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170 Katama Road, Edgartown

$5,500,000

The Katama General Store, fondly known as the "Heartbeat of Katama," has been a beloved community landmark on Martha’s Vineyard since 1995. Reestablished with a new building in 2017, this store is ideally located just a half-mile from historic downtown Edgartown and close to South Beach, making it a vital stop for locals and tourists alike. Offering a fully equipped commercial kitchen and modern retail space with over 2,000 square feet on the ground level featuring a vaulted ceiling and abundant natural light. The upper and main levels offer bright, spacious prep, office and storage space. The property also offers extensive outdoor amenities, including a covered 1,800 square-foot wraparound porch and 4,300 square-foot landscaped picnic event area with 25 dedicated parking spaces. This property combines historic charm with robust operational capability. This property is a true community hub, offering local produce, gourmet foods, and specialty items, and serving as a gathering place for the Edgartown area. The opportunity also includes a seasonal wine and beer license that is transferable to the new owner upon approval from the Town of Edgartown, adding further value for expanding the business's offerings. This sale includes all commercial equipment, fixtures, and furnishings, creating a seamless path for the next owner to continue building on the Katama General Store's 22-year legacy. Own a piece of Martha’s Vineyard history with a property poised for continued growth, community engagement, and connection.

HIGHLIGHTS

Link ID 42495
Half Baths 3
Rooms 8
Living Space 3027
Acreage 0.67
Commercial

FEATURES AND AMENITIES

Link ID
42495
Price
$5,500,000
Half Baths
3
Rooms
8
Living Space
3027
Acreage
0.67
Zoning
R20
Water
Town
Sewer
Septic Tank
Heat
Electric
2023 Tax Assessment
$2,420,900
Building Assessment
$1,536,500
Land Assessment
$884,400
Estimated Taxes
$5,245
Outdoor Spaces
Deck
Garden
Porch
Year Built
2017
Fireplaces
None
Listing Broker
eXp Realty

170 Katama Road, Edgartown

Copyright 2024 LINK MV. All rights reserved. Information deemed reliable but is not guaranteed.
Buyer note, 2% Land Bank fee.
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