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Turnkey Restaurant with Commercial Kitchen
For Sale
$2,495,000

218 Upper Main Street, Edgartown, MA 02539

Turnkey restaurant setup with a fully equipped commercial kitchen and private parking, plus upstairs office-ready space.

Property Size1,236 SF
Price / SF$2,018
Days on Market43

Property Features for 218 Upper Main Street

General Information

Standard status Active
Size 1,236 SF
Zoning BII

Additional Details

Business Included Yes

Taxes and HOA fees

Annual Taxes $2,741

Building Details

Building Size 1,236 SF
Year Built 1920
Buildings 1
Stories 2
Listing Agency: Wallace & Co. Sotheby's International Realty
Listed By: Madelyn Silvia · License #9566405
Source: Laerrealty
Added: Jun 30 Changed: Aug 8 Last Checked: Aug 11 at 4:48AM

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 Wallace & Co. Sotheby's International Realty

Investment Insights

Based on property information with market context.

This property is currently operated as a conventional restaurant and comes as a turnkey offering. The first floor includes a fully equipped commercial kitchen supporting restaurant operations. Upstairs, there is one bedroom with an ensuite full bathroom, currently used as an office, along with an additional room used for restaurant storage.

The building is located on Upper Main Street in Edgartown and sits in the BII zoning district. It is positioned on a desirable lot with a large private parking area, supporting customer and staff parking needs. The site is also described as high-visibility.

For a restaurateur or hospitality operator seeking a ready-to-run space, the on-site kitchen equipment and existing restaurant layout can reduce setup time. The presence of an upstairs bedroom and full bath, along with an additional storage room, provides functional flexibility for day-to-day operations. The property is also described as convertible back to residential use if desired, which may appeal to buyers looking for optionality beyond restaurant use.

Key Highlights

  • Turnkey restaurant property currently operating as Lucky Hank's on Upper Main Street in Edgartown
  • Fully equipped commercial kitchen on the first floor
  • Large private parking area on‑site

Property Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick Electrical Service Auto Repair Shop Storage Facility HVAC Service Building Supply Big Box & Wholesale 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

Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

35
Businesses Nearby
Well-served
Demand for This Use

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
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Turnkey restaurant setup with a fully equipped commercial kitchen and private parking, plus upstairs office-ready space.
Where is this conventional restaurant located?
The property is located at 218 Upper Main Street Edgartown, MA.
What is the asking price?
The asking price for this property is $2,495,000.
What are key features of this property?
This property features: Turnkey restaurant property currently operating as Lucky Hank's on Upper Main Street in Edgartown; Fully equipped commercial kitchen on the first floor; Large private parking area on‑site
More about this property
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