$2,950,000
About this home
85 Ocean Avenue represents a rare opportunity to acquire a fully renovated hospitality property offering exceptional convenience to the ferry, beaches, restaurants, and shopping. Following an extensive redevelopment and approval process, the building was thoughtfully transformed with a third floor expansion, modern accommodations, commercial kitchen, commercial laundry, updated common areas, and beautifully appointed bath facilities. The property is currently approved for use as a 10 room inn. Located within the Service Commercial zoning district, the property benefits from a broad range of potential uses. The district provides for a variety of residential, hospitality, business, service, and other uses, with certain uses requiring Special Use Permit or additional Town approvals. This combination of an established inn approval, extensive improvements, and flexible zoning creates compelling opportunities for future use and long term investment.
Property details
- MLS #
- 1419835
- Property type
- Commercial,Commercial Sale
- Subdivision
- Town
- Status
- Active
- Days on market
- 10
- On market date
- August 6, 2026
- Stories
- N/A
- Garage spaces
- N/A
- Lot size
- 0.69 acres
Location
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Data source: Listing information provided by Rhode Island Association of REALTORS via Trestle/CoreLogic. Last updated 4 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.