MLS #1419835

85 Ocean Av, Block Island, RI

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.

MLS #
1419835
Status:
Active
Type:
Single Family
Neighborhood:
Town
Site Acres:
1
Year Built:
2018
Parking Spaces:
12
Sewer:
Public Sewer
Electric:
200+ Amp Service
Heating:
Forced Air
Cooling:
Window Unit(s)
Lot:
Sidewalks, Local Historic District, Downtown
Lot Sq. Footage:
30,056 sq ft
Community Features:
Marina, Restaurants, Shopping, Near Swimming
Building Levels:
3
Interior Features:
Ceiling Height (9 to 12 Ft)
Foundation Type:
Slab
Zoning:
SC
Assessed Value:
$1,864,200
Real Estate Taxes:
$12,030
Real Estate Tax Year:
2025
Assessor Lot:
3-3
Assessor Plat:
6
Listed By:
Lila Delman Compass
Listing Attribution:
401-741-1825

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