85 Ocean AV, Block Island, RI 02807

$2,100,000  |  3 Bathrooms  |  2,992 Sq.Ft.  |  Other  |  Single Family  |  MLS # 1354663

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.

Amenities
Alarm Owned
Cable TV
Ceiling Fan
Exhaust Fan
Hood
Microwave


Location
City Block Island
Historic Local Historic District
Near Marina, Other-See Remarks, Restaurants, Shopping, Swimming
Interior
Living Area 2,992 Sq.Ft.
# Rooms 4
Floors Ceramic
Insulation Ceiling, Walls
Plumbing Mixed
RoomCount 2
Wall Dry Wall
Interior Attic, Attic Stairs, Attic Storage, Internal Expansion, Stairs
Hot Water Gas
Cooling None
Electric 200 Amps
Basement Type None
Equipment Alarm Owned, Cable TV, Ceiling Fan, Exhaust Fan, Hood, Microwave
FurnishedNo
Exterior
Exterior Clapboard, Shingles
Lot Description Sprinklers, Underground Utilities, Waterview
Garage Desccription None
Water Amenities Freshwater View, Saltwater View, Walk to Fresh Water, Walk to Salt Water, Walk To Water
Foundation Type Slab
Sewer Connected, Municipal
Acreage 0.6899
Additional Information
Assessment $943,300
Assessor Lot 3-3
Assessor Plat 6
Occupancy Close Negotiable
Building Levels 2
Water Supply Connected, Municipal
Zoning SC

Listing Office: Lila Delman Compass
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. Information is deemed reliable but is not guaranteed. © 2016 State-Wide Multiple Listing Service. All rights reserved.

Information is deemed reliable but is not guaranteed

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. Information is deemed reliable but is not guaranteed. ©2024 State-Wide Multiple Listing Service. All rights reserved.