INQUIRE ABOUT THIS LISTING

INQUIRE ABOUT THIS LISTING

7 Oakland Avenue, Oak Bluffs

$2,295,000

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.

HIGHLIGHTS

Link ID 39594
Half Baths 3
Rooms 4
Living Space 1710
Acreage 0.14
Commercial

FEATURES AND AMENITIES

Link ID
39594
Price
$2,295,000
Half Baths
3
Rooms
4
Living Space
1710
Acreage
0.14
Zoning
B1
Water
Town
Sewer
Town
Heat
GFHA
Outdoor Spaces
Beach Access - Public
Patio
Features
Central A/C
Insulation
Year Built
1994
Fireplaces
0
Flooring
wood and tile
Listing Broker
Tea Lane Associates

7 Oakland Avenue, Oak Bluffs

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Buyer note, 2% Land Bank fee.
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