85 Ocean Avenue, Block Island, RI, 02807

85 Ocean Avenue, Block Island, RI, 02807

2018

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.


Status:

Active

Type:

Commercial

Furnished Remarks:

Unfurnished

Units:

0

Zoning:

SC

Frontage:

70

Complex:

Old Harbor

Heating:

Forced Air

Cooling:

Partial

Basement:

None

Parking:

18-car

Acreage:

0.66

Est. Taxes:

$4,542

Assessment

$973,200

Permitted Use

Commercial,Residential,Recreational,Retail

Construction

Frame

Utilities

Cable Available,Electricity Available,Natural Gas Available,Municipal Utilities,Water Connected,Sewer Connected

Lot Description:

Wetlands

View Description:

Water

Amenities:

RestaurantMarina, Restaurant, Shopping, High Traffic Location

Days on Market:

10

MLS #:

1355094


Community Info

School Info

Walk Score

Mass Transit

Yelp


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