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    OFF-MARKET Estimated value $550,000
    Retail space

    170 Katama Rd, Edgartown, MA 02539-8719

    3,027 SF 0.67 ac lot Built 2017
    Individually Owned 13-yr Hold ~ Est. High Equity
    Property ID
    US38-1087226
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Retail space
    Use group RETAIL STORES (PERSONAL SERVICES)
    Year built 2017
    Construction FRAME
    Total area 3,027 SF
    Lot 0.67 ac (29,185 SF)
    APN EDGA M:029A B:0023 L:
    UPID US38-1087226
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    $550k
    Owner & transaction history
    Katama General Store L · 13 yrs held
    Katama General Store L
    since 2012
    3 recorded transactions
    2012
    $600,000
    2004
    1969
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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