5 Line Rd Edgartown, MA 02539
- Auto shops
- 3,600 SF
- 1.19 lot acres
Current Use by Public Records
- Auto shops
Property Details for 5 Line Rd
- Year built
- 1997
- Construction
- STEEL FRAME
- Lot size
- 1.19 lot acres
- Property size
- 3,600 SF
- Property type
- Auto shops
- APN
- EDGA M:0024 B:0002 L:20
- APU
- EDGAM0024B0002L20
Description
This exceptional turnkey automotive repair business, established in 1987, presents a rare opportunity on Martha's Vineyard. Located in the MVY Airport Business Park, this centrally located shop enjoys high visibility and serves both residents and tourists. The property includes a 3,600 square foot steel-frame warehouse, featuring a spacious 2,800 square foot grade-level shop floor with multiple oversized overhead doors, perfect for efficient vehicle servicing. An additional 800 square feet is dedicated to office space, a reception area, and a comfortable customer waiting area. Upstairs, you'll find two private offices and ample storage. The building sits on a 1.19-acre ground-leased parcel, zoned Business III (BIII), offering convenient access to Edgartown and Vineyard Haven, including the island's main ferry terminal. The sale includes the business assets, goodwill, and real estate for $1,200,000. Detailed financial information, a comprehensive equipment list, and the ground lease agreement are available upon request for qualified buyers who sign a non-disclosure agreement. This is a unique chance to acquire a well-established, profitable business with significant potential for growth in a highly desirable location.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Edgartown
- County
- Dukes
- State
- Massachusetts
- Longitude
- -70.6034
- Latitude
- 41.3935
- CBSA code
- 47240
- CBSA name
- VINEYARD HAVEN, MA MICROPOLITAN STATISTICAL AREA
