442 Dodge St - Freestanding FOR SALE


New Shoreham, RI 02807
$3,775,000 USD
401-465-7986
442 Dodge St, New Shoreham, RI for Sale
$3,775,000 USD
Freestanding - FOR SALE
1/15
null | Request Cap Rate

442 Dodge St
New Shoreham, RI 02807


HIGHLIGHTS

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

OVERVIEW

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.

FOR SALE DETAILS

PRICE

$3,775,000 USD

PRICE/SF

$978 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Bridgegate Square

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Restaurant, Storefront

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1940

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.5 AC

LAND SF

21,845 SF

ZONING

OHC

APN/PARCEL ID

BLOC-000006-000000-000134

ASK ABOUT THIS PROPERTY

Robin LewisBallard Hall Sales GroupMore Info
401-465-7986

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Robin LewisBallard Hall Sales GroupMore Info
401-465-7986

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