170 Katama Road

$5,500,000

Katama, Edgartown, MA 02539

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Single Family Residence in Katama, Edgartown

1 bathroom

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3027 SqFt

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0.67 acres

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Constructed 2017

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MLS #42489

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.

Property highlights

Partially

Porch

Garden

Septic Tank

Cable

Town Water

Property Details

Association Fee:
Association Fee Includes:
Basement:
1708 SF with 10" ceilings
Fireplace Features:
Flooring:
2
Foundation Types:
Concrete
Frontage Type:
None
Heating:
Electric
Interior Features:
A,AC,Ins,Irr,MiniSplitFloor 1: 2159Floor 2: 868
Link MLS Comments:
Leaving Edgartown on Pease's Point Way North go past the Clevelandtown intersection. Entry to store is on the right
Lot Features:
4300 SF picnic area at the rear of the building.
Parking Features:
25 spaces
Possible Use:
Assessed Building Value:
1536900.00
Assessed Land Value:
884400.00

Price History

September 06, 2024
$5,500,000

Tax Information

This property was most recently assessed in 2023. It has been assessed at a value of $2,421,300. The annual tax responsibility for this property is $5,245.

Contact an Agent
Phone number
(508) 696-7777

Property Location

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