The building housing the Island’s last main street hardware store, 30 Circuit avenue in Oak Bluffs, has changed hands after more than 90 years under the ownership of the Phillips family. The buyers are Robert and Donna Pacheco.

When John E. Phillips opened his store in 1928, penny nails were four cents a handful, a pound of putty was about a dime and every face that passed through the door was a familiar one.

The future is uncertain for the last main street hardware store on Martha’s Vineyard. The building that houses Phillips Hardware on Circuit avenue in Oak Bluffs was listed for sale by the owners on March 15, with an asking price of $2.9 million.

With approval from the Martha’s Vineyard Commission, the owners of Phillips Hardware in Oak Bluffs plan to forge ahead with a new three-story building on Circuit avenue. A new firefighting building at the airport also got a green light last week.

An ambitious plan to replace the old hardware building in Oak Bluffs with a three-story structure is nearly ready for a vote by the Martha’s Vineyard Commission.

A planned solar array on land owned by the Oak Bluffs water district remains in the slow lane as developers prepare to return to the Martha’s Vineyard Commission later this month.