$2,100,000
( )
 $11,273 est/mo Sourced by Back At You

85 Ocean Avenue , Block Island, RI 02807

Block Island, RI 02807

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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 2017-2018, 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.

Details

MLS#1355094
Listing TypeFor Sale
Building NameThe Gateway Crossing
Sub-TypeResale
StatusActive
Year2018
Days On Site220
Listing Provided ByLila Delman Compass | Wendy Crawford

Features

Story(s)2
Building(s)1
ZoningSC
Acreage0.66
Property ViewWater

Market Activity 02807

The information is being provided by Rhode Island Association of REALTORS®. Information deemed accurate but not guaranteed. Information is provided for consumers personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. Copyright 2024 Rhode Island Association of REALTORS®. All Rights Reserved.

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Learn More About This Property

StateRI
CountyWashington
CityBlock Island
Zip Code02807
AreaWashington
Community NameOld Harbor
Listing VS Median (in Old Harbor)
Price:
$2,100,000
low | high
Med:
$1,995,000
55% of Average
On Site:
220
low | high
Med:
665.000000
33.082706766917% of Average
Sourced by Back At You
Listing Updated: September 24, 2024 at 12:36:00 AM PDT