148 Katama Road, Edgartown, MA 02539
sale
$4,100,000
|
Other
Courtesy Of Lamacchia Realty, Inc.
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.
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Property Features
- Age: 41-50 Years Old
- Amenities: Security System
- Appliance: Water Heater
- Building Units: 2
- Exterior Type: Shingle Siding
- Floor Covering: Vinyl
- Floor Covering: Wood
- Floors: 2
- Heating System: Oil
- Heating System: Solar (Heating)
- MLSID: 22604423
- Parking Spaces: 25
- Roof Type: Asphalt
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