85 Ocean Avenue, Block Island, Residential

$ 1,895,000
85 Ocean Avenue, ,
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Overview

  • Updated On:
  • December 24, 2024
  • 3 Bathrooms
  • 2,992 ft2

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.

Address: 85 Ocean Avenue
State/County:
Zip: 02807
Country: US
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Property Id : 208438
Price: $ 1,895,000
Property Size: 2,992 ft2
Property Lot Size: 1 ft2
Rooms: 4
Bathrooms: 3
Accessibility Features: Flat Thresholds,Ramps (No steps),Accessible Doors
Association Fee: 0
Basement: None
Bathrooms Half: 0
Bathrooms Total Decimal: 3
Below Grade Finished Area: 1496
Bridge Modification Timestamp: 2024-12-24T16:19:04.027Z
Building Area Total: 1496
Business Type: Other
Buyer Agent Email: Rosemary.Tobin@LilaDelman.com
Buyer Agent Full Name: Rosemary Tobin
Buyer Agent MlsId: 15271
Community Features: Marina,Restaurants,Shopping,Near Swimming
Construction Materials: Dry Wall,Clapboard,Shingles
Contract Status Change Date: 2024-12-23
Cooling: None
Covered Spaces: 0
Electric: 200 Amps
Fireplace Features: None
Fireplaces Total: 0
Flooring: Ceramic Tile
Foundation Details: Slab
Frontage Length: 70
Garage Spaces: 0
Heating: Bottle Gas,Forced Air
List Agent Direct Phone: 401-714-1999
List Agent Email: wendy.crawford@liladelman.com
List Agent Full Name: Wendy Crawford
Listing Contract Date: 2024-03-29
Listing Id: 1354663
Living Area Source: Public Records
Living Area Units: Square Feet
Lot Features: Local Historic District,Sprinklers,Underground Utilities
Lot Size Area: 30054
Lot Size Square Feet: 30054
Lot Size Units: Square Feet
Mls Status: Act Und Contract
Modification Timestamp: 2024-12-24T16:15:40.127Z
Original Entry Timestamp: 2024-03-29T15:31:21.763Z
Original List Price: 2375000
Other Equipment: Alarm Owned,Cable TV,Ceiling Fan
Parking Features: No Garage
Parking Total: 0
Room Bathroom Features: No Tub or Shower
Sewer: Connected,Public Sewer
State or Province: RI
Status Change Timestamp: 2024-12-24T16:15:40.127Z
Stories Total: 2
Street Name: Ocean
Street Number: 85
Street Suffix: Avenue
Tax Annual Amount: 4542.45
Tax Year: 2023
View: Water,Freshwater View,Saltwater View
Water Source: Connected,Municipal
Waterfront Features: Freshwater View,Saltwater View,Walk to Fresh Water,Walk to Salt Water,Walk To Water
Year Built: 2018
Zoning: SC
Other Features
Attic,Attic Stairs,Attic Storage,Internal Expansion,Stairs
Exhaust Fan
Gas Water Heater
Has Heating System
Insulation: Ceiling,Walls
Microwave
Plumbing: Mixed
Range Hood
Walls: Dry Wall
$ 7,347.29
per month
  • Principal and Interest
  • Property Tax
  • HOA fee
$ 7,347.29

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Alyse Antone Smyth, Esq.