53  Circuit Avenue

Property Photo

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. The second floor was entirely renovated into a 3 bedroom, 2 bedroom, and studio apartment connected to an attractive common area with central AC and heating throughout...ideal for employee/management/owner housing! The new basement, vital to a great restaurant, is spacious, immaculate, bone dry, and pest free with high ceilings, large walk-ins, commercial laundry, secure liquor room, employee lockers, lots of commercial shelving for dry goods etc. and with a portion designed to allow easy conversion into a prep kitchen. This property must be seen to appreciate that it is the BEST commercial restaurant on Island. The real estate is for sale, NOT the business. Sellers will consider OWNER FINANCING and a LEASE with an OPTION TO BUY to a qualified buyer with an acceptable deposit!!! A professional team in place is willing to work with a new buyer.

774-563-0633

  • Status: Withdrawn
  • Town: Oak Bluffs
  • Property Address: 53 Circuit Avenue
  • Price: $3,350,000
  • LINK ID: 32917
  • Bedrooms: 5
  • Baths: 2
  • Half Baths: 3
  • Living Space: 5200
  • Acres: 0.06
  • Water Frontage: None
  • Heat: GasFHA
  • Year Built: 1900
  • Year Renovated: 2014

774-563-0633

Property description and photographs provided by listing agent: Ocean Park Realty Inc
Email: info@leddenproperties.com