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Block Island, RI Residential Income Properties for Sale

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Mixed-Use Property in Desirable Location
$2,400,000
2,088 SF

Mixed-Use Property in Desirable Location

454 Ocean Ave, Block Island, RI 02807

Mixed-use property with flexible commercial space and residential unit.

  • Prime location between Old Harbor and New Harbor with high foot traffic.
  • Flexible first‑floor commercial space suitable for various businesses (coffee shop, boutique, restaurant, retail, service).
  • Brand‑new, move‑in‑ready 2‑bedroom, 1‑bathroom upstairs residence with modern finishes and a spacious deck.
  • Rare and valuable amenity of 8+ on‑site parking spaces.
  • Located within the service commercial zone, offering diverse business possibilities.
Last Update: Oct 25
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Block Island Mixed-Use Investment Opportunity
$3,775,000
3,859 SF

Block Island Mixed-Use Investment Opportunity

442 Dodge St, Block Island, RI 02807

Prime commercial and residential property in downtown Block Island, RI.

  • Prime location at the iconic four‑corner intersection of Bridgegate Square in downtown Block Island, RI, ensuring high visibility and foot traffic.
  • Mixed‑use property with commercial storefronts and residential apartments, providing diverse income streams.
  • Turnkey investment with established, long‑term commercial tenants already in place.
  • Strong income potential and lasting value in a highly desirable coastal destination.
  • Versatile commercial space suitable for retail, office, or service‑based businesses.
Last Update: Aug 17
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Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 2 Active listings in Block Island, RI, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

Explore Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Westerly Multifamily Property with Solar
$675,000
Pending

Westerly Multifamily Property with Solar

Two homes on one lot with solar and rental potential.
162 Church St, Westerly, RI 02808
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Westerly Commercial Building with Apartments
$899,000

Westerly Commercial Building with Apartments

Downtown commercial building with retail space and residential apartments.
33 Railroad Ave, Westerly, RI 02891
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Multifamily Property in Stonington
$2,500,000

Multifamily Property in Stonington

Multifamily property for sale in Stonington, Connecticut.
44 Williams Ave, Stonington, CT 06379
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Stonington Mixed-Use Investment Opportunity
$4,950,000
12,145 SF

Stonington Mixed-Use Investment Opportunity

Mixed-use property with expansion potential in Stonington's Village Business District.
117 Water St, Stonington, CT 06359
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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Residential Land in Prime Location
$1,200,000
0.36 Acres

Residential Land in Prime Location

Residential land near ferry, shops, beaches, and restaurants.
High St, Block Island, RI 02807
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Block Island Land Parcel
$1,495,000
4.57 Acres

Block Island Land Parcel

4.57-acre Block Island land parcel ready for custom build.
Pilot Hl Rd, Block Island, RI 02807
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Block Island Land with Ocean Views
$1,895,000
1.90 Acres

Block Island Land with Ocean Views

1.9-acre Block Island lot with approved septic and ocean views.
Mohegan Trl, Block Island, RI 02807
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Block Island Land Near Lighthouse
$1,950,000
1.90 Acres

Block Island Land Near Lighthouse

Unimproved land with ocean views near Southeast Lighthouse.
Southeast Rd, Block Island, RI 02807
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Block Island, RI Residential Income Properties Investment Opportunities Market Analysis

Explore 2 residential income properties for sale in Block Island, RI on our real estate platform. These investment opportunities span a total of 43,560 square feet of properties for sale, with an estimated market value of $8,470,000.

Prices for residential income properties in Block Island, RI start at $2,295,000, averaging $2,823,333, and reaching up to $3,775,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you have the most current data.

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