Oak Bluffs, MA 0255753 Circuit Avenue
$5,500,000




71 more
Presented By: Stephanie Roache with Donnelly + Co
Home Details
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.
Presented By: Stephanie Roache with Donnelly + Co
Interior Features for 53 Circuit Avenue
Total Bedrooms6
Full Baths3
Half Baths3
BasementThe 1, 717-square-foot commercial basement provides an unusually extensive level of storage and operational support for a commercial property. Features include a walk-in refrigerator, walk-in freezer, commercial washer and dryer, three on-demand hot water heaters, and a secure liquor room. Additional basement loft storage further expands the utility of the space. The basement also includes a dedicated delivery door and ramp accessible from a covered ground-level exterior delivery area.
FlooringHardwood/carpet
HeatingPropane
AppliancesStove: 1 gas stove and 1 electric stove, Washer: Commercial Washer
General for 53 Circuit Avenue
Property TypeCommercial
Property SubtypeCommercial
StatusActive
Year Built1900
Total Rooms10
SewerTwn
MLS Area3
Tax Annual Amount12233
Tax Assessed Value1432100
Tax Year2026
Exterior for 53 Circuit Avenue
Lot Size Acres0.06
Lot Size Square Feet2614
Exterior FeaturesDeck, Garden
Parking FeaturesStreet parking, loading zone parking steps from the building's back gate, covered delivery area
Water SourceTown
ViewNone, Twn
Additional Details
Similar Properties to 53 Circuit Avenue
Listing information is provided by LINK MLS and is deemed reliable but not guaranteed. Listing courtesy of Donnelly + Co.
Acres • 0.06