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Sheena Ruggirello

sheena.ruggirellos@gmail.com +1(860) 222-4734

$8,995,000

Est. payment - /mo

7,546 SqFt

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Key Details

Property Type Commercial

Sub Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 7,546 sqft

Price per Sqft $1,192

Subdivision Old Harbor

MLS Listing ID 1417945

HOA Y/N No

Abv Grd Liv Area 7,546

Year Built 1893

Annual Tax Amount $12,030

Tax Year 2025

Lot Size 9,583 Sqft

Acres 0.22

Property Sub-Type Commercial

Property Description

THE 212 presents a rare opportunity to acquire one of Block Island's premier waterfront hospitality destinations in the heart of Old Harbor. Following a comprehensive multi year transformation, this iconic property has been reimagined into a fully operational, turnkey hospitality platform. Just steps from the Block Island Ferry and surrounded by the Island's restaurants, shops, beaches, and marinas, THE 212 offers multiple income producing components, including guest accommodations, acclaimed food and beverage venues, retail space, and employee housing. More than a real estate investment, THE 212 is an established destination with exceptional brand recognition, proven operational infrastructure, furnishings, equipment, and systems already in place, allowing for immediate continuation of operations. Opportunities of this scale, quality, and prominence on Block Island are exceptionally rare. The property is ideally suited for hospitality operators, private investors, family offices, boutique hotel groups, and 1031 exchange buyers seeking a legacy coastal asset with significant long term value and immediate income potential. Confidential financial and operational information is available to qualified purchasers upon execution of a confidentiality agreement.

Location

State RI

County Washington

Community Old Harbor

Zoning OHC

Rooms

Basement Crawl Space

Interior

Heating Forced Air

Exterior

Community Features Marina, Pool, Recreation Area, Restaurant, Shopping, Sidewalks, Street Lights

Utilities Available Electricity Available

View Y/N Yes

View Water

Street Surface Asphalt,Paved

Building

Lot Description Historic District

Story 3

Foundation Concrete Perimeter, Slab

Sewer Public Sewer, Sanitary

Water Public

Level or Stories 3

Structure Type Frame,Masonry

New Construction No

Others

Tax ID 212WATERSTNSHM

Virtual Tour https://tour.RiLiving.com/212-Water-Street-Block-Island-RI-02807

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Listed by Lila Delman Compass

Nearby School & Business

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Sheena Ruggirello

+1(860) 222-4734

Agent | License ID: CN234452

Agent License ID: CN234452

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212 Water ST Block Island, RI 02807

Sheena Ruggirello

Key Details

Location

Rooms

Interior

Exterior

Building

Others

Nearby School & Business

Get More Information