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212 Water St 17 080 pi² 100% Loué Commerce de détail Immeuble Block Island, RI 02807 16 751 040 $ CAD (980,74 $ CAD/pi²)



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FAITS SAILLANTS DE L'INVESTISSEMENT
- Renovated boutique guest accommodations offering contemporary comfort and shared amenities
- Bunk Mates suite: sleeps up to six guests with four queen beds, deck access and bar lounge area — ideal for families or groups.
- Prime waterfront location at 212 Water Street, just moments from the ferry landing and the island’s top restaurants, shops and harbor-front activity.
- Designed with the inspiration of yachting lifestyle and European living.
- Captain’s Quarters suite: premium accommodation with a king bed, private bath and espresso bar — perfect for a luxe escape.
- A compelling investment w multiple income sources: lodging, dining, events. Excellent for an owner-operator seeking a turnkey, destination property
RÉSUMÉ DE L'ANNONCE
A rare chance to acquire two of Block Island’s most iconic properties—one powerful package.
Step into a re-imagined coastal landmark where boutique hospitality meets thriving commerce. 212 Water Street is the Island’s center of elevated style, featuring lodging, dining, retail, and event opportunities with six revenue streams in one prime Old Harbor location.
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.
2 T U R N K E Y P RO P E RT I E S I N C L U D E D I N O F F E R I N G :
212 WATER STREET: 6986 SF
Three Levels | Turnkey Restaurant | 6 Room Inn-The Bunk Room | Two Tenants with Possibility of expanding to 4-5 rentable spaces | Over 3200 Square Feet of Decks with Views of Old Harbor. An additional private suite "Captain's Quarters" is Ideal for an owner-operator or as a fully leased investment.
85 OCEAN AVENUE: 4,488 SF
Fully Renovated Inn | Perfect for Employee Housing I Includes separate apartment I Lot offers expansion possibilities for more housing or high-end condo/townhouses.
EQUIPMENT: INCLUDED
All Equipment to operate restaurant, bunk house, and employee housing included in sale of property.
Hospitality investor seeking a high-end destination property on one of New England’s most iconic island markets. Owner-operator wanting to combine lodging and restaurants under one roof in a turnkey format. Boutique lifestyle hospitality brand looking to scale or make a flagship investment in an ultra-premium locale.
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.
Step into a re-imagined coastal landmark where boutique hospitality meets thriving commerce. 212 Water Street is the Island’s center of elevated style, featuring lodging, dining, retail, and event opportunities with six revenue streams in one prime Old Harbor location.
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.
2 T U R N K E Y P RO P E RT I E S I N C L U D E D I N O F F E R I N G :
212 WATER STREET: 6986 SF
Three Levels | Turnkey Restaurant | 6 Room Inn-The Bunk Room | Two Tenants with Possibility of expanding to 4-5 rentable spaces | Over 3200 Square Feet of Decks with Views of Old Harbor. An additional private suite "Captain's Quarters" is Ideal for an owner-operator or as a fully leased investment.
85 OCEAN AVENUE: 4,488 SF
Fully Renovated Inn | Perfect for Employee Housing I Includes separate apartment I Lot offers expansion possibilities for more housing or high-end condo/townhouses.
EQUIPMENT: INCLUDED
All Equipment to operate restaurant, bunk house, and employee housing included in sale of property.
Hospitality investor seeking a high-end destination property on one of New England’s most iconic island markets. Owner-operator wanting to combine lodging and restaurants under one roof in a turnkey format. Boutique lifestyle hospitality brand looking to scale or make a flagship investment in an ultra-premium locale.
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.
FAITS SUR LA PROPRIÉTÉ
Type de vente
Investissement ou propriétaire utilisateur
Type de propriété
Commerce de détail
Sous-type de propriété
Taille du bâtiment
17 080 pi²
Classe d’immeuble
C
Année de construction
1893
Prix
16 751 040 $ CAD
Prix par pi²
980,74 $ CAD
Pourcentage loué
100%
Location
Multiples
Hauteur du bâtiment
2 étages
Coefficient d’occupation des sols de l’immeuble
0,43
Taille du lot
0,91 AC
Zonage
OHC - OHC Zone provides seaward contact w/ the mainland w/ attendant dock activities & is the site of major hotels, stores, restaurants & related activities
Stationnement
42 places (2,46 places par 1 000 pi² loué)
Impôts fonciers
| Numéro de lot | BLOC-000006-000000-000157 | Évaluation des bâtiments | 782 761 $ CAD |
| Évaluation du terrain | 1 584 403 $ CAD | Évaluation totale | 2 367 164 $ CAD |
Impôts fonciers
Numéro de lot
BLOC-000006-000000-000157
Évaluation du terrain
1 584 403 $ CAD
Évaluation des bâtiments
782 761 $ CAD
Évaluation totale
2 367 164 $ CAD
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212 Water St
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