Block Island’s Champlin’s Marina Sold
January 18, 2021
Champlin’s Marina and Resort on Block Island’s Great Salt Pond has been sold for $19 million to Great Salt Pond Marina Property, LLC of Cranston, RI, according to the Block Island Times.
The Great Salt Pond Marina Property is a subsidiary of Procaccianti Companies, a private real estate investment and management company. It is currently in the process of preparing a property improvement strategy for the marina.
Champlin’s was purchased on 1986 by former owner Joseph Grillo. It is the only “resort marina” on Block Island, welcoming large yachts and offering upscale accommodations, a pool, restaurant, bar, arcade, kayak and bike rentals.