151 Beach Road Ave Tisbury, MA 02568
This exceptional commercial land opportunity in Vineyard Haven, Massachusetts, presents a lucrative investment prospect. The property, located at 151 Beach Road, encompasses 11,761.2 square feet and features a single, 7,796 square foot building constructed in 1975. Currently housing ten rented office spaces, the building boasts several long-term tenants who appreciate its excellent condition and prime waterfront location. Enjoy breathtaking views of both the harbor and lagoon. The property's strategic location offers unparalleled convenience, situated less than half a mile from the ferry terminal and the heart of downtown Vineyard Haven. This presents a unique chance to acquire a well-established commercial property with a strong tenant base in a highly desirable location. Detailed financial information is available upon execution of a non-disclosure agreement. Showings are by appointment only, requiring a minimum of 48 hours' notice and are currently scheduled for Sundays. The asking price for this remarkable property is $3,200,000. Monthly rental fees for each unit are determined by its individual square footage.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.