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Property view

85 Ocean Avenue, 
Block Island, RI 02807

$1,865,000


Bed


3

Baths


2,992

Sq Ft


Single Family

Sold

Listed by

Wendy Crawford

Bought with Lila Delman Compass

Lila Delman Compass

MLS#

1354663

Source:

RI STATEWIDE

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About This Home

85 Ocean Avenue

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.

Home Facts

Single Family

3 Baths

Built in 2018

Price Summary

1,895,000

$633 per Sq. Ft.

MLS #:

1354663

Sold:

March 19, 2025


Rooms & Interior

Bathrooms

Total Bathrooms:

3

Full Bathrooms:

3

Interior

Living Area:

2,992 Sq. Ft.


Structure

Structure

Building Area:

2,992 Sq. Ft.

Year Built:

2018


Lot

Lot Size (Sq. Ft):

30,052


Finances & Disclosures

Finances

Price:

$1,895,000

Price per Sq. Ft:

$633 per Sq. Ft.

MLS Logo
The data relating to real estate for sale on this web site comes in part from the IDX Program of the State-Wide Multiple Listing Service, Inc. Real estate listings held by brokerage firms other than Coldwell Banker Realty are marked with the MLS logo and detailed information about them includes the name of the listing brokers. Information deemed reliable but not guaranteed. Copyright 2025 State-Wide MLS, Inc. All rights reserved. Date Last Update: March 19, 2025