322 State Road, Vineyard Haven
- Status: Active
- Town: Vineyard Haven
- Property Address: 322 State Road
- Price: $2,695,000
- LINK ID: 45067
- Baths: 1
- Half Baths: 9
- Rooms: 7
- Living Space: 2888
- Acres: 0.29
- Water Frontage: None
- Heat: Heat Pump
- Year Built: 1930
- Year Renovated: 2017
Email: lesliepremv@gmail.com
Two structures. Exceptional visibility. Flexible possibilities. Your next investment awaits! Move in ready opportunity in a limited inventory commercial market ideal for investors or owner operators seeking visibility, versatility, and long term income potential on Martha’s Vineyard. Main Building: Extensively renovated and expanded, the main building offers a clean bright open concept showroom, a flexible commercial space. The second floor features an open loft/office area, two private rooms with additional storage. Improvements include a professionally engineered addition, new mini split heating and cooling, a commercial grade dehumidifier in the large dry basement, and a supplemental oil heating system. Existing plumbing offers the potential to restore a second bathroom. Beautifully landscaped grounds feature flowering gardens, a rock retaining wall, and a slate patio. The large level lot provides significant parking and potential for future expansion, subject to zoning and permitting. Public transportation access may offer additional flexibility for property use that can support multiple businesses. Seller will be utilizing section 1031 exchange.