Renovated 10-Room
For Sale
$2,950,000
85 Ocean Avenue, Block Island, RI 02807
Commercial/Business,Commercial Sale, Block Island, RI
Property Size4,488 SF
Lot Size0.69 Acres
Price / SF$657.31
Days on Market63
Property Features for 85 Ocean Avenue
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
SC
Parking
12
Security features
Security System
Interior features
Ceiling Height (9 to 12 Ft)
Subdivision
Town
Lot features
Sidewalks, Local Historic District, Downtown
View
Water
Standard status
Active
Size
4,488 SF
Lot size
0.69 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
12030
Utilities
Sewer type
Public Sewer
Heating system
Forced Air
Cooling system
Window Unit(s)
Building Details
Year built
2018
Floors in Building
3
Number of units
1
Listing Agency:
Lila Delman Compass
(401) 466-8777
Listed By:
Rosemary TOBIN
(401) 741-1825
Added: Aug 6
Changed: Sep 3
Last Checked: Oct 7 at 4:06PM
MLS# 1419835
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.
Located at 85 Ocean Avenue on Block Island, this 4,488-square-foot hospitality property was built in 2018 and recently renovated. The three-level layout provides six guest rooms across the first and second levels, along with shared bath facilities, a second-level kitchen, and first-level laundry. The top floor adds four premium accommodations, including three queen rooms and a larger suite.
The 0.69-acre property is zoned SC and served by public sewer. Building systems include forced-air heating and window-unit cooling, with interior ceiling heights ranging from 9 to 12 feet. The configuration combines guest lodging with practical support areas and multiple accommodation types within one property.
The 0.69-acre property is zoned SC and served by public sewer. Building systems include forced-air heating and window-unit cooling, with interior ceiling heights ranging from 9 to 12 feet. The configuration combines guest lodging with practical support areas and multiple accommodation types within one property.
Key Highlights
- 10‑room hospitality property with a three‑level configuration
- 4,488 square feet on 0.69 acres
- Four third‑level accommodations, including three queen rooms and one larger suite
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
350
Businesses Nearby
Explore this area
Business Placement
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Hotel - Three-level hospitality property with guest accommodations, shared baths, a kitchen, laundry facilities, and premium upper-level rooms.
Where is this hotel located?
The property is located at 85 Ocean Avenue Block Island, RI.
What is the asking price?
The asking price for this property is $2,950,000.
What are key features of this property?
This property features: 10‑room hospitality property with a three‑level configuration; 4,488 square feet on 0.69 acres; Four third‑level accommodations, including three queen rooms and one larger suite
