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Versatile Commercial Condo in Tisbury
For Sale
$1,500,000

455 State Rd # 8 Tisbury, Vineyard Haven, MA 02568

2,614 sq ft commercial condo in high-traffic location.

Property Size2,614 SF
Price / SF$573.83
Days on Market169

Property Features for 455 State Rd # 8 Tisbury

General Information

Standard status Active
Size 2,614 SF
Zoning B2

Taxes and HOA fees

Annual Taxes $5,257

Building Details

Year Built 1972
Listing Agency: Sandpiper Realty, Inc
Listed By: Dawn Bellante · License #448013909
Source: Milestonerealtyinc
Added: May 16 Changed: Oct 31 Last Checked: Oct 7 at 9:40AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Sandpiper Realty, Inc

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Investment Insights

Based on property information with market context.

Located in Vineyard Haven, Martha's Vineyard, this commercial condominium offers a prime opportunity in a vibrant, year-round community. Situated in the Woodland Center Marketplace, Unit 8 is a corner unit comprising 2,614± sq. ft. and is one of the largest in a well-managed association. The property features a showroom with an office area, a workroom/warehouse storage section, a kitchenette, and a half bath. Currently configured for a tile and flooring business, the flexible layout can be adapted for retail, design, or professional use. The property benefits from high visibility, ample parking, and professional management. The successful Karpet Kare tile and flooring business is also available separately.

Key Highlights

  • Prime commercial location in Vineyard Haven's Woodland Center Marketplace.
  • Large 2,614± sq. ft. corner commercial condominium with high visibility.
  • Flexible layout adaptable for retail, design, or professional use.

Property Analytics

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Current Use

Showrooms

Suggested Use

Top Pick Pharmacy Auto Parts Store (Bike/Boat/Book/etc) Store Grocery & Convenience Store Catering Service Daycare Center

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

224
Businesses Nearby
Well-served
Demand for This Use

Demographics for 02568, MA

8,172
Population
5,432
Households
1.5
Avg Household Size
47
Median Age
46%
College-Educated
93%
High-School Grad
12.8 sq mi
ZIP Area
638
Density / Sq Mi
$93,615
Median Household Income
$47,913
Median Earnings
$1,172
Median Rent
$911,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Industrial in Northeast region

5.4% 2019
4.6% 2020
3.2% 2021
3.3% 2022
5.3% 2023
6.6% 2024
7.6% 2025

Similar Off Market Nearby

  • A1 Martha's Vineyard Hardwood — 21 Evelyn Way, Vineyard Haven, MA 02568
  • Mac Donald's Rugs & Carpets — 155 State Rd, Vineyard Haven, MA 02568
  • Martha's Vineyard Tile Company Inc. — 123 Beach Rd, Vineyard Haven, MA 02568
  • Plum Perfect Painting — 169 Spring St, Vineyard Haven, MA 02568

Frequently Asked Questions

What type of property is this?
Showroom - 2,614 sq ft commercial condo in high-traffic location.
Where is this showroom located?
The property is located at 455 State Rd # 8 Tisbury Vineyard Haven, MA.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: Prime commercial location in Vineyard Haven's Woodland Center Marketplace.; Large 2,614± sq. ft. corner commercial condominium with **high visibility**.; Flexible layout adaptable for retail, design, or professional use.
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