Tri Town Commercial Advisors is pleased to present a single-tenant, net-leased cannabis dispensary in the highly sought-after market of Martha’s Vineyard, located in the bustling State Road commercial district, anchored by Cronig’s grocery store. This flagship location features a thriving dispensary tenant who signed a 10-year lease in 2021, with 2.5% annual rent escalations throughout the primary term and option periods, providing steady income growth.The property boasts a prime location in one of New England’s most iconic coastal destinations, drawing in a diverse customer base of both locals and tourists. It’s also within walking distance from the ferry terminal and is situated outside of the flood plain, further enhancing its desirability.The Town of Tisbury is currently installing a sewer line along this stretch of State Road and is in the process of re-writing its zoning by-laws, creating more options for future redevelopment of this property.
7500 sq ft+ commercial office building in the Waterfront/Commercial District of Vineyard Haven. There are currently 10 rented office spaces with several long-term tenants in place who enjoy the building's excellent condition and waterfront location with stunning views over both the Harbor and Lagoon. Located less than half a mile to the ferry and downtown Vineyard Haven. Financials are available with a signed NDA. Note: Monthly fees for each unit are calculated based on the square footage of that unit. Showings on Sunday only and with minimum 48 hour notice.
The median home value in Vineyard Haven, MA is $762,700. This is lower than the county median home value of $1,337,700. The national median home value is $338,100. The average price of homes sold in Vineyard Haven, MA is $762,700. Approximately 32.22% of Vineyard Haven homes are owned, compared to 21.44% rented, while 46.35% are vacant. Vineyard Haven real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Vineyard Haven real estate agent to arrange a tour today!
Vineyard Haven, Massachusetts 02568 has a population of 2,258. Vineyard Haven 02568 is less family-centric than the surrounding county with 26.79% of the households containing married families with children. The county average for households married with children is 27.66%.
The median household income in Vineyard Haven, Massachusetts 02568 is $60,080. The median household income for the surrounding county is $77,392 compared to the national median of $69,021. The median age of people living in Vineyard Haven 02568 is 58.8 years.
The average high temperature in July is 80.1 degrees, with an average low temperature in January of 22.6 degrees. The average rainfall is approximately 47.4 inches per year, with 24.2 inches of snow per year.