170 Katama Road, KatamaEdgartown, MA 02539MLS Number 42489

Price: $5,500,000
Est. Mortgage of $/month
37 Days on Market

The iconic Katama General Store is a landmark deeply rooted in the community since 1995 and reestablished with a new building in 2017. This store is perfectly situated a half-mile from historic downtown Edgartown and close to South Beach, making it a vital stop for locals and tourists alike. It offers 950 square feet of modern retail space with high ceilings and natural lighting, extensive outdoor areas including a 4,300 square-foot landscaped picnic space, a 1800 square-foot wraparound porch, and robust operational capabilities with a fully equipped commercial kitchen, office space, and ample basement storage. With 25 parking spots and modern utilities, the store maintains its historical charm while serving a diverse selection of foods, local produce, and specialty items. This sale presents a rare opportunity to own a piece of Martha's Vineyard history, promising continued growth and community engagement. Owner holds seasonal wine and beer license that is transferable to new owner upon application to and approval from the Town of Edgartown. Sale includes commercial equipment, fixtures, and furnishings.

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Location Information

NeighborhoodKatama

Parking

Parking Features 25 spaces

Rooms

Bathroom1.5
Half Baths3

Location

Address170 Katama Road
Area2
Building Number170
StateMA
StreetKatama Road
TownEdgartown
Zip02539

Interior

Floors2
Furnished Partially
Interior Features
- A
- AC
- Floor 1: 2159
- Floor 2: 868
- Ins
- Irr
- MiniSplit

Amenities

Appliances IncludedStove: See Appliance Docs, Washer: See Appliance Docs
Pool Features []

Basic Information

BasementYNYes
Building Area UnitsSquare Feet
Lot Features 4300 SF picnic area at the rear of the building.
Mls Status Active
Original List Price$5,500,000
Total Assessment$2,421,300

Building

Basement1708 SF with 10" ceilings
FoundationConcrete
Listing OdsPorch, Garden
Rooms5
Utilities Cable
Window Features []
Year Built2017

Utilities

Heating Electric
Sewer Septic Tank
Water Source Town

Legal

ZoningR20

Tax Information

Tax Annual Amount $5,245
Tax Assessed Value $1,536,900
Tax Other Annual Assessment Amount $884,400
Tax Year 2023

Basic Information

List Price$5,500,000
MLS Number42489
Modification Date09/17/2024
Property SubTypeSingle Family Residence
Usm Property Type 1 Family

Property

Acreage0.67
Other Structures Metal Pod, Garden Shed

Exterior

Exterior Features Porch, Garden

Property Information

Lot Size Square Feet 29,185
Square Feet3,027

Other

Date Listed09/06/2024
Listing AgreementE
Other CommentsLeaving Edgartown on Pease's Point Way North go past the Clevelandtown intersection. Entry to store is on the right
View Count2

Based on information submitted to LINKMV as of October 12, 2024 . All data is obtained from various sources and has not been, and will not be, verified by broker or LINKMV. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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170 Katama Road, KatamaEdgartown, MA 02539MLS Number 42489

$/month over payments

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