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322 State Road

$2,695,000

South, Vineyard Haven, MA 02568

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Commercial in South, Vineyard Haven

5.5 bathrooms

·

2888 SqFt

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0.29 acres

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Constructed 1930

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MLS #45067

Two structures. Exceptional visibility. Flexible possibilities. Your next investment awaits! Move in ready opportunity in a limited inventory commercial market ideal for investors or owner operators seeking visibility, versatility, and long term income potential on Martha’s Vineyard. Main Building: Extensively renovated and expanded, the main building offers a clean bright open concept showroom, a flexible commercial space. The second floor features an open loft/office area, two private rooms with additional storage. Improvements include a professionally engineered addition, new mini split heating and cooling, a commercial grade dehumidifier in the large dry basement, and a supplemental oil heating system. Existing plumbing offers the potential to restore a second bathroom. Beautifully landscaped grounds feature flowering gardens, a rock retaining wall, and a slate patio. The large level lot provides significant parking and potential for future expansion, subject to zoning and permitting. Public transportation access may offer additional flexibility for property use that can support multiple businesses. Seller will be utilizing section 1031 exchange.

Property highlights

Unfurnished

Public Beach

Patio

Tennis Court

Cesspool

Cable

Town Water

Property Details

Association Fee:
Association Fee Includes:
Basement:
Improved large dry basement currently used for storage and has a commercial-grade dehumidifier 1282SF.
Fireplace Features:
0
Flooring:
2
Foundation Types:
Poured adding additional 1282SF.
Frontage Type:
None
Heating:
Heat Pump
Interior Features:
A,Ins,Irr,MiniSplitFloor 1: Bright and airy open concept showroom with multiple windows and high ceilings. Has potential for multiple uses depending on your needs. Side entrance door is equipped with accessible ramp other door has a private side yard that can be a lovely outdoor area. This is a clean deliberate design open concept floor plan with 1,762SF.Floor 2: Flexible space for you to use depending on your needs an office/loft area and two additional rooms 784SF.
Link MLS Comments:
Coming from Town on 322 State Road will be on your left. Some photos have been enhanced. Existing business and its operations are excluded from the sale although a separate arrangement may be negotiable.
Lot Features:
Yes
Parking Features:
Yes
Possible Use:
Assessed Building Value:
360100.00
Assessed Land Value:
517900.00

Price History

October 27, 2026
$2,695,000

Tax Information

This property was most recently assessed in 2026. It has been assessed at a value of $878,000. The annual tax responsibility for this property is $6,688.

Contact an Agent
Phone number
(508) 696-7777

Property Location

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