412 State Road, Tisbury, MA 02568 (MLS# 21100613)

412 State Road, Tisbury, MA 02568

$1,700,000
Property Type: Commercial Square Footage: 6,700 Lot Size (sq. ft.): 1,916,422,200 Status: Closed
Current Price: $1,700,000 List Date: 1/26/2011 Last Modified: 9/28/2024

Overview

Description

This corner commercial property with 223 of feet street frontage on State Road, Vineyard Haven, which is one of most traveled roads on Martha's Vineyard Island. The cross street is High Point Lane .The current use of the two buildings is a retail operation. The main building of property has 2,700 sq ft, the second building has 4,000 sq ft. The lot size is 1.01acre, with a paved parking lot. It has been sometime since a real estate offering like this has hit the local commercial market. This property is a prime location, keep it as a retail space or change it up to fit your business plan. The real esate and Buildings are for sale not the Business.

Listing Details MLS# 21100613

Contract Info

Original List Price
2400000
List Price/SqFt
358.21

Legal and Taxes

Street #
412
Street Name
State
Street Suffix
Road
County
Dukes
Town
Tisbury
Village
Tisbury
State
MA
Zip Code
02568
Tax ID
22A-9
Estimated Annual Taxes
16977
Tax Year
2011
Building Assessments
249200
Total Assessment
1789000
Title Reference - Book
891
Title Reference - Page
647
Land Court Cert #
no
Underground Fuel Tank
Unknown
Lead Base Paint
Unknown
Asbestos
Unknown
Flood Ins Required
Not Verified
Mass Use Code
325 - Retail Store

General Property Info

Region
Dukes County
Secondary Sub-Type
Warehouse
Other Sub-Type
Office/Professional
Zoning
B-2
# of Buildings
2
Stories
2
# of Units
2
Total Finished Space
6700
Additional SqFt Source
Owner
Condo
No
Year Built
1950
Business w/Real Estate
No
Lot Size SqFt
1916422200
Lot Size Source
Assessor
Acres
43995
Road Frontage - Old
233
Lot Depth
197
# of Parking Spaces
20
Waterfront
No
Waterview
No
Residential Units
No
Commercial Units
Yes
Total # Comm Units
2
Industrial Units
No

Status Change Info

Concessions
No
Estimated Selling Date
2011-10-07
Under Contract Date
2011-10-06
Sold Date
2011-10-07
Sold Price/SqFt
253.73
SP/AV
0.95

Present Use

Present Use Comments
rented to furiture store
Other
Yes

Business Includes

Business Includes Comments
The real estate and buildings are for sale. The tenants are at will.
None
Yes

More Information

Commercial Unit 1

Occupancy
Occupied
Type
Retail
Lease Expires Comments
Tenancy at will
Approx SqFt
2700
Flourescent Lights
Yes
Highway Access
Yes
Sidewalk
Yes
Year Round
Yes

Commercial Unit 2

Occupancy
Occupied
Type
Retail
Lease Expires Comments
Tenancy at will
Approx SqFt
4000
Highway Access
Yes
Loading Docks
Yes
Seasonal
Yes
Sidewalk
Yes

Remarks & Misc

Public Remarks
This corner commercial property with 223 of feet street frontage on State Road, Vineyard Haven, which is one of most traveled roads on Martha's Vineyard Island. The cross street is High Point Lane .The current use of the two buildings is a retail operation. The main building of property has 2,700 sq ft, the second building has 4,000 sq ft. The lot size is 1.01acre, with a paved parking lot. It has been sometime since a real estate offering like this has hit the local commercial market. This property is a prime location, keep it as a retail space or change it up to fit your business plan. The real esate and Buildings are for sale not the Business.
Directions to Property
412 State Road to High Point Lane corner lot.

Special Listing Cond

Standard
Yes

Lot Features

Corner Lot
Yes
Roadway
Yes

Basement Description

No Basement
Yes

Building/Business

Business Operating
Yes
Conforming Use
Yes

Parking Features

Parking Lot
Yes
Paved
Yes
Other
Yes

Foundation Details

Block
Yes
Concrete Perimeter
Yes
Poured
Yes
Slab
Yes

Beach Description

Bay
Yes
Harbor
Yes
Ocean
Yes

Convenient To

House of Worship
Yes
In Town Location
Yes
Major Highway
Yes
Marina
Yes
Shopping
Yes

Beach Ownership

Public
Yes

Floors

Carpet
Yes
Concrete
Yes
Heavy Duty
Yes

Walls

Concrete Block
Yes
Sheet Rock
Yes

Building Const

All Block
Yes
Wood Frame
Yes

Building Features

None
Yes

Roof Description

Tile
Yes

Siding Description

Block
Yes
Shingle
Yes

Fuel Type

Propane
Yes

Water

Public
Yes

Hot Water

Other
Yes

Hot Water Source

Other
Yes

Gas

No Gas
Yes

Property Features

Special Listing Cond: Standard Present Use: Other Business Includes: None Lot Features: Corner Lot; Roadway Parking Features: Parking Lot; Paved; Other Beach Description: Bay; Harbor; Ocean Beach Ownership: Public Convenient To: House of Worship; In Town Location; Major Highway; Marina; Shopping Floors: Carpet; Concrete; Heavy Duty Walls: Concrete Block; Sheet Rock Foundation Details: Block; Concrete Perimeter; Poured; Slab Basement Description: No Basement Building Const: All Block; Wood Frame Building Features: None Roof Description: Tile Siding Description: Block; Shingle Fuel Type: Propane Water: Public Hot Water: Other Hot Water Source: Other Gas: No Gas Commercial Unit 1: Flourescent Lights; Highway Access; Sidewalk; Year Round Commercial Unit 2: Highway Access; Loading Docks; Seasonal; Sidewalk
IDX
Listing Office: RE/MAX on Island
Listing Agent: Brian Byrne
Last Updated: September - 28 - 2024
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