212 Water, Block Island, RI, 02807

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.

Commercial Sale, Commercial/Business
$8,995,000
Location
City/TownBlock Island
CountyWashington
Community FeaturesMarina, Recreational Facilities, Restaurants, Shopping, Near Swimming, Street Lights
Interior
Living Area7,546 sq. ft.
HeatingForced Air
Interior FeaturesCeiling Height (7 to 9 Ft), Ceiling Height (9 to 12 Ft)
Additional Information
Tax Assessment$2,088,600
ZoningOHC
Exterior
Acreage0.22
Listed By: Lila Delman Compass

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