$2,375,000
Active
37 Days Online
0 Beds3 Baths2,992 SQFT
Active

85 Ocean Avenue Block Island, RI 02807

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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.

  • Property TypeSingle Family Home
  • NeighborhoodTown & Old Harbor
  • CountyWashington
  • Taxes$4,542
  • HOA/Condo/Coop Fees$0
  • Days on Site37 Days
  • MLS StatusActive
  • MLS ID Number1354663
  • Home Size Source Public Records
  • Year Built2018
  • Lot Size0.6899 Acres
  • Full Baths3
  • Partial BathsN/A

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General Features

  • Construction ClapboardShingle Siding
  • Parking No Garage
  • Parking Spaces 0
  • Sewer Public Sewer
  • Electric 200+ Amp Service
  • Basement None
  • Number of Stories 222
  • Acreage 0.6899
  • Water Public
  • Security Security System Owned
  • Accessibility Features Accessible Approach with RampAccessible Doors
  • Property Sub Type Single Family Residence
  • Garage Spaces 0
  • Utilities Sewer ConnectedUnderground Utilities
  • Foundation Slab
  • Zoning SC

Interior Features

  • Cooling None
  • Heating Forced AirPropane
  • Appliances Exhaust FanGas Water HeaterMicrowaveRange Hood
  • Flooring Ceramic Tile
  • Interior AtticInternal ExpansionPermanent Attic StairsCable T V
  • Fireplaces 0
  • Fireplace Features None
  • Fireplace No

Exterior Features

  • View SaltwaterWater
  • Waterfront Property Yes
  • Waterfront Features Walkto Water
  • Exterior Sprinkler Irrigation
  • Lot Sprinkler System

Community Features

  • Association Dues 0
  • Community Features MarinaOtherRestaurantShoppingSee Remarks
  • Senior Community No
  • Security Features Security System Owned

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Monthly Payment (Est.)

$12,923
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