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Faits saillants de l'investissement

  • Premier Waterfront Hospitality Destination An iconic Old Harbor property positioned in one of New England's most desirable coastal markets.
  • Diverse Income Streams Boutique guest accommodations, acclaimed food & beverage venues, retail space, and supporting operational infrastructure.
  • Turnkey Operation Includes established operations, FF&E, and operational assets, allowing for immediate continued operation.
  • $7.6+ Million Redevelopment Extensively transformed through a multi-year redevelopment, creating a turnkey hospitality platform.
  • Prime Old Harbor Location Steps from the Block Island Ferry, marinas, beaches, shopping, and dining in the island's primary commercial district.
  • Exceptional Investment Opportunity Ideal for hospitality operators, family offices, boutique hotel groups, strategic investors, and 1031 exchange buy

Résumé de l'annonce

THE 212 represents the opportunity to acquire one of Block Island's most recognizable waterfront hospitality destinations. Following a multi-year redevelopment with more than $7.6 million invested, the property has been transformed into a turnkey hospitality platform featuring boutique guest accommodations, food and beverage operations, retail space, and supporting infrastructure in the heart of Old Harbor.
The offering includes the real estate together with furnishings, fixtures, equipment, and operational assets necessary to continue operations. Additional details regarding included assets will be provided during due diligence.
Due to the confidential nature of the business, financial statements, operational information, and supporting due diligence materials are available only to qualified purchasers following execution of a Confidentiality Agreement (NDA).
The offering includes the real estate, established hospitality business, furnishings, fixtures, equipment (FF&E), operating systems, digital assets, and related operational infrastructure, providing the next owner with an exceptional opportunity to continue and expand an established destination hospitality operation.
Showings are by appointment only and coordinated to minimize disruption to ongoing business operations.

Faits sur la propriété

Type de vente
Investissement ou propriétaire utilisateur
Condition de vente
Valeur opérationnelle comprise
Type de propriété
Commerce de détail
Sous-type de propriété
Boutique
Taille du bâtiment
17 080 pi²
Classe d’immeuble
C
Année de construction
1893
Prix
12 640 674 $ CAD
Prix par pi²
740,09 $ CAD
Valeur commerciale
12 640 674 $ 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 - La zone OHC offre un contact maritime avec le continent, accompagné d'activités portuaires, et est le site de grands hôtels, magasins, restaurants et activités connexes.
Stationnement
42 places (2,46 places par 1 000 pi² loué)

À propos de 212 WATER ST , BLOCK ISLAND, RI 02807

THE 212 presents a rare opportunity to acquire one of New England's premier waterfront hospitality investments in the heart of Old Harbor, Block Island. Following a multi-year redevelopment with more than $7.6 million invested, the property has been transformed into a fully integrated hospitality platform combining boutique guest accommodations, acclaimed food and beverage venues, retail space, and supporting operational infrastructure. Strategically positioned just steps from the Block Island Ferry, marinas, beaches, shopping, and dining, THE 212 occupies one of the island's most recognizable and highly trafficked waterfront locations. The offering includes established hospitality operations together with furnishings, fixtures, equipment (FF&E), and operational assets, allowing the next owner to continue operations while benefiting from years of planning, permitting, redevelopment, and brand development already completed. With limited commercial inventory, significant barriers to new development, and enduring tourism demand, Block Island remains one of New England's most supply-constrained hospitality markets. Opportunities to acquire an asset of this scale, location, and operational readiness are exceptionally rare. Ideal for hospitality operators, boutique hotel groups, family offices, strategic investors, hospitality platforms, and 1031 exchange buyers seeking a legacy coastal investment with immediate operational capability and long-term appreciation potential. Confidential financial information, operational data, and due diligence materials are available to qualified purchasers upon execution of a Confidentiality Agreement (NDA).

Relativement accessible à pied
30/100
Exceptionnellement adapté aux voitures
100/100
Transports en commun limités
30/100
Relativement accessible en vélo
20/100

Impôts fonciers

Impôts fonciers

Numéro de lot
BLOC-000006-000000-000157
Évaluation du terrain
1 580 119 $ CAD
Évaluation des bâtiments
1 354 990 $ CAD
Évaluation totale
2 935 110 $ CAD
  • ID d’inscription: 41300029

  • Date de mise sur le marché: 2026-07-15

  • Dernière mise à jour:

  • Adresse: 212 Water St, Block Island, RI 02807

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