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John C. Ricotta & Associates

ph: 508-945-5000

148 KATAMA ROAD, EDGARTOWN MA, 02539

$4,100,000

Cape Cod MLS #22604551

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John C. Ricotta & Associates

ph: 508-945-5000

148 KATAMA ROAD, EDGARTOWN MA, 02539

$4,100,000

Cape Cod MLS #22604551

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 — solar, electrical, roof,windows, 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.

Total Rooms: 0 rooms • Bedrooms: 5 Bedrooms • Full Bathrooms: 2 Full Bath • Half Bathrooms: 2 Half Bath

VILLAGE:
Edgartown
BEDROOMS:
5
STYLE:
Multi Family
BATHS:
2 / 2
AGE:
1976
HEATING/COOLING:
Oil, Solar
ACRES:
0.44
SQ.FT.:
3654
GARAGE:
YES
 BASEMENT:

General Information:
Water Access: None Waterview: Yes - N
Waterfront: No Miles to Beach:
Beach Description: Beach Ownership:
Convenient To: Bike Path, Conservation Area, In Town Location, Marina, Shopping Association: Yes - fee includes
Lot Size (SQFT): 19038 Lot Size (Acres): 0.44
Living Area (SQFT): 3654 Lot Description:
Basement Type:    
Exterior Features:
Exterior Features: Underground Sprinkler System, Handicap Access
Style: Multi Family Pool:
Dock: N
Siding: Roof: Pitched, Asphalt
 
logo

John C. Ricotta & Associates

ph: 508-945-5000

148 KATAMA ROAD, EDGARTOWN MA, 02539

$4,100,000

Cape Cod MLS #22604551

Interior Features:
Total Rooms: 0 Bedrooms: 5
Full Bathrooms: 2 Half Bathrooms: 2
Fireplace: 0 Flooring: Vinyl, Wood
Interior Features:
Equipment/Appliances: Microwave, Electric Range, Refrigerator, Washer, Water Heater, Dishwasher
Mechanical Features:
Heating/Cooling: Oil, Solar
Utilities:
Hot Water:    
Tax/Legal Information:
Imprmts Asmt: $2,082,100.00   Title Ref: 1450 / 664  
Annual Betterment:   Total Assessment: $2,996,100.00  
Assessors Parcel: EDGA M:0029 B:0029 L:0002   Special Assessment:  
Annual Taxes: $7,430.33   Tax Year: 2026  
Land Assessment: $4,000.00   To Be Assessed:  
Mass Use: 13 - Multiuse, predominantly residential   Asbestos:  
Flood Zone:   Lead Paint: Unknown  
Undgrd Fuel: