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

148 Katama Road Edgartown, Edgartown, MA 02539

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

Space Size1,253 SF
Days on Market2

Property Features for 148 Katama Road Edgartown

General Information

Standard status Active
Size 1,253 SF
Net Rentable 1,253 SF
Total Parking Spaces 25
Property subtype Commercial
Zoning R20

Space & Availability

Available Space 1,253 SF
Contiguous Space 1,253 SF
Floor First Floor
Space Use Office

Site & Location

Road Access Yes
Utilities to Site Yes

Amenities

loading dock

Building Details

Year Built 1976
Units 3
Listing Agency: Lamacchia Realty, Inc.
Listed By: Chelsea S Brennan
Source: Capecodtoday
Added: Sep 5 Last Checked: Sep 5 at 3:19PM

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, Inc.

Investment Insights

Based on property information with market context.

This mixed-use property includes two residential apartments above a first-floor commercial area. The apartments comprise a 2BR and a 3BR, each with a walk-up deck, in-unit laundry, and dedicated parking. The first floor provides approximately 1,253 square feet of office space with heat pump heating and air conditioning, along with approximately 1,148 square feet of garage and storage area. The commercial space is vacant, while both apartments are occupied month-to-month under self-extending leases.

The property is located at 148 Katama Road in Edgartown, between downtown Edgartown and South Beach. On-site improvements include 25 designated parking spaces and a loading dock. Since 2017, capital improvements have included owned solar, electrical, roof, integrated fire and security systems, mechanical and irrigation systems, and apartment renovations. The building dates to 1976 and has a history of permitted commercial use. A 2016 special permit allowed a small-scale business in the residential neighborhood; town approval is required for continued commercial use.

Key Highlights

  • Two residential apartments: one 2BR and one 3BR
  • Approximately 1,253 sq.ft. of first‑floor office space
  • Approximately 1,148 sq.ft. of garage and storage area

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

Yes
Paved road access
Yes
Utilities to site
NNN (Triple Net)
Lease Type

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 occupied apartments accompany vacant office, garage, and storage space with dedicated parking and a loading dock.
Where is this mixed-use property located?
The property is located at 148 Katama Road Edgartown Edgartown, MA.
What is the lease rate?
The lease rate is $4,100,000.
What are key features of this property?
This property features: Two residential apartments: one 2BR and one 3BR; Approximately 1,253 sq.ft. of first‑floor office space; Approximately 1,148 sq.ft. of garage and storage area
More about this property
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