MLS #1355094

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 2017-2018, 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.

MLS #
1355094
Status:
Active
Type:
Commercial/Investment
Neighborhood:
Old Harbor
Site Acres:
1
Year Built:
2018
Sewer:
Connected
Electric:
200 Amps
Gas:
Available
Heating:
Forced Air
Cooling:
Partial
Utilities:
Cable Connected, Electricity Connected, Gas, Municipal Water, Sanitary Sewers
Water Supply:
Municipal
Subject To:
Easements, Zoning
Number of Buildings:
1
Building:
Frame
Lot Sq. Footage:
30,056 sq ft
Frontage Length:
70 ft
Zoning:
SC
Assessed Value:
$973,200
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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