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Block Island, RI

Block Island, RI Commercial Real Estate for Sale

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Charlestown, RI Narragansett, RI South Kingstown, RI Westerly, RI Richmond, RI Montauk, NY Hopkinton, RI Stonington, CT

Waterfront Hotel With Retail

Updated: Jul 15

Waterfront Hotel With Retail

212 Water Street, Block Island, RI 02807

$7,800,000

7,546 sqft 0.22 AC lot

7,546‑square‑foot hospitality property on 0.22 acres
Guest accommodations, food and beverage venues, retail space, and employee housing
Waterfront setting in Old Harbor at 212 Water Street
Steps from the Block Island Ferry and near restaurants, shops, beaches, and marinas
OHC zoning with public sewer service

Renovated 10-Room Hotel

Updated: Aug 6

Renovated 10-Room Hotel

85 Ocean Avenue, Block Island, RI 02807

$2,950,000

4,488 sqft 0.69 AC lot

10‑room hospitality property with a three‑level configuration
4,488 square feet on 0.69 acres
Four third‑level accommodations, including three queen rooms and one larger suite
Six guest rooms with shared bath facilities, plus kitchen and laundry areas
Built in 2018 and recently renovated

Three-Building Mixed-Use Property

Three-Building Mixed-Use Property

442 Dodge Street, Block Island, RI 02807

$3,775,000

3,859 sqft 0.44 AC lot

Three buildings combine street-level commercial space, apartments, and additional commercial suites within a downtown business setting.

See what stands out in Washington County

We check every for-sale listing in the county against comparable properties across the country. Most price about where you would expect. A few are worth a second look.

We check every listing here. A few are worth a second look.

Cap Rate available after sign in

NOI available after sign in

Local Demand available after sign in

Waterfront Hotel Property

Waterfront Hotel Property

212 Water Street, Block Island, RI 02807

$7,800,000

7,546 sqft

Hospitality property with guest accommodations, dining venues, retail space, and employee housing.

Renovated Hotel Property

Renovated Hotel Property

85 Ocean Avenue, Block Island, RI 02807

$2,950,000

4,488 sqft

Redeveloped lodging asset with a commercial kitchen, laundry facilities, expanded accommodations, and Service Commercial zoning.

Based on your search, we've compiled 76 Potential Opportunities for your consideration. Besides 5 Active listings in Block Island, RI, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 67 Off-Market properties to explore as potential leads

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Historic Four-Unit Quadplex

Historic Four-Unit Quadplex

5153 Old Post Road, Charlestown, RI 02813

$1,950,000

2,688 sqft 2.71 AC lot

Separate legal apartment building with seven bedrooms and an established yoga studio tenant.

Land in Point Judith Neighborhood

Land in Point Judith Neighborhood

2 Sand Hill Cove Road, Narragansett, RI 02882

$1,300,000

0.81 AC lot

35,195 SF land in Point Judith, excellent location.

Prime Lots on Post Rd

Prime Lots on Post Rd

5717 Post, Charlestown, RI 02813

$150,000

0.45 AC lot

Two C3-zoned lots on Post Rd, Charlestown, RI.

Restaurant Building in High-Traffic Area

Restaurant Building in High-Traffic Area

12 Sand Hill Cove Road, Narragansett, RI 02882

Contact for pricing

Restaurant building available for lease in a high-traffic spot near Roger Wheeler State Beach.

