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The Edgartown Flagship: Prime Bi-Level Retail 242 Vineyard Haven Rd 9,936 SF Retail Building Edgartown, MA 02539 For Sale
Investment Highlights
- Prime Location: High-visibility frontage on Vineyard Haven Rd, the primary transit corridor for residents and the island’s millions of annual visitors
- Available as a portfolio deal with a nearby 7,928 SF warehouse and vacant 0.5-acre development lot to solve all island storage and distribution needs.
- Unmatched Mkt Barriers: Martha’s Vineyard’s strict zoning & limited land avail. make a retail footprint of this size nearly impossible to replicate.
Executive Summary
• Mission-Critical Infrastructure: Equipped with a commercial-grade utility elevator and high-efficiency layout designed for high-volume (6x turn) inventory turnover.
• Prime B-II Location: High-visibility frontage on Vineyard Haven Road, the primary transit corridor for residents and the island’s millions of annual visitors.
• Turn-Key Asset Quality: Recent capital improvements include a full roof replacement (2024) and updated mechanicals, minimizing near-term CAPEX.
• Unmatched Market Barriers: Martha’s Vineyard’s strict zoning and limited land availability make a retail footprint of this size nearly impossible to replicate.
• Optional Strategic Synergy: Available as a portfolio deal with a nearby 7,928 SF warehouse and vacant 0.5-acre development lot to solve all island storage and distribution needs.
Property Facts
Amenities
- Signage
- Tenant Controlled HVAC
- Wheelchair Accessible
- Air Conditioning
- Smoke Detector
About 242 VINEYARD HAVEN RD , EDGARTOWN, MA 02539
Rare 10,000 SF Retail Powerhouse in Edgartown’s B-II District Positioned on the primary commercial artery of Martha’s Vineyard, 242 Vineyard Haven Road, Building A offers a generational opportunity to own a high-visibility flagship retail location. This ~10,000 SF bi-level facility is currently home to the historic Granite Variety Store, a local landmark since 1985. The property features a highly coveted Special Permit and a unique bylaw amendment that allows for full, ADA-compliant retail use of the finished basement—effectively doubling the high-traffic sales floor. With a 2-year-old roof, a commercial utility elevator, and a proven $4.3M revenue history at this site, this is a turn-key asset for a regional operator or a strategic investor. This property can be purchased individually or as a Strategic Package with a mission-critical 7,928 SF industrial warehouse and an adjacent development lot in the Airport Business Park, providing a complete "last-mile" logistics and retail infrastructure on the island. Flex-Warehouse info at: https://www.crexi.com/properties?searchBrokerId=f5cd54ef-b3a5-4777-8a2f-c6b9b54ba3c8 For sale by owner. Principal inquiries only.
Nearby Major Retailers
Property Taxes
| Parcel Number | EDGA-000021-000010-000012 | Improvements Assessment | $1,040,320 CAD |
| Land Assessment | $0 CAD | Total Assessment | $1,040,320 CAD |
Property Taxes
Presented by
Braga Realty
The Edgartown Flagship: Prime Bi-Level Retail | 242 Vineyard Haven Rd
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