$5,500,000

Estimated payment $31,190/month

6 Beds
6 Baths
5,706 Sq Ft
$964 Price per Sq Ft

About This Home

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.

Listing Agent

Stephanie Roache

Donnelly + Co Listed on: 08/21/2026

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,233

Year Built

  • Built in 1900 | Remodeled in 2014

Lot Details

  • 2,614 Sq Ft Lot
  • Garden

Interior Spaces

  • 5,706 Sq Ft Home
  • Partially Furnished

Bedrooms and Bathrooms

  • 6 Bedrooms

Additional Features

  • Deck
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 18
  • $1,019,500 per year additional tax assessments

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,233

Year Built

Built in 1900 | Remodeled in 2014

Lot Details

2,614 Sq Ft Lot

Listing Details

  • Property Sub Type: Multi Family
  • Property Type: Multi Family
  • Frontage: None
  • Lot Features: Lease space from The Campgrounds - with garden + receiving dock
  • LotSizeAcres: 0.06
  • View: None, Twn
  • Co List Office Mls Id: 995
  • Building Area Total: 5706
  • Has Fireplace?: No
  • Effective Year Built: 2014
  • Year Built: 1900
  • reviewed: Yes
  • Special Features: None
  • Year Built: 1900
  • Year Renovated: 2014

Interior Features

  • Appliances: Stove: 1 gas stove and 1 electric stove, Washer: Commercial Washer
  • Has Basement: The 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.
  • Full Bathrooms: 3
  • Half Bathrooms: 3
  • Total Bedrooms: 6
  • Fireplace Features: None
  • Flooring: Hardwood/carpet
  • Interior Amenities: A,AC,Ins,MiniSplit, Floor 1: The 2,320-square-foot main level features soaring 14-foot tin ceilings, original refinished oak floors, distinctive silver shiplap paneling, and a custom handmade zinc curved bar accommodating 15 bar stools. Presently, the space houses an upscale retailer and includes three handicap-accessible bathrooms and a state-of-the-art sound and LED lighting system with numerous adjustable zones to change the ambiance based on time of day. An established commercial kitchen infrastructure occupies the rear of the space for future potential restaurant use., Floor 2: The 1,669-square-foot second floor offers two distinct residential apartments plus an auxiliary bedroom/office with a full bath. One apartment features two bedrooms, a full kitchen, and full bath, while the second offers three bedrooms, a full kitchen, living room, and full bath. This versatile residential component provides meaningful income potential and flexibility for a variety of ownership and operational needs.

Exterior Features

  • Pool Private: No
  • Exterior Features: Deck, Garden
  • Foundation Details: Poured

Garage/Parking

  • Parking Features: Street parking, loading zone parking steps from the building's back gate, covered delivery area

Utilities

  • Heating: Propane
  • Sewer: Twn
  • Utilities: Cbl
  • Water Source: Town

Lot Info

  • Lot Size Sq Ft: 2614
  • Zoning: B1

Multi Family

  • Number Of Units Furnished: Partially

Tax Info

  • Tax Annual Amount: 12233
  • Tax Lot: 18
  • Tax Map Number: 11
  • Tax Other Annual Assessment Amount: 1019500
  • Tax Year: 2026

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $14,467 $2,373,100 $980,300 $1,392,800
2024 $14,467 $2,281,700 $900,200 $1,381,500
2023 $0 $2,193,500 $874,800 $1,318,700
2022 $14,467 $1,951,400 $791,400 $1,160,000
2021 $14,467 $1,963,000 $738,900 $1,224,100
2020 $12,166 $1,635,200 $703,800 $931,400
2019 $9,806 $1,275,100 $644,400 $630,700
2018 $70 $1,067,900 $461,300 $606,600
2017 $8,216 $1,008,100 $410,400 $597,700
2016 $7,659 $944,400 $399,200 $545,200
2015 $7,476 $939,200 $399,200 $540,000
2014 $7,090 $907,800 $392,700 $515,100
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
08/21/2026 08/21/26 For Sale $5,500,000 -- $964 / Sq Ft
Source: LINK (Vineyard)

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Quit Claim Deed $1,425,000 --
Deed $1,350,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Loan Amount Loan Type
Open $750,000 Commercial
Previous Owner $7,784 Commercial
Previous Owner $12,500 Commercial
Previous Owner $1,280,000 Commercial
Previous Owner $50,000 Commercial
Previous Owner $100,000 Commercial
Source: Public Records

Source: LINK (Vineyard)

MLS Number: 44869

APN: OAKB-000011-000018

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