10 State Road, Chilmark MA 02535
Martha's Vineyard Sale-Leaseback| 10 State Rd
Marketing description
This Chilmark, Massachusetts, sale-leaseback opportunity presents a compelling investment backed by immediate income and stability.
10 State Road presents the opportunity to acquire a Verizon-leased asset through a compelling sale-leaseback structure, delivering immediate cash flow backed by a nationally recognized tenant. Originally constructed in 1950, the property has long served the community and has been well-maintained over time. Tucked away off the main road, 10 State Road offers privacy and operational ease. The single-story building totals 2,064 square feet, providing an efficient layout well-suited for long-term use. The property is situated on a 0.22 acre lot. Verizon will fully lease back the asset at closing, creating dependable day-one income and reinforcing the investment’s stability. For investors seeking secure returns in the Martha’s Vineyard market, the offering combines credit tenancy, straightforward operations, and enduring ownership appeal.
Chilmark offers investors a distinctive opportunity within one of Martha’s Vineyard’s most recognizable and supply-constrained markets. 10 State Road is positioned along the area’s primary connector, giving the property practical access while still benefiting from the privacy and limited development that define this part of the island. For investors, the setting adds both character and long-term appeal.
As part of the Greater Martha’s Vineyard market, the property also benefits from a rare combination of affluence, limited competition, and seasonal demand. The island’s captive, high-income audience and stringent zoning help preserve a nearly chain-free commercial environment, supporting long-term value for well-located assets. While the year-round population is approximately 17,000 to 18,000, summer visitation drives that figure to well over 100,000, creating a powerful surge in activity and spending. For investors, that dynamic supports a market with both enduring scarcity and meaningful demand.
Property tours are available by appointment only. Please contact the listing broker to schedule.
Investment highlights
- Investors will want to take advantage of the opportunity at 10 State Road, a rare sale-leaseback delivering immediate cash flow.
- Buyers can capitalize on a compelling sale-leaseback opportunity with Verizon, a creditworthy corporate-backed tenant with proven stability.
- Benefit from the area's top-notch demographics with a steadily increasing population and average incomes of $159,595 within 2 miles.
- Chilmark, Massachusetts, is located on the western tip of Martha's Vineyard, with State Road serving as the major connector.
- Situated near several local places of interest, including Orange Peel Bakery, USPS, and the Wampanoag Community Center.
- Absolute auction | Starting bid $1.
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