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Mid Island - 1 Sparks Avenue
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Asking Price: $2,950,000 Selling Price: $2,700,000
Original Price: $2,950,000 Type: Commercial
Lot Size (Acres): 0.22 Sq. Ft. (GLA): 1152
Total Rooms: 1 LINK ID: 89308
Beds/Baths: 0/0 Status: Sold
Furnished: Un-Furnished Owner: BVS Rotary Investors LLC
The offer to purchase was executed at $3,000,000,subsequent to that there was $300,000 allocated for equipment. The Registry sales price reflects the real estate portion excluding the allocated equipment sale value. A successful commercial building in a high traffic area located at the mid-island rotary in the CMI commercial district. This property includes a 1,156 sq. ft. main building, 121 sq. ft. shed, areas for seating on front deck, brick patio, and large side porch. There are 7 combined off-street parking spots and a small yard adding to the exceptional investment potential. Commercial zoning allows for businesses ranging from a restaurant, take-out food, retail or office space. Multiple possibilities in this prime location!
Property / Parcel Info
Map: 55
Parcel: 180.1
Zoning: CMI
Plan: 40116-C
Deed Ref.: C0026226/0
Lot #: 10
Water: Town
Sewer: Town
Easements:
Water Frontage: None
Water Views: None
Other Views: None
Lead Paint: Unknown
Second Dwelling: None
Taxes and Fees
Assessment Year: 2022
Land Assessment: $1,206,100
Building Assessment: $1,538,500
Total Assessment: $2,744,600
Estimated Taxes: $9,846.00
Building Information
Year Built: 1977
Year Renovated: 0
# of Rooms: 1
Total # of Bedrooms 0
First Floor Bedrooms: 0
# of Full Bathrooms 0
Half Baths 2
Fireplaces:
Floors: Tile
Heat: Gas\FHA
Yard: Yes
Parking: 7 Off Street
Foundation: Block
Other Buildings:
Outdoor Spaces/Recreation: Deck, Patio, Porch
Appliances & Other Amenities
Stove: Yes
Refrigerator: Multiple
Dishwasher: No
Washer: No
Dryer: No
TV Service Type: Cable
Amenities: Central A/C, Insulation, Irrigation
Listing Firm
Listing Firm: Berkshire Hathaway HomeServices Island Properties Nantucket
Descriptions / Comments
Basement: Crawl Space
1st Floor: The large floor plan features kitchen, dining area, bar, take out area and 2 handicapped accessible half baths. Large kitchen with a walk-in refrigerator and freezer, a commercial ventilation system, refrigeration unit, 6 burner stove, grill, 2 fryers, ample counter space, ice machine, and several built in sinks. The take out area features separate entrance, soda fountain with ice machine, and reach in refrigeration and freezer units.
2nd Floor: Finished storage area accessed by pull-down ladder
3rd Floor:
Other Structures: 121 S.F. +/- shed
Second Dwelling:
Map
Listing has been viewed 931 times.
 DocumentDate Added
Other Public (pdf, jpg)4/11/2022
Plot Plan (pdf, jpg)4/8/2022
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Price Changes
Original Asking: 2,950,000
There have been no price changes for this listing.
Discount From Original: -8.48%
Discount From Asking: -8.48%
Listing Updates
4/11/2022-New Listing
4/19/2022-Offer to Purchase
4/29/2022-P & S
5/27/2022-Sold
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