Rare Mixed-Use Property in Edgartown
$4,100,000
148 Katama Road, Edgartown, MA 02539
3,654 sqft
Building Size
2
Units
Details:
Highlights:
- Owned Solar conveys with property
- Roof 2018
- Loading Dock
- 1,253 sq.ft. of office with high efficiency heat pump & A/C, plus 1,148 sq.ft. of garage and storage
- 25 designated spaces
- Integrated fire & security systems
- Two residential apartments
Description:
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-tomonth 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 & A/C, plus 1,148 sq.ft. of garage and storage. Ample on-site parking with 25 designated spaces & a loading dock for your business needs. The current owners have put significant capital improvements into the building since 2017 — owned solar, electrical, roof, integrated fire & security systems, mechanical & irrigation systems, and apt. renovations. 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 town to continue commercial use.
Location
Gallery
