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    Block Island, RI Restaurants for Sale

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    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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    Waterfront Hotel Property
    Updated: Jul 15
    Waterfront Hotel Property

    212 Water Street, Block Island, RI 02807

    $7,800,000
    7,546 sqft
    Waterfront hotel property at 212 Water Street, Block Island
    Guest accommodations, food and beverage venues, retail space, and employee housing
    Furnishings, equipment, and operational systems included
    Built in 1893
    Zoned OHC
    View details
    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.

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    Based on your search, we've compiled 8 Potential Opportunities for your consideration. Besides 2 Active listings in Block Island, RI, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 2 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.

    Mixed-Use Property with Tavern Building
    Mixed-Use Property with Tavern Building

    5153 Old Post Road, Charlestown, RI 02813

    $1,950,000
    2,688 sqft 2.71 AC lot

    The property combines commercial space, a yoga studio tenant, and a four-unit apartment component.

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    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.

    View details
    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.

    View details
    Hotel Restaurant and Bar Space
    Hotel Restaurant and Bar Space

    1208 Ocean Road, Narragansett, RI 02882

    Contact for pricing

    Built in 2017, this hotel-based restaurant includes two commercial kitchens, a rooftop bar, and seating for 100.

    View details

    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.

    Prime Land in Dunn's Corners
    Prime Land in Dunn's Corners

    261 Post Road, Westerly, RI 02891

    $849,000
    0.92 AC lot

    0.92 acres with 200+ feet of frontage on Route 1.

    View details
    Commercial Land with Road Frontage
    Commercial Land with Road Frontage

    4000 Quaker Lane, North Kingstown, RI 02852

    $399,000
    1.71 AC lot

    Heavy Business-zoned parcel with public water and access to gas and three-phase power.

    View details

    Block Island, RI Restaurants Market Trends and Statistics

    Explore 2 restaurants for sale in Block Island, RI on our real estate platform. These investment opportunities span a total of 15,092 square feet of properties for sale, with an estimated market value of $15,600,000.

    Sale prices for restaurant properties in Block Island, RI average $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

    Conventional restaurants 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 $7.8M

    Listings Trend

    New vs delisted commercial listings in Washington County

    New Delisted

    Total CRE Inventory on Market (SF)

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