85 Ocean Avenue Block Island

$2,950,000
4,488 sq ft

The Property

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.

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Listing Details

MLS Number

1419835

Lot Size:

0.69 acres

Features

  • Marina
  • Restaurants
  • Shopping
  • Near Swimming
  • Heating: Forced Air
  • Heating Fuel: Forced Air
  • Laundry
  • Sidewalks
  • Local Historic District
  • Downtown
  • Year Built: 2018

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