508-693-9100


Commercial Property For Sale in Edgartown #44904

Rooms/BR Baths SqF Lot size Price
14/5 2/2 3,654 0.44 AC $4,100,000

A rare mixed-use property on Katama Road, set right between downtown Edgartown and South Beach! Two residential apartments above — a 2BR and a 3BR, each with their own walk-up deck, in-unit laundry and dedicated parking. Both are occupied month-to-month under self-extending leases, giving a new owner flexibility. The first floor was home to an HVAC company for nearly a decade and is now vacant and ready for its next owner: roughly 1,253 sq. ft. of office with high efficiency heat pump heat & A/C, plus 1,148 sq. ft. of garage and storage. Ample on-site parking with 25 designated spaces and a loading dock for your business needs. Owned solar installed in 2018 conveys with the property, and the current owners have put significant capital improvements into the building since 2017 — electrical, roof, solar, integrated fire & security systems, mechanical systems, and irrigation system. This property has a long history of permitted commercial use well before these owners. The Edgartown Zoning Board of Appeals granted a special permit in 2016 for the operation of a small-scale business in a residential neighborhood, and that permit predates the current owners' purchase. A buyer will need approval from the Zoning Board to continue commercial operations.

Floor 1: Commercial level, delivered vacant. Approximately 1,253 sq. ft. of finished office space including a large front room, second room, recreation/conference room, entry and foyer, utility and storage rooms, and two half bathrooms. Daikin heat pumps with ceiling cassettes provide heat and A/C throughout the office. Attached garage and storage adds 1,148 sq. ft. with ice machine to stay with building. Loading dock with access at the rear.

Floor 2: Two residential apartments, each with a private exterior entrance and in-unit laundry. Unit A: 2BR/1BA with kitchen, living room and dining area, opening to a private walk-up deck of approximately 9' x 26'. Unit B: 3BR/1BA with kitchen, family room and breakfast nook, opening to a private walk-up deck of approximately 6'7" x 35', plus covered exterior storage. Both units have two dedicated parking spaces and window a/c units to stay with building. Both units on a month to month lease.

Basement:

Other Buildings:

Second Dwelling: None

Lot: Yes, see deed,Yes, Frontage


148 Katama Road, Edgartown MA 02539

Additional public info

  • Listing ID: 44904
  • Year Built: 1976
  • Flooring:
  • Foundation:
  • Water: Town
  • Heating: OFHW
  • Kitchen amenities

    Stove / Oven

    Indoor amenities

    A/C, Heating - Central Washer / Dryer

    Outdoor amenities

    Deck Irrigation