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Mixed-Use Property with Apartments
New
For Sale
$4,100,000

148 Katama Road, Edgartown, MA 02539

Commercial Sale, Edgartown, MA

Property Size3,654 SF
Lot Size0.44 Acres
Price / SF$1,122
Days on Market2

Property Features for 148 Katama Road

General Information

Property type Commercial Sale
Property subtype Other
Zoning description R20
Parking 25
Parking features Driveway, Parking Lot, Off Street, Open, Assigned
Security features Security System
Interior features High Speed Internet
Fencing Fenced
Appliances Water Heater
Lot features Cleared, Easements, Level, Roadway
Elementary school district Martha's Vineyard
Middle school district Martha's Vineyard
High school district Martha's Vineyard
Directions From Edgartown center, take Main St to Katama Rd toward South Beach; property on the right.
Subdivision Edgartown
Standard status Active
APN 29A-29-2
Size 3,654 SF
Lot size 0.44 Acres

Taxes and HOA fees

Tax Year 2026
Tax Annual Amount 7430

Utilities

Utilities Phone Available
Heating system Solar (Heating), Oil
Water source Public

Building Details

Year built 1976
Floors in Building 2
Number of units 2
Flooring type Wood, Vinyl
Building materials Shingle Siding
Roof type Asphalt
Listing Agency: Lamacchia Realty, Inc.
Listed By: Chelsea S Brennan
Added: Sep 3 Last Checked: Sep 4 at 10:06AM
MLS# 22604423

Copyright © 2026 Cape Cod & Islands Association of REALTORS®, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 3,654-square-foot mixed-use building includes two residential apartments above a first-floor commercial area. The apartments contain two and three bedrooms, respectively, with walk-up decks, in-unit laundry, and dedicated parking. The ground level provides approximately 1,253 square feet of office space along with 1,148 square feet of garage and storage area. The office includes heat pump heating and air conditioning, while the property also has owned solar, updated electrical, roof, fire and security systems, mechanical and irrigation systems, and renovated apartments.

The 0.44-acre property is located on Katama Road in Edgartown, between downtown Edgartown and South Beach. On-site improvements include 25 designated parking spaces, a loading dock, fenced areas, asphalt roofing, public water, and wood and vinyl flooring. The apartments are occupied under month-to-month, self-extending leases. A 2016 special permit authorized a small-scale business in the residential neighborhood; continued commercial use requires town approval.

Key Highlights

  • 3,654‑square‑foot mixed‑use building on 0.44 acres
  • Two apartments: one 2BR and one 3BR
  • First floor includes approximately 1,253 square feet of office space

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Locksmith Auto Repair Shop Storage Facility Grocery & Convenience Store (Bike/Boat/Book/etc) Store Carpet & Flooring Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

1
Office units
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

358
Businesses Nearby

Demographics for 02539, MA

5,168
Population
5,157
Households
1
Avg Household Size
48
Median Age
45%
College-Educated
95%
High-School Grad
26.8 sq mi
ZIP Area
193
Density / Sq Mi
$89,710
Median Household Income
$48,237
Median Earnings
$1,717
Median Rent
$1,171,700
Median Home Value

Market

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Two upper-level apartments accompany office, garage, storage, parking, and a loading dock.
Where is this mixed-use property located?
The property is located at 148 Katama Road Edgartown, MA.
What is the asking price?
The asking price for this property is $4,100,000.
What are key features of this property?
This property features: 3,654‑square‑foot mixed‑use building on 0.44 acres; Two apartments: one 2BR and one 3BR; First floor includes approximately 1,253 square feet of office space
More about this property
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