5 Line RdEdgartown, MA 02539

  • Auto shops
  • 3,600 SF
For Sale
$1,200,000 View listing

Property Details for 5 Line Rd

Year built
1997
Construction
STEEL FRAME
Lot size
1.19 AC
Property size (Sq ft)
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.

5 Line Rd, Edgartown, Massachusetts

Location Insight

City
Edgartown
County
Dukes
State
Massachusetts
Latitude
41.3935
Longitude
-70.6034
CBSA code
47240
CBSA name
VINEYARD HAVEN, MA MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$2,459
$516,700
$447,600
$964,300
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