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$2,000,000
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Property Description
Perfectly positioned between Old Harbor and New Harbor, this mixed-use property offers possibility in one of Block Island's most desirable locations and set within the service commercial zone. The building combines a brand-new upstairs residence with a flexible first-floor space awaiting your vision. The second floor features a thoughtfully designed 2-bedroom, 1-bathroom apartment with modern finishes, the convenience of town water and sewer, and beautiful views from the spacious northeast-facing deck. Whether used as an owner's residence, staff housing, or rental, this turnkey space provides immediate value. On the first floor, the options are wide open. Bring to life a coffee shop, boutique, restaurant with potential outdoor dining, or any number of retail or service concepts. The space includes a handicapped accessible bathroom and 8+ on-site parking spaces, a rare and valuable amenity on the island. This property is surrounded by steady foot traffic between the island's two main hubs of dining, shopping, and entertainment. It's a location that offers both visibility and convenience making it the perfect place to create something meaningful for the community while enjoying the unmatched quality of island life. With its ideal location, flexible zoning, and built-in infrastructure, this property presents an inspiring opportunity to establish your vision in one of New England's most unique and cherished destinations.
Full Property Details
Full Property Details for 454 Ocean Ave
General
- Sold For: $2,000,000
- Taxes: $2,116 (2024)
- Status: Closed
- Type: Commercial Residential Facility
- Source: STWMLS
- MLS ID: 1421730
- Added to Site: 10 day(s) ago
Business
- Business Type: Commercial, Food & Beverage, Restaurant, Rental, Retai
Interior
- Furnishings: Unfurnished
Rooms
Other Rooms
- Laundry: In Unit
Parking
- Total Spaces: 8
Location
- County: Washington
Community
- Units Assoc/Comm: 2
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Ductless
- Heating Type: Ductless
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Electricity Available, Natural Gas Available, Natural Gas Connected, Municipal Utilities, Water Connected
Structural Information
- # Buildings: 1
- Structure Type: Apartment
- Detached/Attached: Attached
- Construction: Other
- Basement Desc.: None
- Stories/Levels: 2
- Building Size: 2088
- Finished Total: 2,088 Sq. Ft.
- Finished Above Grnd: 2,088 Sq. Ft.
- Year Built: 1933
- Other Struct. Feat.: Public Restrooms
Lot Features
- Property View: Water
- Lot Size (Acres): 0.28
- Lot Size (Sq. Ft.): 12,400
- Lot Size: 12400
- Sidewalks: Yes
- Lot Features: Historic District
- Potential Use: Commercial, Investment, Mixed Use, Office, Other, Residential, Retail, Single Family
Water Features
- Water View: Yes
Financial Considerations
- Tax Amount: $2,116
- Tax Year: 2024
Disclosures and Reports
- Documents Avail.: Building Plans, Environmental Study, Site Plan
- Property ID: 454OCEANAVNSHM
- Lot Number: 35
Listed by Ballard Hall Sales Group
Sold by Sullivan Sotheby's Intl.Realty
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Schools
Schools serving 454 Ocean Ave
School District:New Shoreham School District
| Name | Grades | Distance |
|---|---|---|
Block Island School Block Island School, New Shoreham, RI 02807 | K-12 | 0.8 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 454 Ocean Ave
Date
Details
Price
Change
Source
9/01/2026
Sold
$2,000,000
-16.67%
MLS
8/27/2026
Listed
$2,400,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
454 Ocean Avenue, Block Island, RI 02807 (MLS# 1421730) is a Commercial Residential Facility property that was sold at $2,000,000 on September 01, 2026. Want to learn more about 454 Ocean Avenue? Do you have questions about finding other Commercial Residential Facility 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.

