Hospitality

Block Island, RI Hospitality Properties for Sale

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Charlestown, RI Narragansett, RI South Kingstown, RI Westerly, RI Montauk, NY Wood River Junction, RI Hopkinton, RI Stonington, CT
Renovated Hotel Property
Updated: Aug 7
Renovated Hotel Property

85 Ocean, Block Island, RI 02807

$2,950,000
4,488 sqft
Redeveloped hotel property with full approvals and a third‑floor expansion
Commercial kitchen and commercial laundry facilities
Updated common areas, accommodations, and bathrooms
Currently utilized as employee housing
Service Commercial zoning
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Turnkey Waterfront Hospitality Property
Updated: Jul 15
Turnkey Waterfront Hospitality Property

212 Water Street, Block Island, RI 02807

$8,995,000
Year built 1893 waterfront hospitality destination in Old Harbor
Fully operational hospitality platform with guest accommodations, food and beverage venues, retail space, and employee housing
Multiple income‑producing components on site, including hospitality, F&B, and retail
Steps from the Block Island Ferry with surrounding access to restaurants, shops, beaches, and marinas
Operational infrastructure, furnishings, equipment, and systems are already in place for continued operations
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Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 2 Active listings in Block Island, RI, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

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

Charlestown Boutique Hotel Opportunity
Charlestown Boutique Hotel Opportunity

10 Prosser, Charlestown, RI 02813

$3,000,000
14,474 sqft 4.44 AC lot

Boutique hotel with restaurant, pub, and suites.

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Mediterranean Villa Estate For Sale
Mediterranean Villa Estate For Sale

325 Post Road, Westerly, RI 02891

Contact for pricing
5.00 AC lot

Renovated Mediterranean villa ideal for events and bed and breakfast.

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Mixed Use, Retail, Land, Hospitality, Multifamily
Mixed Use, Retail, Land, Hospitality, Multifamily

10 Prosser Trail, Charlestown, RI 02813

Contact for pricing
4.43 AC lot

Motels · 4.43 Acres

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Atlantic Ocean Beachfront Inn Opportunity
Atlantic Ocean Beachfront Inn Opportunity

145 Atlantic AV Atlantic Avenue, Westerly, RI 02891

Contact for pricing
0.50 AC lot

Beachfront inn with 23 guest rooms and private balconies.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Development Opportunity Near Foxwoods Casino
Development Opportunity Near Foxwoods Casino

586-Z Lantern Hill Road, North Stonington, CT 06359

$1,100,000
87.77 AC lot

87.77 acres development opportunity near Foxwoods Resort Casino.

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Aquebogue Land with Development Potential
Aquebogue Land with Development Potential

730 Main Road, Aquebogue, NY 11931

$749,000
1.17 AC lot

1.17 acre lot with residential and commercial possibilities.

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Commercially Zoned Land For Sale
Commercially Zoned Land For Sale

312 Merrow Rd, Tolland, CT 06084

$2,200,000
30.00 AC lot

30+ acre commercial land parcel with high visibility.

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Agawam Mill Pond Waterfront Land
Agawam Mill Pond Waterfront Land

3 Michael Dr, Wareham, MA 02538

$45,000
0.37 AC lot

Pond-front recreational parcel with shoreline access for fishing, paddling, boating, and outdoor gatherings.

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Block Island, RI Hospitality Properties Market Trends and Statistics

Explore 2 hospitality properties for sale in Block Island, RI on our real estate platform. These investment opportunities span a total of 4,488 square feet of properties for sale, with an estimated market value of $11,945,000.

Sale prices for hospitality properties in Block Island, RI start at $2,950,000, averaging $5,972,500, and reaching up to $8,995,000 — 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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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Hotels 2

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 $9M

Listings Trend

New vs delisted commercial listings in Washington County

New Delisted

Total CRE Inventory on Market (SF)

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