Homes for sale - 85 Ocean AVE, Block Island, RI 02807

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Sheena Ruggirello

sheena.ruggirellos@gmail.com +1(860) 222-4734

$1,895,000

Est. payment - /mo

0.66 Acres Lot

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UPDATED:

12/24/2024 04:17 PM

Key Details

Property Type Commercial

Sub Type Business

Listing Status Active Under Contract

Purchase Type For Sale

Subdivision Old Harbor

MLS Listing ID 1355094

HOA Y/N No

Year Built 2018

Annual Tax Amount $4,542

Tax Year 2023

Contingent Inspection Period

Lot Size 0.660 Acres

Acres 0.66

Property 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 2017-2018, 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.

Location

State RI

County Washington

Community Old Harbor

Zoning SC

Rooms

Basement None

Interior

Heating Forced Air

Cooling Partial

Furnishings Unfurnished

Exterior

Community Features Marina, Restaurant, Shopping, High Traffic Location

Utilities Available Cable Available, Electricity Available, Natural Gas Available, Municipal Utilities, Water Connected, Sewer Connected

Amenities Available Restaurant

View Y/N Yes

View Water

Street Surface Dirt

Total Parking Spaces 18

Building

Lot Description Wetlands

Building Description Frame, Public Restrooms

Story 2

Foundation Slab

Sewer Connected, Sanitary

Water Public

Level or Stories 2

Structure Type Frame

New Construction No

Others

Tax ID 85OCEANAVNSHM

Security Features Closed Circuit Camera(s),Fire Alarm,Fire Sprinkler System

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Listed by Lila Delman Compass

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Sheena Ruggirello

+1(860) 222-4734

Agent | License ID: CN234452

Agent License ID: CN234452

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85 Ocean AVE Block Island, RI 02807

Sheena Ruggirello

Key Details

Location

Rooms

Interior

Exterior

Building

Others

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