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Investment Highlights

  • Heavy daytime foot traffic
  • Variety of allowed uses
  • Established commercial tenants

Executive Summary

Located at the iconic four-corner intersection of Bridgegate Square in downtown Block Island, RI, this exceptional offering includes three classic Cape-style buildings combining commercial and residential space in one of the island's most coveted locations. Two of the buildings feature mixed-use layouts, with well-maintained commercial storefronts on the first floor and residential apartments above, ideal for year-round or seasonal rental income. The third building is comprised entirely of versatile commercial space, perfect for retail, office, or service-based businesses. Set amid Block Island's highest foot-traffic corridor, this property is a rare opportunity to own a cornerstone of the island's vibrant business district. Just steps from the beach, ferry landings, shops, and restaurants, the location offers unbeatable visibility and accessibility for both commercial and residential tenants. With established, long-term commercial tenants in place, this is a turnkey investment with strong income potential and lasting value in one of New England's most desirable coastal destinations. Don't miss this rare opportunity to own a significant downtown asset in a location that simply cannot be replicated.

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Freestanding
Building Size
3,859 SF
Building Class
C
Year Built
1940
Price
$5,200,063 CAD
Price Per SF
$1,347.52 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.18
Lot Size
0.50 AC
Zoning
OHC - The Old Harbor Commercial Zone is historically and commercially defined & is the site of the major hotels, stores, restaurants and related activities.

Amenities

  • Corner Lot
  • Restaurant
  • Signage
  • Waterfront
Somewhat walkable
30/100
Exceptionally drivable
100/100
Limited public transit
30/100
Somewhat bikeable
20/100

Property Taxes

Property Taxes

Parcel Number
BLOC-000006-000000-000134
Land Assessment
$932,017 CAD
Improvements Assessment
$588,330 CAD
Total Assessment
$1,520,347 CAD
  • Listing ID: 38559078

  • Date on Market: 2025-11-24

  • Last Updated:

  • Address: 442 Dodge St, New Shoreham, RI 02807

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