FOR SALE0.69 ACRES
85 Ocean Ave
Block Island, RI 02807
Studio
3 Baths
2,992 sqft (on 0.69 acres)
- Studio
- 3 Baths
- 2,992 sqft (on 0.69 acres)
Studio
3 Baths
2,992 sqft
(on 0.69 acres)
Local Information
© Google
-- mins to
Commute Destination
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.
Home Highlights
Parking
No Info
Outdoor
No Info
A/C
Heating only
HOA
None
Price/Sqft
$794
Listed
34 days ago
Home Details for 85 Ocean Ave
Interior Features |
|---|
Interior Details Basement: NoneNumber of Rooms: 4Types of Rooms: Bathroom |
Beds & Baths Number of Bathrooms: 3Number of Bathrooms (full): 3 |
Dimensions and Layout Living Area: 2992 Square Feet |
Appliances & Utilities Utilities: Sewer Connected, Water Connected, Underground Utilities, Cable TVAppliances: Exhaust Fan, Range Hood, Microwave, Gas Water HeaterMicrowave |
Heating & Cooling Heating: Bottle Gas,Forced AirNo CoolingAir Conditioning: NoneHas HeatingHeating Fuel: Bottle Gas |
Fireplace & Spa Fireplace: NoneNo Fireplace |
Gas & Electric Electric: 200+ Amp Service |
Windows, Doors, Floors & Walls Flooring: Ceramic Tile |
Levels, Entrance, & Accessibility Number of Stories: 2Accessibility: Flat Thresholds, Ramps (No steps), Accessible DoorsFloors: Ceramic Tile |
View Has a ViewView: Water |
Security Security: Alarm Owned |
Exterior Features |
|---|
Exterior Home Features Foundation: SlabNo Private Pool |
Parking & Garage No CarportNo GarageNo Attached GarageParking: No Garage |
Frontage Waterfront: Walk to Fresh Water, Walk to Salt Water, Walk To WaterNot on Waterfront |
Water & Sewer Sewer: Municipal |
Farm & Range Frontage Length: 70 |
Finished Area Finished Area (above surface): 1496 Square FeetFinished Area (below surface): 1496 Square Feet |
Days on Market |
|---|
Days on Market: 34 |
Property Information |
|---|
Year Built Year Built: 2018 |
Property Type / Style Property Type: ResidentialProperty Subtype: Single Family Residence |
Building Construction Materials: Clapboard, Shingle Siding, Dry Wall, Mixed Plumbing, Insulation (Ceiling), Insulation (Walls)Not a New Construction |
Price & Status |
|---|
Price List Price: $2,375,000Price Per Sqft: $794 |
Status Change & Dates Possession Timing: Negotiable |
Active Status |
|---|
MLS Status: Active |
Media |
|---|
Location |
|---|
Direction & Address City: Block Island |
Agent Information |
|---|
Listing Agent Listing ID: 1354663 |
Community |
|---|
Not Senior Community |
HOA |
|---|
HOA Fee: No HOA Fee |
Lot Information |
|---|
Lot Area: 0.69 acres |
Compensation |
|---|
Buyer Agency Commission: 2Buyer Agency Commission Type: % |
Notes The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed |
Miscellaneous |
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Mls Number: 1354663Attic: Attic Stairs, StorageWater ViewWater View: Water, Freshwater View, Saltwater View |
Last check for updates: 1 day ago
Listing courtesy of Wendy Crawford, (401) 714-1999
Lila Delman Compass
Source: StateWide MLS RI, MLS#1354663
Price History for 85 Ocean Ave
| Date | Price | Event | Source |
|---|---|---|---|
| 03/29/2024 | $2,375,000 | Listed For Sale | StateWide MLS RI #1354663 |
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Property Taxes and Assessment
| Year | 2023 |
|---|---|
| Tax | $5,239 |
| Assessment | $739,920 |
Home facts updated by county records
Comparable Sales for 85 Ocean Ave
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.15 | Single-Family Home | $1,825,000 | 03/01/24 | 4 | 3 | 4,062 | |
0.07 | Single-Family Home | $1,050,000 | 03/29/24 | 4 | 3 | 1,534 | |
0.16 | Single-Family Home | $1,600,000 | 11/22/23 | 4 | 3 | 2,596 | |
0.34 | Single-Family Home | $1,875,000 | 07/21/23 | 3 | 4 | 2,000 | |
0.07 | Single-Family Home | $600,000 | 03/26/24 | 2 | 1 | 1,164 | |
0.42 | Single-Family Home | $1,400,000 | 04/15/24 | 3 | 2 | 1,222 | |
0.34 | Single-Family Home | $1,900,000 | 09/20/23 | 2 | 1 | 922 | |
0.62 | Single-Family Home | $2,727,000 | 03/15/24 | 4 | 4 | 4,176 |
What Locals Say about Block Island
- Kathryn h.
- Visitor
- 5y ago
"I’ve been coming out to Block Island every summer for the last 32 years, and it’s a second home for me and my family. "
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Wendy Crawford, Lila Delman Compass
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
Copyright © 2024 State-Wide MLS, Inc. All rights reserved.
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
85 Ocean Ave, Block Island, RI 02807 is a studio, 3 bathroom, 2,992 sqft single-family home built in 2018. This property is currently available for sale and was listed by StateWide MLS RI on Mar 29, 2024. The MLS # for this home is MLS# 1354663.