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).
Rosemary Tobin
Lila Delman Real Estate