximity to the ferry. Located in the heart of Old Harbor, this mixed-use property presents a unique opportunity to own a piece of the island's vibrant community. Situated on a 10,000 sq ft lot with rare, dedicated parking, the property is designed for both function and convenience. The iconic main building includes three commercial units and three residential units, offering significant potential for investors. Built in 2000 in the historic Mansard style, the property blends modern amenities with architectural features that reflect the character of Block Island. Updates to the building include newer roof, windows, air conditioning, and decking. An additional 672 sq ft commercial outbuilding, originally built in 1900, adds further flexibility for various uses. Permitted uses by right include professional and business services, retail trade, restaurants, and physical fitness. Additional uses may be possible with a special use permit. Residential units can be offered for short-term or long-term rental or reserved for the owner's use. There is also potential for establishing a condominium ownership structure to maximize investment returns. With its prime location, sweeping harbor views, modern construction, and historical aesthetic, this property is well-suited to support a wide range of enterprises. Call for a showing today!
Location
State RI
County Washington
Community Old Harbor
Zoning OHC
Interior
Heating Baseboard,Zoned
Cooling Central Air,Heat Pump
Laundry In Unit
Exterior
Community Features Marina,Restaurant
Utilities Available Electricity Available,Fiber Optic Available,Natural Gas Connected,Municipal Utilities,Other,Water Connected,Sewer Connected
Amenities Available Restaurant
View Y/N Yes
View Water
Building
Building Description Frame,Other, Public Restrooms
Foundation Slab
Sewer Connected
Water Connected,Multiple Meters,Public
Structure Type Frame,Other
New Construction No
Others
Virtual Tour https://youtu.be/jMfaeH57kj0?rel=0