Commercial for Sale, 85 Ocean Avenue, Block Island, Rhode Island 02807

85 Ocean Avenue represents a rare opportunity to acquire a fully renovated hospitality property offering exceptional convenience to the ferry, beaches, restaurants, and shopping. Following an extensive redevelopment and approval process, the building was thoughtfully transformed with a third floor expansion, modern accommodations, commercial kitchen, commercial laundry, updated common areas, and beautifully appointed bath facilities. The property is currently approved for use as a 10 room inn. Located within the Service Commercial zoning district, the property benefits from a broad range of potential uses. The district provides for a variety of residential, hospitality, business, service, and other uses, with certain uses requiring Special Use Permit or additional Town approvals. This combination of an established inn approval, extensive improvements, and flexible zoning creates compelling opportunities for future use and long term investment.