148 Katama Road
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-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. first-floor office 1,253 . garage and storage 1,148 . second floor 2,401 . deck 251. Floor plan dimensions are approximate. Buyer to verify all measurements, square footage, systems and permitted use. Commercial permit needs Edgartown approval.
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | 2-4 Units |
| Price: | $4,100,000 |
| No. of Units: | 3 |
| Year Built: | 1976 |
| Lot Size: | 3,654.00 Sq ft |
| Opportunity Zone: | No |
| Price per unit: | $1,366,667 |
| Property Website | Click Here |
| Number of Bedrooms: | 5 |
| Number of Bathrooms: | 3 |
ID: 3yd-CCIAORMA-22604551
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