INQUIRE PRINT

COMMERCIAL BUILDING AND TURNKEY RESTAURANT INVESTMENT OPPORTUNITY. "State of the Art" construction for up to 99 seat occupancy restaurant with 3 spacious apartments in a central location bustling with foot traffic. This vintage landmark underwent a massive renovation from 2012-2014 in which the ground floor was completely removed to enable excavation of a new commercial basement with new electrical, plumbing, and fire/flood/intruder infrastructure. No cost was spared engaging the best architects, lighting and sound designers, interior designers, mixology/bar experts, and commercial furniture/fixture artisans to create this stunning 100% code-compliant restaurant with 2 well full bar, espresso takeout bar, accessible restrooms, and retail space. The second floor was entirely renovated into a 3 bedroom, 2 bedroom, and studio apartment connected to an attractive common area with central AC and heating throughout...ideal for employee/management/owner housing! The new basement, vital to a great restaurant, is spacious, immaculate, bone dry, and pest free with high ceilings, large walk-ins, commercial laundry, secure liquor room, employee lockers, lots of commercial shelving for dry goods etc. and with a portion designed to allow easy conversion into a prep kitchen. This property must be seen to appreciate that it is the BEST commercial restaurant on Island.

Commercial
Oak Bluffs
53 Circuit Avenue
$3,350,000.00

LINK ID: 32917
Bedrooms: 5
Baths: 2
Half Baths: 3
Living Space: 5200
Acreage: 0.0600
Water Frontage: None


Outdoor Spaces: Garden,Beach Access - Public,None,
Features: Alarm,Central A/C,Insulation,
Year Built: 1900
Year Renovated: 2014
Second Dwelling: None
Zoning: B1
Water: Town
Sewer: Town
Lead Paint: Unknown
Foundation : Concrete
Heat: GasFHA
Yard Type: Yes
Flooring: Hardwood, tile, poured non slip
Dishwasher: Yes
Stove: Yes
Fridge: Yes
Washer: Yes
Dryer: Yes
TV: Cable

FIRST FLOOR DESCRIPTION
Restaurant, retail, and bar completely gutted in 2012...see document "Building Information"

SECOND FLOOR DESCRIPTION
Consists of a 3 bedroom apartment, 2 bedroom apartment, and a studio apartment....renovated in 2013-14 with one of the half baths ready to finish into a full bathroom

BASEMENT DESCRIPTION
New commercial basement excavated 2013-14...see document "Building Information"

PARKING
No



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Not responsible for misinformation or typographical errors. Prices are subject to change without notice.
Listing Agent: Ocean Park Realty Inc