148 Katama Road Edgartown, MA $ 4,100,000
148 Katama Road
$ 4,100,000
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148 Katama Road

Edgartown, MA, 02539
$ 4,100,000
Bedrooms-- Baths-- Sq 3,654

Monthly Estimate*

$ 25,888

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Commercial Property for sale in Edgartown, MA

for $4,100,000. This 3,654 square foot building was built in 1976 on a lot size of 0.44.

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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Commercial Active

Price

$ 4,100,000

Property Type

Commercial

Taxes

$ 7,430

Style

Lot Size

0.44

Year Built

1976

Town/City

Edgartown

County/Region

Dukes

MLS | Web ID

22604423

Features
General
Sewer Private Sewer
Utilities Cable Available High Speed Internet Electricity Available Separate Utilities
Roof Asphalt Pitched
Appliances Dishwasher Microwave Refrigerator Electric Range Washer Dryer - Electric
Zoning R20
Gas Y/N No Gas
Patio/Porch Features Deck - All
Security Features Security Alarm - Some Security System Fire Alarm
Construction Materials Shingle Siding Sheet Rock
Year Built 1976
Tenant Pays Electricity Trash Collection Commericial Suite Was On A Net Lease. Res. Leases Owner Provides Heat And Hot Water *see Memorandum
Stories Count 2
Township Edgartown
Property Subtype Mixed Use
Tax Year 2026
Current Use Mixed Warehouse Professional Service Res. (occupied) & Commercial (vacant)
Accessibility Handicap Access ADA Accessible
County Dukes
Insurance Expense 17361
Property Type Commercial Sale
HOA false
Garage Y/N false
Building Features Year Round Overhead Door Opener Loading Docks
Green Energy Generation Solar
Status Active
Directions From Edgartown center take Main St to Katama Rd toward South Beach; property on the right.
City Edgartown
High School District Martha's Vineyard
Number Of Units Total 3
Lot Size Units Acres
Lot Size Square Feet 19038
Tax Annual Amount 7430.33
Showing Instructions Both apartments are tenant-occupied - must give 24 hours notice. Commercial space is vacant can't show any time. Call/text Chelsea Brennan @ 774-248-1107
Property Condition Updated/Remodeled
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
Occupancy Type Occupied Vacant
Middle/Junior School District Martha's Vineyard
Elementary School District Martha's Vineyard
Tax Assessed Value 2996100
Total Actual Rent 58800
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Interior
Interior Amenities 2 Bedrooms 1 Bath Year Round 2 + Bedrooms
Basement None
Flooring Vinyl Wood
Air Conditioning Y/N true
Heating Y/N true
Window Features Insulated Windows - Some
Fireplace Y/N false
Laundry Features All Units Washer In Unit Dryer - Electric
Below Grade Finished Area Unit Type Square Feet
Kitchen Features Counter(s) Individual Kitchen Sink
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Exterior
Exterior Amenities Rear Entrance Curb Cuts Storage Grade Loading Shelving
Fencing Fenced Partial
Lot Features Bike Path Shopping Marina In Town Location Conservation Area Cleared Level
Total Parking 25
Lot Size Area 0.44
Foundation Details Other Poured
Number of Buildings 1
Building Area Total 3654
Lot Dimensions 223230 x 74.74
Lot Size Acres 0.44
Frontage Length 74.74
Lot Size Source Field Card
Waterfront Y/N false
Door Features Insulated Doors - All
Road Frontage Type Roadway Easement
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* Excluded Features
List By
Chelsea S Brennan

Listing Agent

Lamacchia Realty, Inc.

Broker

cbrennan@lamacchiarealty.com

Email

Affordability Calculator

$26,507
Per Month
98%
2%
0%
Monthly Principal & Interest
$25,888
Monthly Property Taxes
$619
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
2088120 Elementary School
2088116 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
9/3/2026$4,100,000 Listed Price

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148 Katama Road, Edgartown, MA, 02539 is a Commercial Property for sale at $4,100,000 with 3,654 sqft and a lot size of 0.44. 148 Katama Road was built in 1976. The property's zip code is 02539 which is in Edgartown, MA