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

148 Katama Road, Edgartown, MA 02539

Two occupied apartments complement vacant office, garage, and storage areas with dedicated parking and a loading dock.

Property Size3,654 SF
Price / SF$3,272
Days on Market4

Property Features for 148 Katama Road

General Information

Standard status Active
Size 3,654 SF
Total Parking Spaces 25
Property subtype Multi Family

Additional Details

Floor 1
Office Units 1

Taxes and HOA fees

Annual Taxes $7,430

Amenities

high efficiency heat pump heat & A/C
owned solar
integrated fire & security systems
loading dock

Building Details

Building Size 3,654 SF
Year Built 1976
Owner Occupied No
Listing Agency: Lamacchia Realty
Listed By: Chelsea Brennan
Source: Donnellyandco
Added: Sep 2 Changed: Sep 4 Last Checked: Sep 4 at 7:48AM

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 Lamacchia Realty

Investment Insights

Based on property information with market context.

This mixed-use property contains two residential apartments above a vacant first-floor commercial area. The apartments include one 2BR and one 3BR unit, each with a walk-up deck, in-unit laundry, and dedicated parking. Both are occupied month-to-month under self-extending leases. The first floor offers roughly 1,253 sq. ft. of office space with heat pump heating and A/C, along with 1,148 sq. ft. of garage and storage area. The property totals 3,654 sq. ft. and was built in 1976.

The building is located at 148 Katama Road in Edgartown, between downtown Edgartown and South Beach. On-site features include 25 designated parking spaces and a loading dock. Owned solar was installed in 2018, and capital improvements completed since 2017 include electrical, roof, solar, integrated fire and security systems, mechanical systems, and irrigation.

The property is zoned R20. A special permit issued by the Edgartown Zoning Board of Appeals in 2016 authorized a small-scale business in the residential neighborhood; Zoning Board approval is required to continue commercial operations.

Key Highlights

  • Two apartments: one 2BR and one 3BR, both occupied month‑to‑month
  • First‑floor commercial area includes roughly 1,253 sq. ft. of office space
  • Additional 1,148 sq. ft. of garage and storage 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

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
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Two occupied apartments complement vacant office, garage, and storage areas with dedicated 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: Two apartments: one 2BR and one 3BR, both occupied month‑to‑month; First‑floor commercial area includes roughly 1,253 sq. ft. of office space; Additional 1,148 sq. ft. of garage and storage space
More about this property
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