212 Water St, Block Island, RI

$7,800,000

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7,546

Square feet

0.22

Acres

About 212 Water St

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.

Pricing and availability subject to change.

Features of 212 Water St

MLS® # 1417945
Price $7,800,000
Square Footage 7,546
Square Footage 9583
Acres 0.22
Year Built 1893
Type Commercial Sale
Sub-Type Commercial
Status Active

Community Information

Address 212 Water St
Subdivision Old Harbor
City Block Island
County Washington
State RI
Zip Code 02807

Amenities

Utilities Electricity Available
Features Historic District
View Water
Is Waterfront No
Has Pool No

Interior

Heating Forced Air
Fireplace No
# of Stories 3
Stories 3
Has Basement Yes
Basement Crawl Space

Exterior

Exterior Frame, Masonry
Lot Description Historic District
Construction Frame, Masonry
Foundation Concrete Perimeter, Slab

Additional Information

Date Listed July 15th, 2026
Days on Market 52
Zoning OHC
Short Sale No
RE / Bank Owned No

Listing Map

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