148 Katama Rd, Edgartown, MA 02539
- $4,100,000
- 4
- BA
- 4,802
- SqFt
- List Price
- $4,100,000
- Status
- ACTIVE
- MLS#
- 73575543
- Bathrooms
- 4
- Living Area
- 4,802
- Lot Size (Acres)
- 0.44
- Year Built
- 1976
Property 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-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.
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Additional Information
- Area
- Katama
- Taxes
- $7,430
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Listing courtesy of Listing Agent: We Close Deals Team from Listing Office: Lamacchia Realty, Inc..
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