245 Edgartown Vineyard Hvn Rd 1 Edgartown, MA 02539

OFF-MARKET

Commercial real estate

Property ID

US38-1630883

2,072 SF 0.5 ac lot Built 1985

Individually Owned 24-yr Hold Free & Clear

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This exceptional commercial condominium for sale is situated in Edgartown, MA, at a key intersection just off Edgartown Vineyard Haven Road (245 Edgartown Vineyard Haven Road, zip code 02539). Built in 1985, this single-building property offers a total of 2,072 square feet. Currently configured as a multifamily property with zero units, it presents a unique opportunity for redevelopment or repurposing. The property's strategic location ensures high visibility and convenient access to central Edgartown, maximizing exposure for any business. Ample parking is available, a significant advantage in this desirable area. The property is classified as a commercial condominium and is listed at $2,750,000. This represents a rare chance to acquire a highly visible commercial space in a sought-after location within the thriving Edgartown market. The lot size is not specified. This property is ideal for entrepreneurs seeking a high-impact commercial presence in a prime Edgartown location.

Property type Commercial real estate

Use group COMMERCIAL CONDOMINUIM

Year built 1985

Total area 2,072 SF

Lot 0.5 ac (21,867 SF)

APN EDGA M:0021 B:0006 L:231

UPID US38-1630883

Implied cap rate, NOI & suggested price

Cap rate vs submarket · NOI estimate · 3 price anchors

245 Edgartown Vineyard Hvn Rd, Unit 1 Edgartown, MA 02539-6948

Edgartown metro Census 200300 VINEYARD HAVEN, MA MICROPOLITAN STATISTICAL AREA

Google Maps

AI Approach AI

$2.20M

CAP Approach CAP

by Request

Comparable Approach Comparable

$1.79M

Blend (final) Blend

$2.20M

since 2002

Last sale

$2.2M

1 recorded transaction

2002

$565,000

Top alternative use upside

Retail stores $1.9M +50.0%

Comparables

6 recent transactions · within 1.5 mi

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