About 85 Ocean Ave
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.
Features of 85 Ocean Ave
| MLS® # | 1355094 |
|---|---|
| Price | $2,375,000 |
| Bathrooms | 0.00 |
| Square Footage | 30056 |
| Acres | 0.66 |
| Year Built | 2018 |
| Type | Business Opportunity |
| Sub-Type | Business |
| Status | Active |
Community Information
| Address | 85 Ocean Ave |
|---|---|
| Subdivision | Old Harbor |
| City | Block Island |
| County | Washington |
| State | RI |
| Zip Code | 02807 |
Amenities
| Amenities | Restaurant |
|---|---|
| Utilities | Electricity Available, Natural Gas Available, Sewer Connected, Cable Available, Municipal Utilities, Water Connected |
| Features | Wetlands |
| Parking Spaces | 18 |
| View | Water |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Heating | Forced Air |
|---|---|
| Cooling | Partial |
| Fireplace | No |
| # of Stories | 2 |
| Stories | 2 |
| Has Basement | No |
| Basement | None |
Exterior
| Exterior | Frame |
|---|---|
| Lot Description | Wetlands |
| Construction | Frame |
| Foundation | Slab |
Additional Information
| Date Listed | March 29th, 2024 |
|---|---|
| Days on Market | 10 |
| Zoning | SC |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | Lila Delman Compass |
|---|