Metes and Bounds Rela Estate on Martha's Vineyard
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Commercial
Oak Bluffs
53 Circuit Avenue
$3,350,000.00

LINK ID: 34445
Bedrooms: 5
Baths: 3
Half Baths: 3
Rooms: 10
Living Space: 5200
Acreage: 0.0600
Water Frontage: None

INQUIRIES

Sparkling newly renovated mixed-use commercial building in a prime and bustling location in Oak Bluffs. Looking to bring your restaurant concept to Martha's Vineyard? This is the perfect turn-key opportunity for a discerning restaurateur. Having been completely rebuilt from top to bottom with design work by Sullivan + Associates, the building is now intelligently configured for use as a high-end restaurant with cocktail bar, espresso bar, seating for up to 99 people, state of the art commercial kitchen, retail space, full commercial basement, and three gorgeous apartments upstairs. Originally built in 1900 and once used as an AandP grocery store, the current owners completed extensive renovations from 2012-2014, bringing the property to an exceptional level of finish and quality. The building meets all fire codes, handicap accessibility requirements, and health regulations, and was thoughtfully engineered to be weather and sound proof. Since the renovations, the property has been operated for four summer seasons (roughly one full year) and is in mint condition. Truly a vibrant and irreplaceable offering in the absolute perfect location for high-end bar/restaurant on Martha's Vineyard.

Outdoor Spaces: Garden,Porch,
Features: Alarm,Central A/C,Insulation,
Year Built: 1900
Year Renovated: 2014
Second Dwelling: None
Zoning: B1
Water: Town
Sewer: Town
Lead Paint: Unknown
Heat: GasFHA
Yard Type: Backyard includes herb garden and sheltered receiv
Dishwasher: Y
Stove: Y
Fridge: Y
Washer: Y
Dryer: Y
TV: Cable

FIRST FLOOR DESCRIPTION
The main level is 2186 sf with soaring 14' tin ceilings, original/refinished oak floors and gorgeous silver shiplap panelling providing the restaurant/bar area a loft-style aesthetic. Commercial kitchen, 3 handicap accessible bathrooms, retail space, custom handmade curved zinc bar, and extensive custom decor and seating. Sound system and LED lighting include 6 and 17 adjustable zones respectively providing options for ambiance.

SECOND FLOOR DESCRIPTION
Second floor is 1633 sf and includes 3 apartments. Apt 1 includes 3 bedrooms, 1 bathroom with living room and full kitchen. Apt 2 includes 2 bedrooms, 1 bathroom and full eat-in kitchen. Apt 3 is a studio with full bath that was previously used as an office. High-end finish throughout.

BASEMENT DESCRIPTION
The air-tight commercial basement includes 1381 sf of crucial space for storage and operation of restaurant above. Possible for areas to be converted to a prep kitchen. Walk-in refrigerator and walk-in freezer, washer and dryer and all utilities - triple filtered water system, on-demand hot water, locked liquor room complete with security cameras, and 700 feet of additional loft storage. Engineering to be pest free and impervious to elements. Delivery door and ramp lead to basement from a covered space for deliveries.

PARKING
None but loading zone across street for trucks/deliveries

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Not responsible for misinformation or typographical errors. Prices are subject to change without notice.
Listing Agent: Wallace and Co. Sotheby's
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