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 Market18
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)
Amenities
commercial kitchen
commercial laundry
updated common areas
beautifully appointed bath facilities
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: Aug 19
Last Checked: Aug 23 at 1:06PM
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.
This 4,488-square-foot hospitality property was built in 2018 and has undergone extensive renovation and redevelopment. Improvements include a third-floor expansion, modern guest accommodations, a commercial kitchen, commercial laundry, refreshed common areas, and upgraded bathroom facilities. The property is approved for operation as a 10-room inn and includes 9-to-12-foot ceiling heights, forced-air heating, window-unit cooling, and public sewer service.
Located at 85 Ocean Avenue on Block Island, the property is near ferry service, beaches, restaurants, and shopping. It is within the Service Commercial zoning district, identified as SC, which supports a range of residential, hospitality, business, and service uses. Some uses require a Special Use Permit or additional Town approvals.
Located at 85 Ocean Avenue on Block Island, the property is near ferry service, beaches, restaurants, and shopping. It is within the Service Commercial zoning district, identified as SC, which supports a range of residential, hospitality, business, and service uses. Some uses require a Special Use Permit or additional Town approvals.
Key Highlights
- Approved for use as a 10‑room inn
- 4,488 square feet on 0.69 acres
- 2018 construction with third‑floor expansion and extensive redevelopment
Property Analytics
Property Profile
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
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Rose Farm Inn — 1005 High St, New Shoreham, RI 02807
- Appleyard — high st, new shoreham, ri 02807
- Sheffield House B & B — 351 High St, New Shoreham, RI 02807
- Meadow View House — 1041 Roslyn Rd, New Shoreham, RI 02807
- Mitchell's Cottage — 347 High St, New Shoreham, RI 02807
Frequently Asked Questions
What type of property is this?
Bed & breakfast - Hospitality property with a commercial kitchen, laundry facilities, updated shared areas, and guest bath improvements.
Where is this bed & breakfast 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: Approved for use as a 10‑room inn; 4,488 square feet on 0.69 acres; 2018 construction with third‑floor expansion and extensive redevelopment
