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85 Ocean Avenue

Block Island, RI 02807
  • $2,375,000
  • STATUS: Active
  • ON SITE: 81 Days
  • MLS #: 1355094
UPDATED: 171 min ago
$2,375,000
  • 0
    BEDS
  • 0.66
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Business Opportunity
Built:
2018
County:
Area:

School Ratings & Info

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.

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[Rhode Island Statewide MLS] logo

© 2024 State-Wide Multiple Listing Service. All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from the Internet Data Exchange (IDX) program of the State-Wide MLS. Real estate listings held by brokerage firms other than John Krekorian | RE/MAX Flagship are marked with the MLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Information is deemed reliable but is not guaranteed accurate by the MLS or John Krekorian | RE/MAX Flagship. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 2024-06-19T19:37:53.997.
www.krekorianteam.com/homes/149017876
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85 Ocean Avenue Block Island, RI 02807

  • Price: $2,375,000
  • Status: Active
  • On Site: 81 Days
  • Updated: 171 min ago
  • MLS #: 1355094
0
Beds
0
Baths
0
½ Baths
0.66
Acres
2018
Built
Neighborhood:
Old Harbor
County:
Washington
Area:
Block Island
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.
Exterior Features

Construction Materials Frame Foundation Details Slab Frontage Length 70 Levels Two Lot Features Wetlands Parking Total 18 View Water View YN Yes

Interior Features

Basement None Basement YN No Building Features Public Restrooms Cooling Partial Furnished Unfurnished Heating Forced Air Heating YN Yes

Property Features

Association Amenities Restaurant Association Fee 0 Business Type Barber Beauty Bar Tavern Lounge Clothing Deli Catering Community Features Marina Restaurant Shopping High Traffic Location Electric Item200 Amp Service Human Modified YN No Land Lease YN No Lease Considered YN No New Construction YN No Owner Pays All Utilities Possible Use Commercial Residential Recreational Retail Property Sub Type Business Road Frontage Type City Street Road Surface Type Dirt Security Features Closed Circuit Cameras Fire Alarm Fire Sprinkler System Sewer Connected Sanitary Tax Annual Amount 4542.45 Tax Assessed Value 973200 Tax Lot 3-3 Tax Year 2023 Utilities Cable Available Electricity Available Natural Gas Available Municipal Utilities Water Connected Sewer Connected Water Source Public Zoning SC

[Rhode Island Statewide MLS] logo Listing information © 2024 State-Wide Multiple Listing Service.
Listing provided courtesy of Lila Delman Compass: .



[Rhode Island Statewide MLS] logo

© 2024 State-Wide Multiple Listing Service. All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from the Internet Data Exchange (IDX) program of the State-Wide MLS. Real estate listings held by brokerage firms other than John Krekorian | RE/MAX Flagship are marked with the MLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Information is deemed reliable but is not guaranteed accurate by the MLS or John Krekorian | RE/MAX Flagship. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 2024-06-19T19:37:53.997.
 
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John Krekorian | RE/MAX Flagship
140 Point Judith Road #23
Narragansett RI, 02882