Oak Bluffs - 38 Kennebec Avenue$1,085,000

ID: 30936 Owner: Lisa and Will, Inc. Off Market

Zip Code:
02557
Property Type:
Commercial
Total Rooms:
7
Total Bedrooms:
1
Total Bathrooms:
1 full, 1 half
Water Frontage:
None
Water Views:
Yes
Zoning:
B1
Lot Size:
2,613 sqft
Total SqFt (ELA):
2,614 sqft
Price/sqft:
$415.07
Year Built:
1870
Water / Sewer:
Town / Town
2020 Assessment:
$733,700
Land Assessment:
$406,900
Build Assessment:
$326,800
Estimated Taxes:
$5,459

Well established and successful restaurant located in downtown Oak Bluffs known as Jimmy Seas Pan Pasta. Sale includes; real estate, 50 seat restaurant business, furnishings and all inventory. Second floor offers an investor many options with additional living space or possible expansion of the restaurant business. There are two large rooms, storage and full bath. The largest room has a new entry door leading to roof deck area overlooking Ocean Park and water views to Nantucket Sound. Many recent improvements including an addition at the rear of the property, new restaurant equipment and updated plumbing and furnace. Great investment opportunity for this turnkey operation. Financials available for qualified buyers.

First Floor

50 seat restaurant, commercial kitchen, bar, prep area and full bath.

Second Floor

New exterior stairway to a water view deck. New entry door from deck leads to the living space. This finished space includes; private room with cedar lined closet, dining area, storage and full tiled bath. Buyers can explore opportunities for use of this space.

Basement

Full basement with plenty of storage and liquor/beer vault. Partial crawlspace under front of restaurant.

Building Information

Furnished:
Furnished
First Floor Beds:
0
Fireplaces:
Floors:
Hardwood and linoleum
Heat:
Gas\FHW
Foundation:
full brick
Yard:
no
Parking Description:
1 motorcycle
Other Buildings:
None
Lead Paint:
Unknown

Appliances

Stove:
Yes Commercial
Refrigerator:
Commercial Walk-in Freezer and Refrigerator
Dishwasher:
Yes Commercial
Washer:
No
Dryer:
No
TV Service Type:
None

Outdoor/Recreation

Deck, Garden, Patio, Porch, Beach Access - Public, Water Views

Features

Mini-Split Heat/AC

Property / Parcel Information

Map:
9
Lot #:
3
Plan:
Parcel:
Sub Area:
Downtown
Deed Ref:
Book 1347 Page 708
Fees:
Fees Include:
Other Views:
Town

Directions / Comments

Driving down the back of Circuit Ave. on Kennebec Avenue, pass the parking lot for the Reliable Market on the left and property is on your right opposite the Post Office building.

©2021 - LINK, Inc.