Courtesy: Lila Delman Compass
401-466-8777
85 Ocean Avenue offers a rare opportunity to acquire a newly renovated 10-room hospitality property on Block Island. The flexible three-level configuration includes six spacious guest rooms on the first and second levels with shared bath facilities, a second-level kitchen and first-level laundry. The third level features four premium accommodations including three queen guest rooms and one larger suite. The property offers significant income-producing potential with illustrative nightly room rates supporting gross room revenue of up to approximately $5,000 per fully occupied night. Projected income analysis and architectural plans available upon request.
Courtesy: Lila Delman Compass
401-466-8777
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.
Courtesy: Ballard Hall Sales Group
401-466-8883
Located at the iconic four-corner intersection of Bridgegate Square in downtown Block Island, RI, this exceptional offering includes three classic Cape-style buildings combining commercial and residential space in one of the island's most coveted locations. Two of the buildings feature mixed-use layouts, with well-maintained commercial storefronts on the first floor and residential apartments above, ideal for year-round or seasonal rental income. The third building is comprised entirely of versatile commercial space, perfect for retail, office, or service-based businesses. Set amid Block Island's highest foot-traffic corridor, this property is a rare opportunity to own a cornerstone of the island's vibrant business district. Just steps from the beach, ferry landings, shops, and restaurants, the location offers unbeatable visibility and accessibility for both commercial and residential tenants. With established, long-term commercial tenants in place, this is a turnkey investment with strong income potential and lasting value in one of New England's most desirable coastal destinations. Don't miss this rare opportunity to own a significant downtown asset in a location that simply cannot be replicated.
Block Island is located in Rhode Island. Block Island, Rhode Island has a population of 830. Block Island is less family-centric than the surrounding county with 14.71% of the households containing married families with children. The county average for households married with children is 25.16%.
The median household income in Block Island, Rhode Island is $72,279. The median household income for the surrounding county is $92,001 compared to the national median of $69,021. The median age of people living in Block Island is 47 years.
The average high temperature in July is 78.8 degrees, with an average low temperature in January of 24.3 degrees. The average rainfall is approximately 44.4 inches per year, with 26.4 inches of snow per year.
