7 Oakland AvenueOak Bluffs, MA 02557Sale Price: $1,000,000

  • Sale Price: $1,000,000
  • 10 Days Since Sale
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Federal 30-year interest rate: 7.1% last updated on Apr 18, 2024
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • $1,650,000List Price
  • 1.5Bathrooms
  • 0.14Acreage
  • 1,710Square Feet
Sold

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Listed by Jill Hobby Napior 508-642-0831 of Tea Lane Associates

Listing Sold by Tea Lane Associates
Priced to sell, vibrant restaurant opportunity and strong investment. 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. 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.

Property Details of 7 Oakland Avenue

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Based on information submitted to LINKMV as of April 20, 2024 . All data is obtained from various sources and has not been, and will not be, verified by broker or LINKMV.  All information should be independently reviewed and verified for accuracy.  Properties may or may not be listed by the office/agent presenting the information. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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