238 Edgartown Vineyard Haven RdEdgartown, MA 02539
- Office properties
- 5,230 SF
Property Details for 238 Edgartown Vineyard Haven Rd
- Year built
- 1985
- Property size (Sq ft)
- 5,230 SF
- Property type
- Office properties
- APN
- EDGA M:0021 B:0010 L:15
- APU
- EDGAM0021B0010L15
Description
This exceptional 1,780 square foot retail space is situated on a prominent 2.1-acre lot at 238 Edgartown Vineyard Haven Road. The single-tenant building boasts a prime location directly across from a Stop & Shop, ensuring high foot traffic and visibility. The property is zoned BII (Business II - Upper Main St Bus), offering flexibility for various commercial uses. The building itself is a single-story structure featuring well-appointed office and conference room spaces, ideal for a business requiring both retail and administrative areas. Ample on-site parking is available for customers and employees. The building benefits from 100% air conditioning and electric service. Excellent signage opportunities exist along the highly trafficked Edgartown Vineyard Haven Road. The property is available for occupancy beginning March 15, 2024. The APN is 21 10 5. This presents a rare opportunity to acquire a well-located, versatile commercial property in a thriving area.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $1,294,488
- 6.5%
- $1,194,912
- 7%
- $1,109,562
-
Comparable approach
- Method
- Valuation
- Relative Method
- $683,352
- Geo Method
- $683,352
-
Alternative Use
- Use
- Valuation
- Residential
- $1,481,691
- Hospitality
- $1,357,221
- Educational
- $1,129,192
- Medical
- $1,168,027
- Retail
- $1,756,521
Location Insight
- City
- Edgartown
- County
- Dukes
- State
- Massachusetts
- Latitude
- 41.3947
- Longitude
- -70.5299
- CBSA code
- 47240
- CBSA name
- VINEYARD HAVEN, MA MICROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
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