170 Katama Rd, Edgartown, MA 02539-8719
This exceptional 3,027 square foot retail property, built in 2017, is situated on a sprawling 2,918,520 square foot lot at 170 Katama Road, Edgartown, MA 02539. Ideally located just half a mile from historic downtown Edgartown and near South Beach, this landmark establishment boasts a fully equipped commercial kitchen and over 2,000 square feet of bright, modern retail space on the ground floor, featuring a vaulted ceiling and abundant natural light. The upper level provides ample prep, office, and storage space. Extensive outdoor amenities include a covered 1,800 square foot wraparound porch and a 4,300 square foot landscaped picnic area with 25 dedicated parking spaces. This turnkey operation includes a transferable seasonal wine and beer license (subject to Town of Edgartown approval). The property's combination of historic charm, robust operational capabilities, and prime location makes it a truly unique investment opportunity, priced at $5,500,000. This established business, known as the "Heartbeat of Katama," is a thriving community hub, offering local produce, gourmet foods, and specialty items. The property presents a rare chance to acquire a well-established and profitable business in a highly desirable location.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
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