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

3 Baths

2,992 SqFt

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UPDATED:

12/24/2024 04:15 PM

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active Under Contract

Purchase Type For Sale

Square Footage 2,992 sqft

Price per Sqft $633

Subdivision Town & Old Harbor

MLS Listing ID 1354663

Full Baths 3

HOA Y/N No

Abv Grd Liv Area 1,496

Year Built 2018

Annual Tax Amount $4,542

Tax Year 2023

Contingent Inspection Period

Lot Size 0.690 Acres

Acres 0.6899

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, 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 Town & Old Harbor

Zoning SC

Rooms

Basement None

Interior

Interior Features Attic, Internal Expansion, Permanent Attic Stairs, Cable TV

Heating Forced Air, Propane

Cooling None

Flooring Ceramic Tile

Fireplaces Type None

Fireplace No

Appliance Exhaust Fan, Gas Water Heater, Microwave, Range Hood

Exterior

Exterior Feature Sprinkler/Irrigation

Community Features Marina, Other, Restaurant, Shopping, See Remarks

Utilities Available Sewer Connected, Underground Utilities

Waterfront Description Walk to Water

View Y/N Yes

View Saltwater, Water

Handicap Access Accessibility Features, Accessible Approach with Ramp, Accessible Doors

Garage No

Building

Lot Description Sprinkler System

Story 2

Foundation Slab

Sewer Connected, Public Sewer

Water Connected, Public

Level or Stories 2

Structure Type Drywall,Clapboard,Shingle Siding

New Construction No

Others

Senior Community No

Tax ID 85OCEANAVNSHM

Security Features Security System Owned

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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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