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Three-Building Mixed-Use Property
For Sale
$3,775,000

442 Dodge Street, Block Island, RI 02807

Commercial/Business,Commercial Sale, Block Island, RI

Property Size3,859 SF
Lot Size0.44 Acres
Price / SF$978.23
Days on Market371

Property Features for 442 Dodge Street

General Information

Property type Commercial Sale
Property subtype Other
Zoning OHC
Rooms Basement
Parking 8
Basement Partial
Subdivision Old Harbor
Lot features Local Historic District, Downtown
Standard status Active
Size 3,859 SF
Lot size 0.44 Acres

Taxes and HOA fees

Tax Year 2024
Tax Annual Amount 6357

Utilities

Sewer type Public Sewer

Building Details

Year built 1940
Number of units 5
Building materials Frame
Listing Agency: Ballard Hall Sales Group
Listed By: Robin Vila
Added: Aug 17, 2025 Changed: Aug 19 Last Checked: Aug 22 at 7:06PM
MLS# 1392805

Copyright © 2026 State Wide MLS of Rhode Island, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This mixed-use property comprises three frame buildings totaling 3,859 square feet on 0.44 acres. Two structures pair ground-floor commercial areas with apartments above, while the third is dedicated to commercial use and can accommodate retail, office, or service functions. The buildings date to 1940 and are served by public sewer, with a basement included among the property’s improvements.

Positioned at the four-way intersection of Bridgegate Square in downtown Block Island, the property sits along the island’s highest-foot-traffic corridor. The surrounding setting includes shops and restaurants, with the beach and ferry landings nearby. Established long-term commercial tenants occupy portions of the property, and the OHC zoning designation is included in the listing information.

Key Highlights

  • Three frame buildings totaling 3,859 square feet on 0.44 acres
  • Two buildings include commercial space below apartments
  • Third building offers commercial space for retail, office, or service use

Property Analytics

Current Use

Storefront properties

Lease Details

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

350
Businesses Nearby

Demographics for 02807, RI

1,410
Population
1,947
Households
0.7
Avg Household Size
55
Median Age
51%
College-Educated
93%
High-School Grad
9.1 sq mi
ZIP Area
155
Density / Sq Mi
$72,450
Median Household Income
$32,366
Median Earnings
$1,422
Median Rent
$936,200
Median Home Value

Market

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Three buildings combine street-level commercial space, apartments, and additional commercial suites within a downtown business setting.
Where is this mixed-use property located?
The property is located at 442 Dodge Street Block Island, RI.
What is the asking price?
The asking price for this property is $3,775,000.
What are key features of this property?
This property features: Three frame buildings totaling 3,859 square feet on 0.44 acres; Two buildings include commercial space below apartments; Third building offers commercial space for retail, office, or service use
More about this property
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