212 Water ST, Block Island, RI  |  Commercial:$8,995,000
MLS Number: 1417945 - ACTIVE
Lot Size:0.22 Acres
Year Built:1893
Listed By: Lila Delman Compass
THE 212 presents a rare opportunity to acquire one of Block Island's premier waterfront hospitality destinations in the heart of Old Harbor. Following a comprehensive multi year transformation, this iconic property has been reimagined into a fully operational, turnkey hospitality platform. Just steps from the Block Island Ferry and surrounded by the Island's restaurants, shops, beaches, and marinas, THE 212 offers multiple income producing components, including guest accommodations, acclaimed food and beverage venues, retail space, and employee housing. More than a real estate investment, THE 212 is an established destination with exceptional brand recognition, proven operational infrastructure, furnishings, equipment, and systems already in place, allowing for immediate continuation of operations. Opportunities of this scale, quality, and prominence on Block Island are exceptionally rare. The property is ideally suited for hospitality operators, private investors, family offices, boutique hotel groups, and 1031 exchange buyers seeking a legacy coastal asset with significant long term value and immediate income potential. Confidential financial and operational information is available to qualified purchasers upon execution of a confidentiality agreement.
Appliances:
--
Appliances:
--
Architectural Style:
--
Bathrooms:
--
Beds:
--
Business Type:
Bar/Tavern/Lounge, Commercial, Hospitality, Hotel/Motel, Mixed, Restaurant, Retail, Vacation Rental(s)
Community Features:
Marina, Recreational Facilities, Restaurants, Shopping, Near Swimming, Street Lights
Construction Materials:
Frame, Masonry
Cooling:
--
Door Features:
Loading Door
Electric:
3 Phase, 200+ Amp Service, Circuit Breakers
Existing Lease Type:
--
Finished Floor:
--
Fireplace Type:
--
Fireplaces:
None
Garage Spaces:
--
Handicap Accessible:
--
Has View:
--
Has Waterfront:
--
Heating:
Forced Air
Levels:
--
Living Area:
--
Lot:
Paved, Sidewalks, Local Historic District, Downtown, Historic
Lot Frontage:
Neighborhood:
Old Harbor
Other Structures:
--
Owner Pays:
--
Parking Features:
--
Pool:
--
Property Sub Type:
Commercial,Commercial Sale
PropertySubType:
Commercial,Commercial Sale
PropertyType:
Commercial/Business,Commercial Sale
Rooms:
--
Sewer:
Public Sewer
Structure Type:
Historic, Livable
Tenant Pays:
--
Under Construction:
No
View:
Water
Waterfront Features:
--
Zip Code:
02807
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