85 Ocean Avenue offers a rare opportunity to acquire a newly renovated 10-room hospitality property on Block Island. The flexible three-level configuration includes six spacious guest rooms on the first and second levels with shared bath facilities, a second-level kitchen and first-level laundry. The third level features four premium accommodations including three queen guest rooms and one larger suite. The property offers significant income-producing potential with illustrative nightly room rates supporting gross room revenue of up to approximately $5,000 per fully occupied night. Projected income analysis and architectural plans available upon request.
| Location | |
|---|---|
| City/Town | Block Island |
| County | Washington |
| Community Features | Marina, Restaurants, Shopping, Near Swimming |
| Interior | |
|---|---|
| Living Area | 4,488 sq. ft. |
| Heating | Forced Air |
| Cooling | Window Unit(s) |
| Interior Features | Ceiling Height (9 to 12 Ft) |
| Additional Information | |
|---|---|
| Tax Assessment | $1,864,200 |
| Zoning | SC |
| Exterior | |
|---|---|
| Acreage | 0.69 |
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. ©2025 State-Wide Multiple Listing Service. All rights reserved.
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