$4,100,000
New148 Katama Rd
Edgartown, MA, 02539
Commercial · MLS #73575543
Days on market
3 days
Lot size
0.44 ac
0.44 acres
Lot
About this home
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.
Location
148 Katama Rd, Edgartown, MA, 02539
Property details
- Parking
- Assigned, Attached, Assigned, Deeded, 21+ Spaces, Improved Driveway, Stone/Gravel, Paved Driveway
Listed by We Close Deals Team · Lamacchia Realty, Inc.
Schedule a showing
148 Katama Rd
Estimated payment
$27,104 / month
Loan term
- Principal & interest
- $21,296
- Property tax
- $4,100
- Home insurance
- $1,708
Estimate only. Actual payment may vary based on credit, taxes, HOA, and insurance. Tax estimate uses 1.2% of price (MA average).
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