148 Katama Road, Edgartown
- Status: Active
- Town: Edgartown
- Property Address: 148 Katama Road
- Price: $4,100,000
- LINK ID: 44904
- Bedrooms: 5
- Baths: 2
- Half Baths: 2
- Rooms: 14
- Living Space: 3654
- Acres: 0.44
- Water Frontage: None
- Heat: OilFHW
- Year Built: 1976
- Year Renovated: 2017
Phone: 617-924-6563
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.