4 Ctr RdNew Shoreham, RI 02807

Property Details for 4 Ctr Rd

Property type

Specialty properties

Property subtype

Airport retail

Description

This exceptional opportunity presents approximately 0.51 acres of land for lease at the Block Island State Airport (BID) in New Shoreham, Rhode Island. Located at 4 Center Rd, 02807, this property offers a unique investment prospect within a thriving general aviation market. The airport itself is a public-use, general aviation facility serving Block Island, a popular vacation destination. BID boasts one asphalt runway, spanning 136 acres at an elevation of 108 feet. The airport provides crucial access for thousands of passengers annually, connecting the island to mainland destinations via scheduled airline service to Westerly State Airport. This strategically positioned land parcel is ideally suited to meet the growing demand for general aviation services on Block Island. The property is classified as Land, Special Purpose, with an Airport/Aviation Land subtype. The total lot size is 0.77 acres, with approximately 0.51 acres currently available for lease. The tenancy is multiple, indicating potential for shared use or subleasing. The property is uniquely positioned to capitalize on the significant tourism and transportation needs of Block Island. This is a rare chance to acquire a piece of this vital infrastructure supporting a thriving community. The property's location offers unparalleled access to the island's visitors and residents, making it an attractive investment for businesses serving the aviation sector.

Location Insight

City

New Shoreham

County

State

Rhode Island

Latitude

41.1701

Longitude

-71.5806

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