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Multi Family in Katama, Edgartown
5 bedrooms
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3 bathrooms
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3654 SqFt
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0.44 acres
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MLS #44906
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, solar, 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.
Property highlights
Unfurnished
Porch
Deck
Septic Tank
Cable
Town Water
Property Details
- Association Fee:
- Association Fee Includes:
- Basement:
- Fireplace Features:
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- Heating:
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- Assessed Land Value:
- 0
- 2
- None
- OFHW
- A,Ins,Irr,MiniSplitFloor 1: Commercial level, delivered vacant. Approximately 1,253 sq. ft. of finished office space including a large front room, second room, recreation/conference room, entry and foyer, utility and storage rooms, and two half bathrooms. Daikin heat pumps with ceiling cassettes provide heat and A/C throughout the office. Attached garage and storage adds 1,148 sq. ft. with ice machine to stay with building. Loading dock with access at the rear.Floor 2: Two residential apartments, each with a private exterior entrance and in-unit laundry. Unit A: 2BR/1BA with kitchen, living room and dining area, opening to a private walk-up deck of approximately 9' x 26'. Unit B: 3BR/1BA with kitchen, family room and breakfast nook, opening to a private walk-up deck of approximately 6'7" x 35', plus covered exterior storage. Both units have two dedicated parking spaces and window a/c units to stay with building. Both units on a month to month lease.
- Yes, See DeedYes, Frontage
- On-Site: 25 designated space, room for more
- 2082100.00
- 910000.00
Price History
September 02, 2026
$4,100,000
Tax Information
This property was most recently assessed in 2026. It has been assessed at a value of $2,992,100. The annual tax responsibility for this property is $7,430.
Contact an Agent
- Phone number
- (508) 696-7777
Property Location
©2022 LINK, All Rights Reserved. Not responsible for misinformation or typographical errors. Prices are subject to change without notice. Listed by Lamacchia Realty.
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