$8,995,000
212 Water St, Block Island, RI
THE 212 offers a rare opportunity to acquire one of Block Island's premier waterfront hospitality destinations in the heart of Old Harbor. Following a multi-year transformation and more than $7.6 million invested, this iconic property has been redeveloped into a turnkey hospitality platform. Just steps from the Block Island Ferry and surrounded by the island's restaurants, shops, beaches, and marinas, the property features multiple income-producing components, including guest accommodations, acclaimed food and beverage venues, retail space, and employee housing. More than real estate, THE 212 is an established destination with brand recognition, operational infrastructure, furnishings, equipment, and systems in place. Opportunities of this scale and prominence on Block Island are exceptionally rare. Ideal for hospitality operators, investors, family offices, boutique hotel groups, and 1031 exchange buyers seeking an irreplaceable coastal asset with immediate operational capability. Confidential financial and operational information is available to qualified purchasers upon execution of a confidentiality agreement.
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