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Property profile & analytics
OFF-MARKET
Land

151 Beach Road Ave Tisbury, MA 02568

7,796 SF Built 1975
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Land
Year built 1975
Total area 7,796 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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