212 Water Street

Property Description

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.

Overview

Property Status

For Sale

Lot Size

9,583 Sq.Ft.

MLS ID

1417945

Property Type

Commercial

Year Built

1893

Features & Amenities

Total Area

7,546 Sq.Ft.

Neighborhood

New Harbor

View Description

Water

Stories

Water Source

Public

Utilities

Electricity Available

Lot Features

Historic District

Heat Type

Forced Air

Sewer

Public Sewer, Sanitary

Substructure

Concrete Perimeter, Slab

Sales Price

$8,995,000

Real Estate Tax

$12,030/yr

Zoning

OHC

Schedule a Tour

We would love to help you see this beautiful home! As a full-service brokerage, we can help you tour. Please submit an offer, and answer questions about the buying process.

In Person

Via Video Chat

Your full name*

Your Phone*

E-mail Address*

Middle Name

I agree to be contacted by The Local Group via call, email, and text for real estate services. To opt out, you can reply 'stop' at any time or reply 'help' for assistance. You can also click the unsubscribe link in the emails. Message and data rates may apply. Message frequency may vary. Privacy Policy.

Change time

Thank you

for your interest in 212 Water Street, Block Island, RI 02807

Exclusive Listings

Featured Properties

For Sale
$8,995,000

212 Water Street, Block Island, RI 02807
- 7,546 Sq.Ft.
For Sale
$3,600,000

365 Boston Neck Road, Narragansett, RI 02882
- 5 Beds
- 5 Baths
- 7,213 Sq.Ft.
Active Under Contract
$2,995,000

2180 Tower Hill Road, North Kingstown, RI 02874
- 6 Beds
- 4 Baths
- 5,652 Sq.Ft.
For Sale

$2,495,000

1827 Plainfield Pike, Johnston, RI 02919
For Sale

$2,495,000

1835 Plainfield Pike Pike, Johnston, RI 02919
For Sale

$2,200,000

47 Tuckertown Road, South Kingstown, RI 02879
For Sale
$2,050,000

30 Dory Court, South Kingstown, RI 02879
- 3 Beds
- 2 Baths
- 1,668 Sq.Ft.
For Sale
$1,599,999

136 White Birch Circle, Scituate, RI 02831
- 3 Beds
- 3 Baths
- 4,487 Sq.Ft.
For Sale
$1,590,000

16 Courtway Street, Narragansett, RI 02882
- 4 Beds
- 2 Baths
- 1,986 Sq.Ft.
Pending
$1,395,000

258 Woodridge Drive, North Kingstown, RI 02874
- 4 Beds
- 3 Baths
- 4,621 Sq.Ft.
Coming Soon
$1,395,000

9 Dudley Drive, Narragansett, RI 02882
- 4 Beds
- 2 Baths
- 2,276 Sq.Ft.
Pending
$1,250,000

25 Southern View Drive, Narragansett, RI 02882
- 4 Beds
- 4 Baths
- 2,854 Sq.Ft.
For Sale
$1,200,000

11 Woodruff Street, Narragansett, RI 02882
- 1 Bed
- 1 Bath
- 592 Sq.Ft.
For Sale
$1,149,900

140 White Birch Circle, Scituate, RI 02831
- 3 Beds
- 3 Baths
- 3,043 Sq.Ft.
Coming Soon
$949,900

18 Watch Hill Way, South Kingstown, RI 02879
- 4 Beds
- 3 Baths
- 4,011 Sq.Ft.
Pending
$899,900

47 Wooded Grove Circle, South Kingstown, RI 02892
- 4 Beds
- 3 Baths
- 3,079 Sq.Ft.
For Sale
$899,000

9 Stoneridge Road 9, Smithfield, RI 02917
- 4 Beds
- 3 Baths
- 3,300 Sq.Ft.
For Sale
$899,000

9 Stoneridge Road, Smithfield, RI 02917
- 4 Beds
- 3 Baths
- 3,300 Sq.Ft.
For Sale
$829,900

43 Flintstone Road, Narragansett, RI 02882
- 3 Beds
- 2 Baths
- 1,284 Sq.Ft.
For Sale
$829,900

8 Robin Drive, North Kingstown, RI 02852
- 4 Beds
- 3 Baths
- 3,294 Sq.Ft.
Pending
$749,900

55 Morningside Drive, North Kingstown, RI 02852
- 2 Beds
- 2 Baths
- 1,783 Sq.Ft.
Active Under Contract
$699,000

39 Edwards Avenue, South Kingstown, RI 02879
- 2 Beds
- 3 Baths
- 700 Sq.Ft.
Pending

$549,900

0 Blossom Way, Narragansett, RI 02882
Pending
$444,900

13 Pigeon Hill Cove, Hopkinton, RI 02808
- 3 Beds
- 1 Bath
- 1,250 Sq.Ft.
Pending

$115,000

360 Kingstown Road 202, Narragansett, RI 02882