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Renovated Mixed-Use Building
For Lease
$6,500,000

31 N Summer Street, Edgartown, MA 02539

Recently renovated property with two commercial spaces, two apartments, rear parking, and basement storage.

Space SizeContact for details
Days on Market54

Property Features for 31 N Summer Street

General Information

Standard status Active
Property subtype Commercial
Zoning B1

Amenities

new appliances
new tiles
new HVAC
copper lanterns
redesigned first floor deck
parking spaces
storage spaces

Building Details

Year Built 1985
Listing Agency: Wallace & Co. Sotheby's International Realty
Listed By: Cassie Courtney · License #9534325
Source: Capecodtoday
Added: Jul 10 Changed: Aug 31 Last Checked: Aug 31 at 12:44PM

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.

Located at 31 N Summer Street in Edgartown, this mixed-use building is completing a comprehensive renovation. The property contains two commercial spaces and two apartments, with each apartment arranged with its own entrance. Rear parking and basement storage add practical support space for the building’s occupants.

Renovation improvements include new appliances, tile finishes, HVAC, exterior copper lanterns, and a redesigned first-floor deck. The property sits less than a block from Main Street. Some leases are already in place, with lease details available upon request. Built in 1985 and zoned B1, the property combines commercial and residential components within one building.

Key Highlights

  • Two commercial spaces and two apartments in one mixed‑use building
  • Apartments have separate entrances
  • Complete renovation includes appliances, tile, HVAC, and a redesigned first‑floor deck

Property Analytics

Current Use

Mixed-use properties

Suggested Use

Top Pick Locksmith Auto Repair Shop Grocery & Convenience Store (Bike/Boat/Book/etc) Store Carpet & Flooring Store Butcher

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

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

467
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 Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Recently renovated property with two commercial spaces, two apartments, rear parking, and basement storage.
Where is this mixed-use property located?
The property is located at 31 N Summer Street Edgartown, MA.
What is the lease rate?
The lease rate is $6,500,000.
What are key features of this property?
This property features: Two commercial spaces and two apartments in one mixed‑use building; Apartments have separate entrances; Complete renovation includes appliances, tile, HVAC, and a redesigned first‑floor deck
More about this property
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