Listing Courtesy of: Robin Vila - Ballard Hall Sales Group
401-466-8883
$5,450,000
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234 Water Street Block Island, RI 02807
General Commercial
Residence
Beds
Baths
...
Bed/Bath
10,008
Sq. Ft.
Property Activity
Time on Site
days
Days on Market
Views
Saves
Old Harbor is the center of Block Island's thriving tourism industry, known for its quaint streets, boutique shops, excellent dining, and proximity to the ferry. Located in the heart of Old Harbor, this mixed-use property presents a unique opportunity to own a piece of the island's vibrant community.... Situated on a 10,000 sq ft lot with rare, dedicated parking, the property is designed for both function and convenience. The iconic main building includes three commercial units and three residential units, offering significant potential for investors. Built in 2000 in the historic Mansard style, the property blends modern amenities with architectural features that reflect the character of Block Island. Updates to the building include newer roof, windows, air conditioning, and decking. An additional 672 sq ft commercial outbuilding, originally built in 1900, adds further flexibility for various uses. Permitted uses by right include professional and business services, retail trade, restaurants, and physical fitness. Additional uses may be possible with a special use permit. Residential units can be offered for short-term or long-term rental or reserved for the owner's use. There is also potential for establishing a condominium ownership structure to maximize investment returns. With its prime location, sweeping harbor views, modern construction, and historical aesthetic, this property is well-suited to support a wide range of enterprises. Call for a showing today!
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MLS#
1376252
Property Type
General Commercial
Year Built
2001
Square Feet
10,008
sq. ft
Lot Size
0.23
Sewer
Sewer Connected, Other
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