170 Katama Road

$5,500,000

Katama, Edgartown, MA 02539

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Single Family Residence in Katama, Edgartown

1 bathroom

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3027 SqFt

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0.67 acres

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Constructed 2017

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MLS #42489

The iconic Katama General Store is a landmark deeply rooted in the community since 1995 and reestablished with a new building in 2017. This store is perfectly situated a half-mile from historic downtown Edgartown and close to South Beach, making it a vital stop for locals and tourists alike. It offers 950 square feet of modern retail space with high ceilings and natural lighting, extensive outdoor areas including a 4,300 square-foot landscaped picnic space, a 1800 square-foot wraparound porch, and robust operational capabilities with a fully equipped commercial kitchen, office space, and ample basement storage. With 25 parking spots and modern utilities, the store maintains its historical charm while serving a diverse selection of foods, local produce, and specialty items. This sale presents a rare opportunity to own a piece of Martha's Vineyard history, promising continued growth and community engagement. Owner holds seasonal wine and beer license that is transferable to new owner upon application to and approval from the Town of Edgartown. Sale includes commercial equipment, fixtures, and furnishings.

Property highlights

Partially

Porch

Garden

Septic Tank

Cable

Town Water

Property Details

Association Fee:
Association Fee Includes:
Basement:
1708 SF with 10" ceilings
Fireplace Features:
Flooring:
2
Foundation Types:
Concrete
Frontage Type:
None
Heating:
Electric
Interior Features:
A,AC,Ins,Irr,MiniSplitFloor 1: 2159Floor 2: 868
Link MLS Comments:
Leaving Edgartown on Pease's Point Way North go past the Clevelandtown intersection. Entry to store is on the right
Lot Features:
4300 SF picnic area at the rear of the building.
Parking Features:
25 spaces
Possible Use:
Assessed Building Value:
1536900.00
Assessed Land Value:
884400.00

Price History

September 06, 2024
$5,500,000

Tax Information

This property was most recently assessed in 2023. It has been assessed at a value of $2,421,300. The annual tax responsibility for this property is $5,245.

Contact an Agent
Phone number
(508) 696-7777

Property Location

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