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Turnkey Waterfront Hospitality Property

212 Water Street Block Island, RI 02807

212 Water Street, Block Island, RI, 02807
$8,995,000
For Sale
$8,995,000

Fully operational hospitality destination with guest accommodations, food and beverage venues, retail space, and employee housing.

Days on Market8

Property Features for 212 Water Street

General Information

Standard status
Active
Property subtype
Commercial

Building Details

Year Built
1893
Listing agency Lila Delman Compass
Listed by Rosemary TOBIN · License #RES.0028817
Source Liongatere
Added: Jul 15 Updated: Jul 21 at 3:20AM Checked: Jul 22 at 6:20AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Lila Delman Compass


Investment Insights

Based on property information with market context.

THE 212 is a fully operational, turnkey waterfront hospitality destination that has undergone a comprehensive multi-year transformation and is presented as ready to operate. The property includes guest accommodations, food and beverage venues, retail space, and employee housing, providing multiple income producing components under one ownership.

Located in the heart of Old Harbor and just steps from the Block Island Ferry, THE 212 sits within an active island setting surrounded by restaurants, shops, beaches, and marinas.

The offering is described as including existing furnishings, equipment, and systems, supporting immediate continuation of operations. Confidential financial and operational information is available to qualified purchasers upon execution of a confidentiality agreement.

Key Highlights

  • 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

Property Analytics

Location Intelligence

Current Use by Public Records

Ernies Restaurant Restaurant Finn's Fish Market Specialty Food Shop Darkside Block Island (Bike/Boat/Book/etc) Store 212 Water Street ... Restaurant

FAQs

What type of property is this?
Hotel - Fully operational hospitality destination with guest accommodations, food and beverage venues, retail space, and employee housing.
Where is this hotel located?
The property is located at 212 Water Street Block Island, RI.
What is the asking price?
The asking price for this property is $8,995,000.
What are key features of this property?
This property features: 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
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