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$305,000

  • Sold
  • Closed
  • Business
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It's 6:15 am and the iconic Old Post Office Bagel Shop is preparing for another successful day! Established in 1997, The Old Post Office Bagel Shop business owners are offering the name, the good will, the equipment, and the recipes of all of the baked goods & prepared foods created in house! Currently the only home-made bagel baked fresh daily on Block Island! Every year the volume of business increases as does the line out the door with customers patiently waiting. The leased space is not for sale but long term leasing is possible in this popular location. Currently operated April into October but the space is heated and insulated for year-round use if desired. A fabulous opportunity!

Full Property Details for 123 Ocean Ave

General

  • Sold For: $305,000
  • Taxes: (2020)
  • Status: Closed
  • Type: Business
  • Source: STWMLS
  • MLS ID: 1288566
  • Added to Site: 1, 639 day(s) ago

Business

  • Name: Old Post Office Bagel Shop
  • Business Type: Bakery
  • Year Established: 1997

Additional Information

  • Security/Safety: Carbon Monoxide Detector(s), Fire Alarm

Parking

  • Total Spaces: 4

Location

  • County: Washington
  • Subdivision: Old Harbor
  • Building Name: Federal Properties of RI

Utilities

  • Sewer: Connected
  • Utility Description: Sewer Connected

Structural Information

  • Construction: Brick
  • Stories/Levels: 0
  • Year Built: 1997
  • Other Struct. Feat.: Public Restrooms

Financial Considerations

  • Tax Year: 2020
  • Terms: Lease, Lease Option
  • Tenant Pays: All Utilities

Disclosures and Reports

  • Property ID: 123OCEANAVNSHM

Listed by Ballard Hall Sales Group
Sold by Beach Real Estate

Listing agent

— 123 Ocean Ave —

  • Ballard Hall Sales Group

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 123 Ocean Ave

School District:New Shoreham School District
NameGradesDistance
Block Island School
Block Island School, New Shoreham, RI 02807
K-120.7 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 123 Ocean Ave

Date
Details
Price
Change
Source
4/13/2023
Sold
$305,000
-16.32%
MLS
12/04/2021
Price Reduced
$364,500
-10%
MLS
9/22/2021
Price Reduced
$405,000
-10%
MLS
7/24/2021
Listed
$450,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Listed by Ballard Hall Sales Group
Sold by Beach Real Estate

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123 Ocean Avenue, Block Island, RI 02807 (MLS# 1288566) is a Business property that was sold at $305,000 on April 13, 2023. Want to learn more about 123 Ocean Avenue? Do you have questions about finding other Business real estate for sale in Block Island? You can browse all Block Island real estate or contact a Coldwell Banker agent to request more information.