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130 Chapel St 9,319 SF Retail Building New Shoreham, RI 02807 For Sale
INVESTMENT HIGHLIGHTS
- Local landmark, high triffic, seasonal.
- expansion possible,
EXECUTIVE SUMMARY
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.
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.
TAXES & OPERATING EXPENSES (ACTUAL - 2025) Click Here to Access |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
TAXES & OPERATING EXPENSES (ACTUAL - 2025) Click Here to Access
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
Sale Type
Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
9,319 SF
Building Class
C
Year Built
1909
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.59
Lot Size
0.36 AC
Zoning
OHC/PD - The property is in a planned development also in the Old Harbor Historic District.
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130 Chapel St
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