85 Ocean Avenue
$1,895,000
—
3
2,992
2,992
$633
Listed By Compass
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, 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...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.
Property Details for 85 Ocean Avenue
Subdivision Name
Town & Old Harbor
Waterfront FeaturesWalk To Water
ViewSaltwater, Water
LISTING UPDATED: 12/13/2024 11:33 AM
Property Details for 85 Ocean Avenue
Status | Active |
---|---|
MLS # | 1354663 |
Days on Market | 260 |
Taxes | $4,542 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Single Family |
MLS Type | Residential / Single Family Residence |
Year Built | 2018 |
Lot Size | 0.69 AC / 30,054 SF |
County | Washington County |
Compensation Remarks | Co-Broke |
Building Information for 85 Ocean Avenue
Stories2Year Built2018Building Size-Lot Size0.69 AC / 30,054 SF
Property Information for 85 Ocean Avenue
Property History for 85 Ocean Avenue
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 85 Ocean Avenue
Taxable ValueLand$430,400Additions$512,800Total$943,200
Tax Record2024$5,206 ($434 / month)
Home Facts
Baths3Total Finished SqFt2,992 SqFtAbove Grade Finished SqFt2,992 SqFtStories2Lot Size30,056 SqFtStyleMiscellaneous CommercialYear Built2017ZoningSCCountyWASHINGTONAPNBLOC M:06 L:003-03
Schools near 85 Ocean Avenue
This home is within New Shoreham School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 12 |
Rating | School | Distance |
---|---|---|
Block Island School PublicK to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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