148 Katama Rd, Edgartown, MA

$4,100,000

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4,802

Square feet

0.44

Acres

About 148 Katama Rd

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, windows, 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.

Features of 148 Katama Rd

MLS® # 73575543
Price $4,100,000
Square Footage 4,802
Acres 0.44
Year Built 1976
Type Commercial Sale
Status Active

Community Information

Address 148 Katama Rd
Area Katama
City Edgartown
County Dukes
State MA
Zip Code 02539-8719

Amenities

Utilities Public Water, Private Sewer
Is Waterfront No
Has Pool No

Interior

Fireplace No

Additional Information

Zoning R20

Listing Details

Agent We Close Deals Team
Office Lamacchia Realty, Inc.

Listing Map

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