7 Oakland Avenue

Oak Bluffs, MA 02557

$2,295,000
3
Half Baths
Commercial / Office

AGENTS

Douglas Elliman
Douglas Elliman

Property Description

This property is perfect for anyone looking to run a business with an opportunity to build a home onsite. An uncommon asset on Martha's Vineyard. A new owner can construct a home for themselves or perhaps two apartments for a mix of personal use and employee housing or rental units. A successful business is included in the price as well as the restaurant equipment. There is an opportunity to enhance the outdoor seating atmosphere and continue with the 74 seat capacity inside. The building is in great condition as much of it was renovated in 2017 which includes new restaurant equipment (stoves, refrigerators, freezers, all necessary kitchen items) as well as a new propane HVAC system. This is a gem of an opportunity in a really great location. Very easy to step right in to a fully functioning and well-equipped business and design your own home for the property. This area is rapidly changing and becoming a highly desirable area in Oak Bluffs.
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PROPERTY DETAILS

  • Exterior
    .14 Acres
  • Property Type
    Commercial / Office
  • MONTHLY REAL ESTATE TAX
    $583
  • ANNUAL REAL ESTATE TAX
    $6,999
  • Year Built
    1994
  • MLS/Listing ID
    39594

Amenities

  • Patio
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BUILDING/PROPERTY DETAILS

  • Air Conditioning
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Listing Courtesy of Tea Lane Associates