Hospitality

Block Island, RI Hospitality Properties for Sale

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South Kingstown, RI Charlestown, RI Narragansett, 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
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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
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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.

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Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
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.

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Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 4 Active listings in Block Island, RI, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 1 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.

Hotel and Hospitality Property
Hotel and Hospitality Property

84 S Emerson Avenue, Montauk, NY 11954

$26,000,000
0.54 AC lot

For sale hotel and hospitality commercial property on a 0.54-acre parcel.

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Oceanfront Studio in Montauk
Oceanfront Studio in Montauk

126 South Emerson Ave Unit 88, Montauk, NY 11954

$475,000

Charming oceanfront studio with rental potential in Montauk, NY.

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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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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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Block Island, RI Hospitality Properties Market Trends and Statistics

Explore 4 hospitality properties for sale in Block Island, RI, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 24,068 square feet of properties for sale, with an estimated market value of $21,500,000.

Sale prices for hospitality properties in Block Island, RI start at $2,950,000, averaging $5,375,000, 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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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Hotels 4

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 $5.4M

Listings Trend

New vs delisted commercial listings in Washington County

New Delisted

Total CRE Inventory on Market (SF)

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