Contact An Island Realty Agent About This Listing!
234 Water ST, Block Island, RI
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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!
N/A:$5,450,000
MLS Number: 1376252 - ACTIVE
Lot Size:0.23 Acres
Year Built:2001
Listed By: Ballard Hall Sales Group
Appliances:
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Appliances:
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Architectural Style:
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Bathrooms:
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Beds:
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Business Type:
Commercial, Residential, Retail, Street Retail
Community Features:
Marina, Near Swimming, Restaurant
Construction Materials:
Frame
Cooling:
Central Air, Heat Pump
Door Features:
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Electric:
200 Amps
Existing Lease Type:
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Finished Floor:
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Fireplace Type:
--
Fireplaces:
None
Garage Spaces:
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Handicap Accessible:
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Has View:
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Has Waterfront:
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Heating:
Baseboard, Zoned
Levels:
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Living Area:
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Lot:
Local Historic District, Downtown, Historic
Lot Frontage:
75
Neighborhood:
Old Harbor
Other Equipment:
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Other Structures:
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Owner Pays:
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Parking Features:
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Pool:
--
Property Sub Type:
Commercial Sale
PropertySubType:
Commercial Sale
PropertyType:
Commercial/Business
Rooms:
--
Sewer:
Connected
Stories:
Structure Type:
Livable, Residence
Tenant Pays:
--
Under Construction:
No
View:
Water
Waterfront Features:
--
Zip Code:
02807
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