
$7,800,000 USD
Hospitality Property for Sale, 212 Water Street, Block Island, Rhode Island 02807
- MLS#1417945
701 m² (7,546 ft²)
Listed By Lila Delman Compass
The Hospitality Property for Sale located at 212 Water Street, Block Island, Rhode Island 02807 is currently for sale. 212 Water Street, Block Island, Rhode Island 02807 is listed for $7,800,000.
Property features
Property
- Property size:
701 m² (7,546 ft²) - Type: Historic Property
Lot/Land
- Land/Lot size:
890 m² (9,583 ft²) - Lot Description: Paved RoadSidewalks
- Local zoning: Historical District
Construction
- Year built: 1893
- Construction: Frame
- Basement and foundation: On SlabCrawl Space
View
- Features: Water View
Heating and Cooling
- Heating System: Forced Air
Utilities
- Other utilities: Public SewerMunicipal WaterSanitary Sewer
Community
- Features: RestaurantMarina
Description
THE 212 presents a rare opportunity to acquire one of Block Island's premier waterfront hospitality destinations in the heart of Old Harbor. Following a comprehensive multi year transformation, this iconic property has been reimagined into a fully operational, turnkey hospitality platform. Just steps from the Block Island Ferry and surrounded by the Island's restaurants, shops, beaches, and marinas, THE 212 offers multiple income producing components, including guest accommodations, acclaimed food and beverage venues, retail space, and employee housing. More than a real estate investment, THE 212 is an established destination with exceptional brand recognition, proven operational infrastructure, furnishings, equipment, and systems already in place, allowing for immediate continuation of operations. Opportunities of this scale, quality, and prominence on Block Island are exceptionally rare. The property is ideally suited for hospitality operators, private investors, family offices, boutique hotel groups, and 1031 exchange buyers seeking a legacy coastal asset with significant long term value and immediate income potential. Confidential financial and operational information is available to qualified purchasers upon execution of a confidentiality agreement.
Location
212 Water Street, Block Island, Rhode Island 02807