53 Circuit Avenue, Oak Bluffs, MA 02557
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53 Circuit Avenue, Oak Bluffs, MA 02557
53 Circuit Avenue, Oak Bluffs, MA 02557
53 Circuit Avenue, Oak Bluffs, MA 02557
53 Circuit Avenue, Oak Bluffs, MA 02557
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Janet Leigh Scott

Janet Leigh Scott

+1(508) 662-8204
Listed by Stephanie Roache • Donnelly + Co
$ 5,500,000
Est. payment /mo
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Active

53 Circuit Avenue Oak Bluffs, MA 02557

6 Beds

4.5 Baths

5,706 SqFt

UPDATED:

Key Details

Property Type Commercial

Sub Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 5,706 sqft

Price per Sqft $963

MLS Listing ID 44355

Bedrooms 6

Full Baths 3

Half Baths 3

HOA Y/N No

Year Built 1900

Lot Size 2,613 Sqft

Acres 0.06

Property Sub-Type Commercial

Source link_vineyard

Property Description

This exceptional mixed-use property occupies a premier location in the heart of Oak Bluffs thriving Circuit Avenue business district. Meticulously renovated and designed by architect Chuck Sullivan, the building offers a distinctive combination of commercial and residential spaces in one of Martha's Vineyard's most sought-after high-foot-traffic downtown locations. The Union Chapel, across the street, and the Tabernacle, behind the property, host major Island events. Every aspect of the property reflects an outstanding level of craftsmanship and attention to detail. The street level features an expansive commercial space with considerable flexibility for restaurant-bar and/or retail use (for a restauranteur, the kitchen and bar infrastructure are intact and virtually turnkey). The commercial floor includes three handicap-accessible half baths and a convenient and thoughtfully designed rear exterior loading area. The very large newly excavated basement is dry and temperate year-round, providing valuable, clean, safe storage and operational space, an uncommon amenity for downtown Island properties. The second floor includes two beautifully appointed residential apartments, totaling 6 bedrooms and 3 full bathrooms, ideal for creating additional income potential and operational flexibility. The property has a distinctive commercial history, having served in the 1930's as an A&P grocery store (The Great Atlantic & Pacific Tea Company) and, in recent decades, 99-occupancy restaurants and an upscale retail store. Combining outstanding craftsmanship, state-of-the-art building systems, and a highly desirable high-traffic in-town location, this is a premier mixed-use investment offering with broad appeal to investors, business owners, and developers alike.

Location

State MA

Area 3

Zoning B1

Interior

Interior Features A, AC, Ins, MiniSplit, Floor 1: The 2, 320-square-foot main level features soaring 14-foot tin ceilings, original refinished oak floors, distinctive silver shiplap paneling, and a custom handmade zinc curved bar accommodating 15 bar stools. Presently, the space houses an upscale retailer and includes three handicap-accessible bathrooms and a state-of-the-art sound and LED lighting system with numerous adjustable zones to change the ambiance based on time of day. An established commercial kitchen infrastructure occupies the rear of the space for future potential restaurant use., Floor 2: The 1, 669-square-foot second floor offers two distinct residential apartments plus an auxiliary bedroom/office with a full bath. One apartment features two bedrooms, a full kitchen, and full bath, while the second offers three bedrooms, a full kitchen, living room, and full bath. This versatile residential component provides meaningful income potential and flexibility for a variety of ownership and operational needs.

Heating Propane

Flooring Hardwood/carpet

Fireplaces Type None

Fireplace No

Appliance Stove: 1 gas stove and 1 electric stove, Washer: Commercial Washer

Exterior

Exterior Feature Deck, Garden

Utilities Available Cbl

View None, Twn

Private Pool false

Building

Lot Description Lease space from The Campgrounds - with garden + receiving dock

Foundation Poured

Sewer Twn

Water Town

New Construction No

Nearby Locations

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Janet Leigh Scott

+1(508) 662-8204

janet.shifflette-scott@exprealty.com

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53 Circuit Avenue