MLS #1354663

85 Ocean Av, Block Island, RI

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.

MLS #
1354663
Status:
Active
Type:
Single Family
Neighborhood:
Town & Old Harbor
Full/Half Baths
3 / 0
Living Area:
2,992 sq ft
Apx Above Grade Living Area:
1,496 sq ft
Apx Below Grade Living Area:
1,496 sq ft
Site Acres:
1
Year Built:
2018
Garage Type:
No Garage
Finished Floor:
Ceramic Tile
Sewer:
Connected, Public Sewer
Electric:
200 Amps
Heating:
Bottle Gas, Forced Air
Cooling:
None
Waterfront Features:
Freshwater View, Saltwater View, Walk to Fresh Water, Walk to Salt Water, Walk To Water
Accessibility Features:
Flat Thresholds, Ramps (No steps), Accessible Doors
Lot:
Local Historic District, Sprinklers, Underground Utilities
Lot Sq. Footage:
30,054 sq ft
Frontage Length:
70 ft
Appliances:
Gas Water Heater, Exhaust Fan, Range Hood, Microwave
Equipment:
Alarm Owned, Cable TV, Ceiling Fan
Community Features:
Marina, Restaurants, Shopping, Near Swimming
Building Levels:
2
Total Rooms:
4
Interior Features:
Attic,Attic Stairs,Attic Storage,Internal Expansion,Stairs, Walls: Dry Wall, Plumbing: Mixed, Insulation: Ceiling,Walls
Fireplace Type:
None
Foundation Type:
Slab
Zoning:
SC
Assessed Value:
$943,300
Real Estate Taxes:
$4,542
Real Estate Tax Year:
2023
Assessor Lot:
3-3
Assessor Plat:
6
Listed By:
Lila Delman Compass

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