Restaurant Property with Commercial
For Sale
$2,495,000
218 Upper Main Street, Edgartown, MA 02539
Commercial Sale, Edgartown, MA
Property Size1,236 SF
Lot Size0.20 Acres
Price / SF$2,018
Days on Market95
Property Features for 218 Upper Main Street
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
BII
Basement
Partial
Appliances
Water Heater, Tankless Water Heater
Elementary school district
Martha's Vineyard
Middle school district
Martha's Vineyard
High school district
Martha's Vineyard
Directions
Upper Main Street towards Edgartown Village - #218 is on the right. Currently being run as Lucky Hanks Restaurant. This offering is for the real estate and the business.
Subdivision
Edgartown
Standard status
Active
APN
20C-29
Size
1,236 SF
Lot size
0.20 Acres
Taxes and HOA fees
Tax Year
2026
Tax Annual Amount
2741
Utilities
Sewer type
Public Sewer
Heating system
Oil
Cooling system
Central Air
Water source
Public
Building Details
Year built
1920
Floors in Building
2
Flooring type
Hardwood, Tile
Building materials
Shingle Siding
Roof type
Asphalt
Listing Agency:
Wallace & Co. Sotheby's International Realty
(508) 627-3313
Listed By:
Madelyn Silvia · License #9566405
(610) 301-1692
Added: Jun 24
Changed: Sep 12
Last Checked: Sep 26 at 2:06AM
MLS# 22603076
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 1,236-square-foot restaurant property occupies a 0.2-acre lot on Upper Main Street in Edgartown. The first floor is configured for restaurant use and includes a fully equipped commercial kitchen. The upper level contains a bedroom with an ensuite full bathroom currently used as an office, along with a separate room serving as restaurant storage.
The property is located in Edgartown’s BII zoning district and includes a large private parking area. Built in 1920, the building features shingle siding, tile and hardwood flooring, oil heat, central air, an asphalt roof, public water, and public sewer. The property is currently home to Lucky Hank’s restaurant, and the source information also identifies the option to convert it back to residential use.
The property is located in Edgartown’s BII zoning district and includes a large private parking area. Built in 1920, the building features shingle siding, tile and hardwood flooring, oil heat, central air, an asphalt roof, public water, and public sewer. The property is currently home to Lucky Hank’s restaurant, and the source information also identifies the option to convert it back to residential use.
Key Highlights
- 1,236 square feet on a 0.2‑acre lot
- Fully equipped commercial kitchen on the first floor
- One bedroom with ensuite full bathroom currently used as an office
Property Analytics
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Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
378
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
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
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Market
Vacancy Rate% for Retail in Northeast region
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Frequently Asked Questions
What type of property is this?
Conventional restaurant - First-floor restaurant operations include upstairs office, storage, and a large private parking area.
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: 1,236 square feet on a 0.2‑acre lot; Fully equipped commercial kitchen on the first floor; One bedroom with ensuite full bathroom currently used as an office
