Listing Agency: Wallace & Co. Sotheby's International Realty r***@wallacemv.com Show Phone

Listed By: Rose Ryley · License #9519013 Show Phone

Source: Elliman

Added: Apr 26 Changed: Aug 16 Last Checked: Aug 20 at 9:12AM

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Investment Insights

Based on property information with market context.

This B1-zoned parcel in downtown Oak Bluffs presents a mixed-use development opportunity. The level lot is conveniently located near Inkwell Beach, Oak Bluffs Harbor, the Steamship Authority, day-trip ferry services, Circuit Avenue, and Ocean Park. It features an existing poured concrete foundation and Martha’s Vineyard Commission-approved plans by Sullivan & Associates Architects for a 2.5-story mixed-use building in a classic Vineyard style. The approved design incorporates ground-floor commercial space and two one-bedroom residential apartments, creating a total of three rentable units. The property offers a path forward for mixed-use development, or the opportunity to construct a traditional two-bedroom residence.

Key Highlights

• Rare B1‑zoned parcel in downtown Oak Bluffs offering mixed‑use development potential.
• Martha's Vineyard Commission‑approved plans by Sullivan & Associates Architects for a 2.5‑story mixed‑use building.
• Includes an existing poured concrete foundation, saving time and construction costs.

Property Analytics

Property Profile

Current Use

Commercial land

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Garden Center Carpet & Flooring Store HVAC Service Electrical Service Tattoo & Piercing Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

470

Businesses Nearby

Explore this area Business Placement

Demographics for 02557, MA

2,372

Population

2,790

Households

0.9

Avg Household Size

53

Median Age

42%

College-Educated

97%

High-School Grad

3.2 sq mi

ZIP Area

741

Density / Sq Mi

$95,287

Median Household Income

$60,016

Median Earnings

$1,006,000

Median Home Value

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Frequently Asked Questions

What type of property is this?

Commercial land - B1-zoned parcel with approved plans for mixed-use development.

Where is this commercial land located?

The property is located at 112 Dukes County Marthas Vineyard, MA.

What is the asking price?

The asking price for this property is $549,000.

What are key features of this property?

This property features: Rare B1‑zoned parcel in downtown Oak Bluffs offering mixed‑use development potential.; Martha's Vineyard Commission‑approved plans by Sullivan & Associates Architects for a 2.5‑story mixed‑use building.; Includes an existing poured concrete foundation, saving time and construction costs.