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bedrooms
bedrooms
0
bathrooms
bathrooms
0
square feet
square feet
1,251
acreage
Acreage
0.14
open houses
Open Houses
-
year built
year built
2000
full baths
Full Baths
0
half baths
Half Baths
0
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.
Location
Subdivision -
County Dukes
Elementary School -
Middle School -
High School -
open houses Open houses
None scheduled.
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MLS number: 32400332
Listing agent: Christopher Mather
Listing broker: Christopher Mather (508) 644-7722
Copyright © 2025 Martha’s Vineyard Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.   [source]
Last update: Wednesday, January 1 2025 at 4:38 a.m. EST
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