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.