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. |
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Commercial
Edgartown
148 Katama Road
$4,100,000.00
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FIRST FLOOR DESCRIPTION
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.
SECOND FLOOR DESCRIPTION
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.
OTHER BUILDINGS
Array
SECOND DWELLING
None
PARKING
On-site — 25 designated spaces; room for more
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| LINK ID: |
44904 |
| Bedrooms: |
5 |
| Baths: |
2 |
| Half Baths: |
2 |
| Rooms: |
14 |
| Living Space: |
3654 |
| Acreage: |
0.4400 |
| Water Frontage: |
None |
| Outdoor Spaces: |
Deck, , Porch, |
| Features: |
A,Ins,Irr,MiniSplit |
| Year Built: |
1976 |
| Year Renovated: |
2017 |
| Second Dwelling: |
None |
| Zoning: |
R20 |
| Water: |
Town |
| Sewer: |
Septic Tank |
| Lead Paint: |
Unknown
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| Heat: |
OFHW |
| Yard Type: |
Yes, see deed. Yes, Frontage |
| Flooring: |
2 |
| Stove: |
Yes, in the two apartments |
| Washer: |
Yes, in the two apartments |
| TV: |
Cable |
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