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38 Kennebec AvenueOak Bluffs, MA 02557MLS Number 21710584

  • Price: $1,085,000The price has recently decreased
  • 573 Days on Market
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Price Down Payment Interest Rate Years
%

Est. Mortgage: $/month

Federal 30-year interest rate: 4.85% last updated on 2018-10-18

This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

Well established and profitable restaurant located in downtown Oak Bluffs known as Jimmy Seas Pan Pasta. Sale includes; real estate, 50 seat restaurant business, furnishings and all inventory. Second floor offers an investor many options with additional living space or possible expansion of the restaurant business. There are two large rooms, storage and full bath. The larger room has a new entry door leading out to roof deck area overlooking Ocean Park and Nantucket Sound. This is a great investment opportunity for this turnkey operation.

Listed by Ralph F Dostal, Jr of Martha's Vineyard Real Estate

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East Coast Inn Brokers

Your Local Office

East Coast Inn Brokers
PO Box 6211
Brattleboro VT, 05302

Office: 802.254.7279

More Info

Parking

  • Parking Spaces
  • Parking DescriptionStreet/Public

Building

  • Year Built1870
  • Building ConstructionWood Frame
  • Commercial UnitsYes
  • Industrial UnitsNo
  • Seating Capacity26 - 50
  • Residential UnitsYes
  • Total Number Commercial Units1
  • Stories1
  • AsbestosUnknown
  • BasementFull, Interior Access, Locked Storage
  • Comm 1 OccupancyOccupied
  • CondoNo
  • FoundationBlock, Brick/Mortar, Crawl Space
  • Lead PaintUnknown
  • Square Feet2614
  • SQFT Source DisplayAssessor

Amenities

  • Convenient ToHouse of Worship, In Town Location, Shopping
  • Business IncludesBusiness Name, Equip Inventory Avl, Equipment, Goodwill, Owner Training

Other

  • Publish to Internet1
  • Business with Real EstateYes
  • Special List CondStandard
  • View Count7

Basic Information

  • Date Listed03/27/2017
  • StatusPEN
  • Property Type DisplayD
  • Business TypeBusiness w/Real Est
  • List Price$1,085,000
  • Modification Date01/24/2018
  • Original Price$1,085,000
  • Business NameJimmy Seas Pan Pasta
  • Present UseMixed, Restaurant
  • MLS Number21710584

Property

  • Acreage0.06
  • Lot Size Square Feet2614
  • Number of Buildings1
  • Flood ZoneNo
  • Lot Size SourceAssessor
  • Underground Fuel TankNo
  • RenovatedNo

Utilities

  • Hot Water or Water HeatTank
  • WaterTown Water
  • Heat SystemForced Hot Water
  • GasOn Site
  • CoolingFixed Wall System
  • Fuel TypePropane Gas
  • SewerPublic Sewer

Auction

  • Total Assessments$514,800
  • Improvement Assessment$268,600
  • Other Assessments$246,200

Location

  • Building Number38
  • StreetKennebec
  • Street SuffixAvenue
  • VillageOak Bluffs
  • StateMA
  • Topography Lot DescriptionRoadway, View
  • Zip02557
  • CountyDukes
  • TownOak Bluffs
  • Directions to PropertyDriving down the back of Circuit Ave. on Kennebec Avenue, pass the parking lot for the Reliable Market on the left and property is on your right opposite the Post Office building.

Interior

  • WallsSheet Rock, Wood
  • FlooringTile, Wood
  • Comm 1 FeaturesFire Alarm, Seasonal

Exterior

  • Siding DescriptionBlock, Clapboard, Shingle, Vertical Siding
  • Exterior FeaturesRear Entrance, Sign
  • Roof DescriptionAsphalt

Water Body

  • WaterfrontNo
  • Beach DescriptionNantucket Sound, Ocean
  • Water ViewYes
  • Waterview DescriptionNantucket Sound, Ocean
  • Water AccessNone

Photos

  • Number of Photos23
  • Last Picture Change Date Time03/28/2017

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broker reciprocity The data relating to real estate for sale on this site comes from the Broker Reciprocity (BR) of the Cape Cod & Islands Multiple Listing Service, Inc. Summary or thumbnail real estate listings held by brokerage firms other than CCAI - East Coast Inn Brokers are marked with the BR Logo and detailed information about them includes the name of the listing broker. Neither the listing broker nor CCAI - East Coast Inn Brokers shall be responsible for any typographical errors, misinformation, or misprints and shall be held totally harmless.

This site was last updated October 21, 2018. All properties are subject to prior sale, changes, or withdrawal.

CCAI - East Coast Inn Brokers has chosen to display only certain towns and/or types or styles of properties. This site may not show all listings that are available through the Cape Cod & Islands Multiple Listing Service, Inc.

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