Off-Market Properties in Block Island, RI

Consider similar Off-Market properties in Block Island, RI. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

85 Ocean Ave

COMMERCIAL (GENERAL)

85 Ocean Ave, Block Island, RI 02807

Estimated value:

$1,700,000

2,992 sqft 0.69 AC lot

45 High St

SHOW ROOM, WAREHOUSE

45 High St, Block Island, RI 02807

Estimated value:

$1,270,000

12,154 sqft 0.67 AC lot

160 Spg St

OFFICE/RESIDENTIAL (MIXED USE)

160 Spg St, Block Island, RI 02807

Estimated value:

$635,000

2,916 sqft 4.15 AC lot

145 Dodge St

SHOW ROOM, WAREHOUSE

145 Dodge St, Block Island, RI 02807

Estimated value:

$2,255,000

2,285 sqft 0.18 AC lot

198 Chapel St

OFFICE/RESIDENTIAL (MIXED USE)

198 Chapel St, Block Island, RI 02807-7874

Estimated value:

$1,035,000

1,789 sqft 0.29 AC lot

64 Connecticut Ave

COMMERCIAL (GENERAL)

64 Connecticut Ave, Block Island, RI 02807-7803

Estimated value:

$305,000

2.72 AC lot

34 Ocean Ave

SHOW ROOM, WAREHOUSE

34 Ocean Ave, Block Island, RI 02807-7728

Estimated value:

$1,895,000

5,122 sqft 0.44 AC lot

354 High St

OFFICE/RESIDENTIAL (MIXED USE)

354 High St, Block Island, RI 02807-7825

Estimated value:

$1,840,000

2,626 sqft 0.24 AC lot

215 Chapel St

OFFICE/RESIDENTIAL (MIXED USE)

215 Chapel St, Block Island, RI 02807-7874

Estimated value:

$310,000

2,830 sqft 0.20 AC lot

212 Water St

SHOW ROOM, WAREHOUSE

212 Water St, Block Island, RI 02807-7711

Estimated value:

$1,450,000

7,546 sqft 0.22 AC lot

74 Side Rd

SHOW ROOM, WAREHOUSE

74 Side Rd, Block Island, RI 02807

Estimated value:

$9,760,000

18,680 sqft 1.59 AC lot

585 Bch Ave

OFFICE/RESIDENTIAL (MIXED USE)

585 Bch Ave, Block Island, RI 02807

Estimated value:

$1,480,000

0.75 AC lot

33 Ocean Ave, Unit 4

COMMERCIAL CONDOMINUIM

33 Ocean Ave, Block Island, RI 02807-7730

Unit 4

Estimated value:

$210,000

592 sqft

584 Bch Ave

COMMERCIAL (GENERAL)

584 Bch Ave, Block Island, RI 02807-7722

Estimated value:

$290,000

1.05 AC lot

508 Old Town Rd

SHOW ROOM, WAREHOUSE

508 Old Town Rd, Block Island, RI 02807-7849

Estimated value:

$975,000

6,112 sqft 2.37 AC lot

860 Side Rd

VACANT COMMERCIAL LAND

860 Side Rd, Block Island, RI 02807

Estimated value:

$285,000

1,392 sqft 1.10 AC lot

Side Rd Off

CHARITABLE ORGANIZATION

Side Rd Off, Block Island, RI 02807

Estimated value:

$285,000

1.84 AC lot

448 Ocean Ave

OFFICE/RESIDENTIAL (MIXED USE)

448 Ocean Ave, Block Island, RI 02807-7731

Estimated value:

$325,000

2,461 sqft 0.27 AC lot

32 Dodge St

SHOW ROOM, WAREHOUSE

32 Dodge St, Block Island, RI 02807

Estimated value:

$2,150,000

11,503 sqft 0.22 AC lot

Block Island, RI Commercial Real Estate Market Trends and Statistics

Explore 72 commercial real estate for sale in Block Island, RI, showcased through 5 active listings on our real estate platform. These investment opportunities span a total of 27,927 square feet of properties for sale, with an estimated market value of $25,275,000.

Sale prices for business properties in Block Island, RI start at $2,950,000, averaging $5,055,000, and reaching up to $7,800,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Demographics Overview

Population 829

Median Household Income $72,450

College Educated 69.5%

High-Yield Neighborhoods for Investment

Identify Block Island submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood	Average Price
02807	$5.1M

Listings Trend

New vs delisted commercial listings in Washington County

New Delisted

Total CRE Inventory on Market (SF)

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