Ballard Hall Sales Group Sells Rare Ocean View Commercial Property

Ballard Hall Sales GroupBLOCK ISLAND, RI - A rare opportunity to own commercial property became available in the heart of Old Harbor on Block Island, RI. The sale included a 7,546-square-foot building plus two established businesses – Finn’s Seafood Restaurant and Finn’s Seafood Market - located on the first floor. The two commercial spaces on the second floor included a retail space and diner with existing leases. The upper floor of the building includes a one-bedroom, year-round apartment for management and employee housing for restaurant staff. 212 Water Street, Block Island, RI Located in a prime commercial area, this building is just steps from the ferry landing with passengers arriving hourly from Pt. Judith, RI, Newport, RI and New London, CT. Both restaurants offer indoor dining and have separate kitchens, plus approximately 3,216 square feet of decking for outdoor dining overlooking the harbor. Views include Old Harbor, Crescent Beach, Clayhead bluffs, mainland Rhode Island and the Atlantic Ocean. 212 Water Street, Block Island, RI

It’s not often that a property such as this comes on the market. This was a great opportunity to be a part of the thriving Old Harbor Commercial community and own businesses with proven success. The town of New Shoreham liquor license was transferrable to new owner with approvals. 212 Water Street, Block Island, RI was listed at $2,100,000 and sold July 9, 2021 for $2,000,000.  

For more information, please contact: Michele Phelan at 401-741-6577 or michelezphelan@gmail.com

Ballard Hall Sales Group, Real Estate Sales, Estimates of Value and Referrals @ 401-466-8883, info@blockislandproperty.com, www.blockislandproperty.com.