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28379895
28379946

212 Water St, Block Island, RI 02807

TG
RI RES.0040914
Lila Delman Real Estate
Listed by Lila Delman Real Estate
$12,000,000
201 days on market
Updated 60 days ago

The 212

Details
Property Type Hospitality
Sub Type Hotel
Square Footage 17,080
Beds 18
Price per SqFt $703
Year Built 1893
Year Renovated 2025
Buildings 2
Acreage 0.910
Zoning OHC
Investment Type Stabilized

Hospitality

Marketing description

Your opportunity for 2 iconic Block Island properties packaged together!

Your gateway to a modern coastal lifestyle. The 212 is Block Island’s hub for elevated style and unforgettable experiences—fully re-imagined with a blend of boutique lodging, dining, and events in the heart of the Old Harbor district.


In a market where waterfront hospitality inventory is scarce, The 212 offers a rare combination of premium lodging + dining in one landmark building. Its complete renovation delivers a fresh brand and modern guest experience while retaining the island’s intrinsic charm. With visible location and strong exposure to summer tourism traffic, the property is positioned for high occupancy and food- & beverage success.

Don’t miss the opportunity to own a signature hospitality asset on Block Island — where modern coastal living meets elevated dining and lodging experiences. Contact us today for full financials, build-out history and occupancy metrics.

Investment highlights

Renovated boutique guest accommodations offering contemporary comfort and shared amenities, designed with the inspiration of yachting lifestyle and European living.

Bunk Mates suite: sleeps up to six guests with four queen beds, deck access and bar lounge area — ideal for families or groups.

Captain’s Quarters suite: premium accommodation with a king bed, private bath and espresso bar — perfect for a luxe escape.

Prime waterfront location at 212 Water Street, just moments from the ferry landing and the island’s top restaurants, shops and harbor-front activity.

On-site sophisticated dining concepts including One BI Steak&Oyster House and the Block IslandClam CakeCompany – creating integrated hospitality revenue streams.

A compelling investment with multiple income sources: lodging, dining, events. Excellent for an owner-operator seeking a turnkey, elevated destination property.

Listing Contacts

TG
RI RES.0040914
Lila Delman Real Estate
Listed by Lila Delman Real Estate

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Additional Information

Name
The Local Group
License
RES.0040914
Brokerage
Lila Delman Compass
Brokerage Phone
401.363.3710
Title
Realtor
Brokerage Address
235 Main Street
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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