Downtown Oak Bluffs B1-zoned parcel offering a rare mixed-use development opportunity in one of Martha's Vineyard's most iconic and active locations. Conveniently located near Inkwell Beach, Oak Bluffs Harbor, the Steamship Authority, day-trip ferry services, Circuit Avenue, and Ocean Park.This level lot includes an existing poured concrete foundation and Martha's Vineyard Commission-approved plans by Sullivan & Associates Architects for a classic Vineyard-style, 2.5-story mixed-use building. The design includes ground-floor commercial space and two one-bedroom residential apartments, creating three rentable units in total.With plans in place and foundational work already completed, the property offers a clear path forward as a mixed-use development or, alternatively, the opportunity to construct a traditional two-bedroom residence in downtown Oak Bluffs.
| MLS # | 73482521 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Days On Site | 205 |
| Listing Provided By | Wallace & Co. Sotheby's International Realty | Rose Ryley |
| Zoning | B1 |
|---|---|
| Acreage | 0.07 |
| Water Front | Yes |
| Lot Features | Cleared |
|---|
| Sewer | Public Sewer, On-Site |
|---|---|
| Gas | None |
| Electric | On-Site |
| Tax Annual Amount | 1730 |
|---|---|
| Tax Assessed Value | 346700 |
| Tax Year | 2026 |
| Community Features | Other |
|---|---|
| Senior Community Yes / No | No |
| State | MA |
|---|---|
| County | Dukes |
| City | Oak Bluffs |
| Zip Code | 02557 |
| Area | Dukes |
| Listing VS Median (in 02557) | |
Price: $549,000 low | high Med: $1,752,500 On site: 205 low | high Med: 11 | |
| State | MA |
|---|---|
| County | Dukes |
| City | Oak Bluffs |
| Zip Code | 02557 |
| Area | Dukes |
| Listing VS Median (in 02557) | |
Price: $549,000 low | high Med: $1,752,500 On site: 205 low | high Med: 11 | |