For Sale
$2,100,000
85 Ocean Ave Ocean AveNew Shoreham, RI 02807
Prime RI Commercial Property, High Potential
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 114
Highlights
- 2018-built, two-story commercial building on a 30,056 sq ft lot at 85 Ocean Avenue, New Shoreham, RI 02807.
- Currently configured as a bar and restaurant with expansive dining and bar areas, two kitchens, three bathrooms, an office, and ample storage.
- Features nineteen parking spaces and is fully ADA compliant.
- Unfinished attic space on the second floor offers potential for future development (subject to approvals).
- Offered at $2,100,000 with a 4.00% cap rate; Old Island Pub business not included.
Property Details for 85 Ocean Ave Ocean Ave
- Property type
- Retail properties, Restaurants
- Year Built
- 2018
- Buildings
- 1
- Stories
- 2
Location Insight
- City
- New Shoreham
- County
- Washington
- State
- Rhode Island
- Latitude
- 41.1799334
- Longitude
- -71.5732919
85 Ocean Ave Ocean Ave, New Shoreham, Rhode Island
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