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$1,895,000
273 Days On Site

85 Ocean Avenue
Block Island, RI 02807

For Sale|Business|Active Under Contract
0
Beds
0
Full Baths
0
Partial Baths

SqFt

/SqFt
2018
Built
Subdivision:
Old Harbor
County:
Washington
Call Now: (401) 426-4778
Is this the home for you? We can help make it yours.
(401) 426-4778
85 Ocean Avenue85 Ocean Avenue85 Ocean Avenue85 Ocean Avenue
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Mortgage Calculator

Monthly Payment (Est.)

$8,646
Calculator powered by Showcase IDX. Copyright ©2024 Information is deemed reliable but not guaranteed.

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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Listing Snapshot
Price 
$1,895,000
Days On Site 
273 Days
Bedrooms 
N/A
Inside Area (SqFt) 
N/A
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.66 Acres
Year Built 
2018
MLS® Number 
1355094
Status 
Active Under Contract
Property Tax 
$4,542.45
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
2 days agoListing updated with changes from the MLS®
3 days agoStatus changed to Active Under Contract
2 weeks agoPrice changed to $1,895,000
9 months agoListing first seen on site
General Features
Acres 
0.66
Additional Property Use 
CommercialResidentialRecreationalRetail
Foundation 
Slab
Number Of Stories 
2
Parking Spaces 
18
Property Sub Type 
Business
Security 
Closed Circuit Camera(s)Fire AlarmFire Sprinkler System
Stories 
Two
Utilities 
Cable AvailableElectricity AvailableNatural Gas AvailableWater ConnectedSewer Connected
Water Source 
Public
Interior Features
Basement 
None
Furnished 
Unfurnished
Heating 
Forced Air
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Exterior Features
Construction Details 
Frame
Frontage 
70
Lot Features 
Wetlands
Road Frontage 
UnimprovedCity Street
View 
Water
Waterview 
Water
Community Features
Community Features 
Restaurant
Roads 
Dirt
Listing courtesy of Wendy Crawford of Lila Delman Compass 4017141999



Listing information is provided by Participants of the State-Wide MLS of Rhode Island, Inc. 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 of Rhode Island, Inc.
Data last updated at: 2024-10-30 12:00 AM UTC

Neighborhood & Commute
Source: Walkscore
Community information and market data Powered by ATTOM Data Solutions. Copyright ©2019 ATTOM Data Solutions. Information is deemed reliable but not guaranteed.
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