Beach Street

Town: Vineyard Haven | Sub Area: Lagoon | Property ID : 23014

Description :
This large 10,000 +-Sq Ft commercial building is located in the Waterfront Commercial District. It consists of  5 retail spaces, 15 offices and 1 restaurant. Excellent location, high visibility. Around the corner from the Steamship Authority. Large outside patio and garden. Brick sidewalk down to the harbor. There are engineering and construction drawings for an additional 2 bedroom, 2 bathroom, 1,900 Sq. Ft.+- 3rd floor penthouse with 2 roof decks that could be built at buyers expense.  Excellent rental history. Tenants pay own utilities.  Latest renovations were done in 2009. Seller's abutting waterfront cottage for sale separately for $1,299,000.

Asking Price:$2,950,000 Original Price:$ Square Feet (ELA):13504 Total Rooms:20 Beds/Baths:0 / 0 Furnished:Un-Furnished Type:Commercial Lot Size(Acres)0.31 LINK ID:23014 Status: Owner:Cronigs Real Estate

Building Information :

Year Built:1850 Year Renovated:127 Total Rooms:20 Total # of Bedrooms:0 First Floor Bedrooms:0 # of Full Bathrooms:0 Half Baths:3 Fireplaces0 Floors:Tile and Wood Heat:Propane Yard:Front Patio and Garden Parking: Foundation: Other Buildings: Outdoor Spaces / Recreation:

Property / Parcel Info :

Map:1 Lot #: Zoning:COMM Plan: Deed Ref: Water:Town Sewer:Town Water FrontageNone Lead Paint: Second Dwelling:Existing

Taxes and Fees :

Assessment Year:0 Land Assessment:0 Building Assessment:0 Total Assessment:0 Estimated Taxe:0

Appliances & Other Amenities :

Stove Refrigerator: Dishwasher: Washer: Dryer: TV Service Type:None Amenities:

Descriptions /Comments :

Comments / Directions: Basement:No Basement 1st Floor:There are two sections to the main commercial building. The section closest to the Vineyard Haven Harbor is one story and has four retail spaces. This part of the building connects to the larger three story part of the building.  There is an office and a store on the first floor along with the large restaurant. 2nd Floor: 3rd Floor:Is Unfinished.  Engineering and construction drawings for an additional 2 bedroom, 2 bathroom, 1,900 Sq. Ft.+- 3rd floor penthouse with 2 roof decks. Other Structures:The following information was provide by the Owner. ====================================================================== Recent Additions and Improvements  2003-2004  Upgrade of existing water service and connection to municipal sewer.  Complete overhaul of brick sidewalk and outdoor dining area. ====================================================================== 2005   New Exterior paint and singles at North and West elevations.  Replaced sill and piers a North and West Elevation.  New air conditioning system for restaurant. ======================================================================  2006  New landscaping and sprinkler system at front courtyard and outdoor dining area.   ===================================================================== First Floor: 1. New Handicapped Bathrooms for Restaurant 2. (New Private Entrance and Elevator to be completed by the Buyer) for Third Floor Penthouse Apartment   3. Redesigned Kitchen layout for Restaurant 4. New Retail Entrance and Display Windows for Jewelry Store   5. New Brick paved Walkway on South side of Building with Outdoor Amenities for Restaurant Patrons 6. Redesigned Outdoor Kitchen Service Area      ===================================================================== Second Floor: 1. Passage Stair and Elevator to Apartment (No Second Floor Access) 2. Existing Second Floor Bathroom Relocated to Second Floor Lobby Area 3. Revised Second Floor Hospitality Service 4. Revised Second Floor Egress Stairway   5. New Second Floor Studio/Office Area Under Private Observation deck that would be the Third Floor Apartment ===================================================================== Third Floor Plans for future Apartment to be constructed by the Buyer: 1. The two bedroom penthouse design includes its own spacious ground floor entry with a lobby that provides for hall furniture.  A wide and gentle stairway would lead up to sun filled landings that in turn would lead to a vaulted living room above.  A residential elevator may be situated along the stairway adjacent to the spacious hall closet. The apartment itself would be 100 feet long under a curved and vaulted wooden ceiling with exposed laminated curved roof trusses.  The East end would contain a spacious living room and dining room overlooking the harbor.  A door would lead out to a terrace facing this incredible view.  The kitchen would be in the center part of the apartment adjacent to the living room.  The West end would be a commodious master bedroom with a study and bath.   A second bedroom, a second bathroom, a pantry with laundry, and a solarium would lead to a oversized second side deck that would complete the apartment.  The apartment would share the sprinkler system that is presently installed on the lower floors.      ===================================================================== Third Floor Design at a Glance"     ======================================================================= Private First Floor Entry  250 Sq. Ft.+-     ======================================================================= Second Floor Office/Studio 200 Sq. Ft.+-   ======================================================================= Third Floor Apartment Total 2,000 Sq. Ft.+-         ======================================================================= Living Room - Dining  600 Sq. Ft.+-      ======================================================================= Kitchen 125 Sq. Ft.+-     ======================================================================= Master Bedroom Suite 467 Sq. Ft.+-     ======================================================================= Bedroom #2   155 Sq. Ft.+-     ======================================================================= Bath #2   55 Sq. Ft.+-     ======================================================================= Solarium 96 Sq. Ft.+-        ======================================================================= Pantry/Laundry 90 Sq. Ft.+-      ======================================================================= Harbor Deck 100 Sq. Ft.+-      ======================================================================= South Side Deck 200 Sq. Ft.+- ======================================================================= Second Dwelling: