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53 Circuit AvenueOak Bluffs, MA 02557MLS Number 21801589

  • Price: $3,350,000The price has recently decreased
  • 96 Days on Market
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Price Down Payment Interest Rate Years
%

Est. Mortgage: $/month

Federal 30-year interest rate: 4.57% last updated on 2018-06-21

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

COMMERCIAL BUILDING AND TURNKEY RESTAURANT INVESTMENT OPPORTUNITY. ''State of the Art'' construction for up to 99 seat occupancy restaurant with 3 spacious apartments in a central location bustling with foot traffic. This vintage landmark underwent a massive renovation from 2012-2014 in which the ground floor was completely removed to enable excavation of a new commercial basement with new electrical, plumbing, and fire/flood/intruder infrastructure. No cost was spared engaging the best architects, lighting and sound designers, interior designers, mixology/bar experts, and commercial furniture/fixture artisans to create this stunning 100% code-compliant restaurant with 2 well full bar, espresso takeout bar, accessible restrooms, and retail space.

Listed by Alan J Schweikert of Ocean Park Realty, Inc.

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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 DescriptionNo Parking

Building

  • Year Built1900
  • Commercial UnitsYes
  • Industrial UnitsNo
  • Residential UnitsYes
  • Total Number Commercial Units1
  • Stories2
  • AsbestosUnknown
  • Total Number Residential Units2
  • BasementFull
  • Number of Units3
  • CondoNo
  • FoundationPoured
  • Lead PaintUnknown
  • Square Feet1528
  • SQFT Source DisplayAssessor

Utilities

  • Hot Water or Water HeatTank
  • WaterTown Water
  • Heat SystemForced Hot Air
  • GasNo Gas
  • CoolingCentral Air
  • Fuel TypePropane Gas
  • SewerPublic Sewer

Photos

  • Number of Photos2
  • Last Picture Change Date Time03/19/2018

Basic Information

  • Date Listed03/19/2018
  • StatusACT
  • Property Type DisplayD
  • Business TypeRestaurant
  • List Price$3,350,000
  • Modification Date03/19/2018
  • Original Price$3,350,000
  • Present UseRestaurant
  • MLS Number21801589

Interior

  • Room 3 FeaturesStudio, Year Round
  • Room 1 Features1 Bath,2 + Bedrooms, Year Round
  • Room 2 Features1 Bath,2 Bedrooms, Year Round
  • WallsSheet Rock
  • FlooringHardwood, Tile
  • Comm 1 FeaturesSidewalk, Year Round
  • Comm 1 Approx Sq Ft1536

Amenities

  • Convenient ToIn Town Location, Marina, Shopping
  • Business IncludesNone

Auction

  • Total Assessments$321,200
  • Improvement Assessment$307,000
  • Other Assessments$14,200

Location

  • Building Number53
  • StreetCircuit
  • Street SuffixAvenue
  • VillageOak Bluffs
  • StateMA
  • Zip02557
  • CountyDukes
  • TownOak Bluffs
  • Directions to PropertyEnd of Circuit ave in downtown Oak Bluffs.

Property

  • Acreage0.31
  • Lot Depth60
  • Lot Size Square Feet13504
  • Number of Buildings1
  • Flood ZoneUnknown
  • Lot Size SourceAssessor
  • RenovatedYes

Exterior

  • Siding DescriptionClapboard, Shingle
  • Exterior FeaturesDisplay Window, Fire Escape, Rear Entrance
  • Roof DescriptionAsphalt

Water Body

  • WaterfrontNo
  • Beach DescriptionNone
  • Water ViewNo
  • Water AccessNone

Other

  • Publish to Internet1
  • Annual Betterment35128
  • Title Reference Page767
  • Title Reference Book1445
  • Business with Real EstateNo
  • Special List CondNone

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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 June 23, 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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