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85 Ocean Avenue

Block Island, RI 02807
  • $2,950,000
  • STATUS: Active
  • ON SITE: 34 Days
  • MLS #: 1419835
UPDATED: 45 min ago
$2,950,000
  • 0
    BEDS
  • 0.69
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 4,488
    SQFT
  • $657
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
2018
County:
Area:

School Ratings & Info

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.

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[Rhode Island Statewide MLS] logo

© 2026 State-Wide Multiple Listing Service. All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from the Internet Data Exchange (IDX) program of the State-Wide MLS. Real estate listings held by brokerage firms other than The Lavonne Lopes Group | Keller Williams Coastal are marked with the MLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Information is deemed reliable but is not guaranteed accurate by the MLS or The Lavonne Lopes Group | Keller Williams Coastal. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 2026-09-10T20:37:49.863.
www.lavonnelopes.com/homes/179867324
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85 Ocean Avenue Block Island, RI 02807

  • Price: $2,950,000
  • Status: Active
  • On Site: 34 Days
  • Updated: 45 min ago
  • MLS #: 1419835
0
Beds
0
Baths
0
½ Baths
0.69
Acres
4,488
SQFT
$657
$/SQFT
2018
Built
Neighborhood:
Town
County:
Washington
Area:
Block Island
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.
Exterior Features

Foundation Details Slab Levels Three Or More Parking Total 12 View Water View YN Yes

Interior Features

Basement None Basement YN No Cooling Window Unit(s) Cooling YN Yes Heating Forced Air Heating YN Yes

Property Features

Business Type Hotel / Motel Community Features Marina Pool Restaurant Shopping Sidewalks Electric 200+ Amp Service Human Modified YN Yes Inclusions The building is currently utilized as employee housing. Existing furnishings may be included and are negotiable. Land Lease YN No Laundry Features Common Area New Construction YN No Possible Use Commercial Development Mixed Use Residential Retail Property Sub Type Commercial Road Frontage Type City Street Road Surface Type Dirt Security Features Security System Carbon Monoxide Detector(s) Fire Alarm Smoke Detector(s) Sewer Connected Public Sewer Tax Annual Amount 12030.34 Tax Assessed Value 1864200 Tax Lot 3-3 Tax Year 2025 Utilities Sewer Connected Water Source Connected Public Zoning SC

[Rhode Island Statewide MLS] logo Listing information © 2026 State-Wide Multiple Listing Service.
Listing provided courtesy of Lila Delman Compass: 401-741-1825.



[Rhode Island Statewide MLS] logo

© 2026 State-Wide Multiple Listing Service. All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from the Internet Data Exchange (IDX) program of the State-Wide MLS. Real estate listings held by brokerage firms other than The Lavonne Lopes Group | Keller Williams Coastal are marked with the MLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Information is deemed reliable but is not guaranteed accurate by the MLS or The Lavonne Lopes Group | Keller Williams Coastal. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 2026-09-10T20:37:49.863.
 
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The Lavonne Lopes Group | Keller Williams Coastal
501 Centerville Rd. Suite 201
Warwick RI, 02886