$2,950,000
About this home
85 Ocean Avenue offers a rare opportunity to acquire a newly renovated 10-room hospitality property on Block Island. The flexible three-level configuration includes six spacious guest rooms on the first and second levels with shared bath facilities, a second-level kitchen and first-level laundry. The third level features four premium accommodations including three queen guest rooms and one larger suite. The property offers significant income-producing potential with illustrative nightly room rates supporting gross room revenue of up to approximately $5,000 per fully occupied night. Projected income analysis and architectural plans available upon request.
Property details
- MLS #
- 1419835
- Property type
- Commercial
- Subdivision
- Town
- Status
- Active
- Days on market
- 28
- On market date
- August 6, 2026
- Stories
- N/A
- Total bathrooms
- N/A
- Garage spaces
- N/A
- Parking spaces
- 12
- Lot size
- 0.69 acres
Location
Get directions →Walkability
Blended score for Block Island's center: EPA's National Walkability Index (street network, transit, land-use mix) combined with nearby-amenity density. 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).
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Data source: Listing information provided by Rhode Island Association of REALTORS via Trestle/CoreLogic. Last updated 21 days ago.
Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.