954-895-5352
130 Chapel St, New Shoreham, RI for Sale
Storefront Retail/Residential - FOR SALE
1/24
null | Request Cap Rate

Jan '26


130 Chapel St
New Shoreham, RI 02807


HIGHLIGHTS

  • Local landmark, high triffic, seasonal.
  • expansion possible,

OVERVIEW

A Local Landmark For Sale Over 7,000 sq. ft. building comprised of three individual condominium units, each home to a thriving business. The first unit features a Bakery & Ice Cream Parlor that has been in continuous operation for 56 years. This business includes a coveted peddler’s license to sell food on Block Island’s Great Salt Pond — the only license of its kind in existence — providing exclusive access to the harbor, which was recently named 2025 United States Harbor of the Year by Boaters Magazine. The second unit houses a thriving Italian-style restaurant with a full liquor license, seating for 125 guests, and a well-established dine-in and take-out customer base. The third unit, occupying the second floor, is an eight-room inn with a strong rental history. All equipment, licenses, and businesses are included in the sale, for all three units. Located in the heart of Block Island’s Old Harbor commercial district, this property benefits from the island’s popularity, welcoming over 1 million visitors each season. Contact the listing agent for pricing and additional information.

FOR SALE DETAILS

PRICE

Request Info for Price

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1909

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.36 AC

LAND SF

15,688 SF

ZONING

OHC/PD

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Leone LeoneLila Delman CompassMore Info
954-895-5352

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

Leone LeoneLila Delman CompassMore Info
954-895-5352

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.