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Adam Dow

| The Dow Group | #1 Real Estate Team in New Hampshire

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53 Circuit Ave , Oak Bluffs, MA 02557
$5,500,000
Est. Payment: $12,222.22/mo
0 Bed
6 Bath
0 Sqft
Status: Active | Days on site: 27
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AN6036 - CN242113
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House Description

Exceptional mixed-use property in the heart of Oak Bluffs thriving high-foot-traffic Circuit Avenue business district. Meticulously renovated and designed by architect Chuck Sullivan, this distinctive building combines sophisticated commercial and residential spaces with outstanding craftsmanship and state-of-the-art systems. The street level is 2,320 sf and offers exceptional flexibility for restaurant-bar and/or retail operators (a commercial kitchen and bar remain intact) and includes three handicapped accessible half baths and a covered rear exterior loading area. A very large newly excavated 1,717 sf basement provides rare clean, dry storage and auxiliary operational space. The second-floor with 1,669 sf, features two residential apartments, totaling six bedrooms and three full baths for income potential or owner flexibility. Formerly housing an A&P grocery store (The Great Atlantic & Pacific Tea Company) and 99-occupancy restaurants, the property presently houses an upscale retailer while retaining its restaurant-bar infrastructure for future use.

Highlights

Listed by Stephanie Roache , 508-560-7074 Donnelly + Co. , 508-627-1022.

Property Type

Commercial Sale

Lot/Acreage
0.06

Year Built

1900

County

Dukes

Listing ID

73566891

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:6
  • Full Bathrooms:

Exterior Features

Zoning:Other (See Remarks)
Principal Interest
$12,222
Taxes
$1,019

Home Price

$5,500,000

Loan Details

30 yrs
%

Down Payment

20%
$1,100,000
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Monthly Price:
$12,222.22

Principal

Taxes

Principal Taxes HOA Total
Monthly $12,222.22 $1,019.42 $0.00 $13,241.64
Yearly $146,666.67 $12,233.00 $0.00 $158,899.67
Total $4,400,000.00 $366,990.00 $0.00 $4,766,990.00

Today's Rates

30 Year

0%

20 Year

0%

15 Year

0%

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Market insight data is pulled from the same city as the listing being viewed (Oak Bluffs, MA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.