This property is sold
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27 Aquinnah Circle, Aquinnah
Sold on
08/29/2016
for:
$1,290,000

Court Orders Sale. This property is unarguably the most prominent, special and unique of all Aquinnah commercial properties. Literally perched atop the Gay Head Cliffs, this under-utilized restaurant with an outstanding 220 degree water view has significant untapped potential as a business. The location comes under the scrutiny of the town's DCPC (District of critical planning concern) the cliffs district and Coastal Overlay District so any changes, modification or alterations to the existing structures will require a special permit by the town in addition to approvals by conservation commission etc. The recent allowance of beer and wine sales adds to the marketability of the business as well as to the profit potential. Including the outdoor seating there are 120 seats.This sale is for the real estate and structures ONLY. The business is proprietary and may be purchased separately if the parties agree. This property can go forward as a restaurant, but new permits will be required. The Gay Head Cliffs are to many the iconic symbol of the town of Aquinnah and the unique nature of this property, it's location and high visibility require careful consideration as a one of a kind property that can never be duplicated. SEE COMMENTS BELOW REGARDING COURT.

HIGHLIGHTS

Link ID 29762
Half Baths 2
Rooms 4
Living Space 3150
Acreage 2.50
Waterview
Yes
Commercial

FEATURES AND AMENITIES

Link ID
29762
Price
$1,290,000
Half Baths
2
Rooms
4
Living Space
3150
Acreage
2.50
Zoning
COMM
Water
Well
Sewer
Septic Tank
Heat
None
Outdoor Spaces
Water Views
Deck
Patio
Garden
Beach Access - Public
Covenants
Features
Alarm
Year Built
1948
Fireplaces
0
Flooring
1.75
Listing Broker
Feiner Real Estate

27 Aquinnah Circle, Aquinnah

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Buyer note, 2% Land Bank fee.
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