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    Turnkey Medical Office Suite Title is generated by Realmo AI

    1 Mariners Landing Unit A Edgartown, Edgartown, MA 02539

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    For Sale
    $2,199,000

    Turnkey office with reception area, multiple private rooms, high ceilings, natural light, ample parking, and a dedicated loading zone.

    Property size:
    1,992 SF
    Price / SF:
    $1,103/SF
    Added:
    Jun 4, 2026
    Days on Market:
    2
    Last Refresh:
    Jun 5 at 2:44 am

    Property Features for 1 Mariners Landing Unit A Edgartown

    General Information

    Standard status
    Active
    Size
    1,992 SF

    Building Details

    Year Built
    2017

    We can help!

    Listing Contact
    Alyson Roslonek

    Listing agent Alyson Roslonek

    Listing office

    Listing date Jun 4, 2026

    Source Milestonerealtyinc

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of Alyson Roslonek

    HighLights

    • Year built 2017; 2,000+/- SF commercial space in Edgartown
    • Flexible interior with reception area plus multiple private offices or treatment rooms
    • High ceilings and abundant natural light
    • Ample on‑site parking and a dedicated loading zone
    • Full basement for storage or potential expansion

    Overview

    This turnkey commercial suite offers a professional layout suitable for medical office, wellness, or healthcare-adjacent uses. The interior includes a welcoming reception area, high ceilings, and abundant natural light, with a flexible arrangement that supports multiple private offices or treatment rooms. A full basement adds practical storage and possible expansion space, and the space is finished with quality materials throughout.

    The property is located just outside the historic district and is offered for sale or lease. It features convenient on-site parking and a dedicated loading zone, supporting day-to-day operations and easier move-in or service access.

    With its reception-forward entry, treatment-room capable layout, and client-focused feel, the space fits owner-occupied practices and professional services that need dedicated rooms beyond an open-plan office. The combination of ample on-site parking, loading access, and built-in storage makes it well-suited for medical, therapy or counseling, and wellness-related operations that benefit from a calm, organized environment for clients and staff.
    Location Intelligence

    Current Use by Public Records

    Medical Office Space

    Suggested Use

    Auto Repair Shop Dental Office Big Box & Wholesale Store Building Supply Restaurant Pharmacy Bar & Pub HVAC Service Electronics & Wireless Store Grocery & Convenience Store

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    • Vineyard Veterinary Clinic — 276 Edgartown-Vineyard Haven Rd, Edgartown, MA 02539
    • Dunnigan, Bridget DVM — 276 Edgartown-Vineyard Haven Rd, Edgartown, MA 02539, United States

    Location Insight

    • Map
    • Local Demand
    City
    Edgartown
    County
    Dukes
    State
    Massachusetts
    Longitude
    -70.530668
    Latitude
    41.395091

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    FAQs

    What type of property is this?
    Medical Office Space - Turnkey office with reception area, multiple private rooms, high ceilings, natural light, ample parking, and a dedicated loading zone.
    Where is this medical office space located?
    The property is located at 1 Mariners Landing Unit A Edgartown Edgartown, MA.
    What is the asking price?
    The asking price for this property is $2,199,000.
    What are key features of this property?
    This property features: Year built 2017; 2,000+/- SF commercial space in Edgartown; Flexible interior with reception area plus multiple private offices or treatment rooms; High ceilings and abundant natural light
    (508) 501-1443
    We can help!
    Listing Contact
    Alyson Roslonek
    Learn More
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

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