85 Ocean AVE, Block Island, RI 02807
85 Ocean AVE, Block Island, RI 02807
85 Ocean AVE, Block Island, RI 02807
85 Ocean AVE, Block Island, RI 02807
85 Ocean AVE, Block Island, RI 02807
85 Ocean AVE, Block Island, RI 02807
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Mike And Lee Mita

Mike And Lee Mita

+1(401) 632-7638
$ 2,950,000
Est. payment | /mo

4,488 SqFt

Save
$ 2,950,000
Est. payment | /mo
Save

4,488 SqFt

Key Details

Property Type Commercial

Sub Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 4,488 sqft

Price per Sqft $657

Subdivision Town

MLS Listing ID 1419835

HOA Y/N No

Abv Grd Liv Area 4,488

Year Built 2018

Annual Tax Amount $12,030

Tax Year 2025

Lot Size 0.690 Acres

Acres 0.69

Property Sub-Type Commercial

Property Description

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.

Location

State RI

County Washington

Community Town

Zoning SC

Rooms

Basement None

Interior

Heating Forced Air

Cooling Window Unit(s)

Inclusions The building is currently utilized as employee housing. Existing furnishings may be included and are negotiable.

Laundry Common Area

Exterior

Community Features Marina, Pool, Restaurant, Shopping, Sidewalks

Utilities Available Sewer Connected

View Y/N Yes

View Water

Street Surface Dirt

Total Parking Spaces 12

Building

Story 3

Foundation Slab

Sewer Connected, Public Sewer

Water Connected, Public

Level or Stories 3

New Construction No

Others

Tax ID 85OCEANAVNSHM

Security Features Security System,Carbon Monoxide Detector(s),Fire Alarm,Smoke Detector(s)

© 2026 State-Wide Multiple Listing Service. All rights reserved.
Listed by Lila Delman Compass

Nearby Locations

GET MORE INFORMATION

Mike And Lee Mita
Mike And Lee Mita

Broker-Associate Lic# REB.0016449

+1(401) 632-7638

28 Caswell St. Suite 100 Narragansett, RI 02882

Name
Phone*
Message

By checking this box, I agree by electronic signature to the Electronic Disclosure Consent Agreement; to receive recurring marketing communication from Mike And Lee Mita, including auto-dialed calls, texts, and artificial/prerecorded voice messages (message frequency varies; data rates may apply; reply "STOP" to opt-out of texts or "HELP" for assistance); and to the Terms of Service and Privacy Policy of this website. Consent not required to make a purchase. I understand that I can call to obtain direct assistance.

Go tour this home

85 Ocean AVE