The mixed-use, two-story building that sits at 37 Main Street in Edgartown – adjacent to the Village Green – didn’t start out in that location, nor did it look like that. Originally built as a one-story home in 1790 on the outskirts of town by wealthy ship owner James Coffin, it was moved to its current spot and a second floor was added in the early 1800s when Coffin gifted it to his daughter Desire as a wedding present. 

Heralded as the oldest commercial structure on Main Street, it has been a bank, an antique shop, a law office, a mental health center, and, most recently, a retail space. After selling earlier this year for $2,800,000, the new owners plan to renovate the 2,860-square-foot building and open a general store in 2027.   

The Crunch

23: Number of properties sold in the month prior to publication. Down from 25 during the same time frame in the previous year.

240: Number of properties on the market at the time of publication. Down from 277 in the year prior during the same time frame.

$3.38 M: Highest price paid for a property in the month prior to publication: a four-bedroom, 3,327-square-foot single-family home on Bold Meadow Road in Edgartown. 

$373 K: Lowest price paid for a property in the month prior to publication: a 432-square-foot office condominium in Vineyard Haven.

$1.17 M: Median price of properties sold in the month prior to publication.

116: Number of condominium units recently approved by the Martha’s Vineyard Commission for the new Green Villa complex on Edgartown–Vineyard Haven Road in Oak Bluffs, the largest condominium project in Island history. 

Based on arms-length transactions recorded by LINK, the Island's multiple listing service.