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Lucky Hanks Restaurant 218 Upper Main St 1,236 SF Flex Building Edgartown, MA 02539 $2,495,000 ($2,018.61/SF)
Investment Highlights
- High Visibility Location
- Great opportunity for a restaurant, retail or office space with 1 bedroom and 1 full bathroom on the second floor for employee or owner housing.
- Can operate as commercial or residential
Executive Summary
Located on Upper Main Street in Edgartown’s BII zoning district, this versatile property is currently home to Lucky Hank’s restaurant. Set on a desirable lot with a large private parking area, and in a coveted high-visibility location. The building offers a turnkey restaurant space and thriving business complete with a fully equipped commercial kitchen on the first floor. Upstairs, you’ll find one bedroom with an ensuite full bathroom, currently being used as the office. There is also an additional room being used for restaurant storage. With the flexibility to convert the property back to residential use, if desired, this is a rare opportunity in a prime location that should not be overlooked! This offering is for the real estate and the business -- Please contact listing agent for more details!
Taxes & Operating Expenses (Actual - 2026) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
Taxes & Operating Expenses (Actual - 2026) Click Here to Access
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Fairly walkable
40/100
Exceptionally drivable
100/100
Some public transit
50/100
Very bikeable
80/100
Property Taxes
| Parcel Number | EDGA-000020C-000029 | Total Assessment | $1,083,500 (2025) |
| Land Assessment | $589,400 (2025) | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $494,100 (2025) | Tax Year | 2026 Payable 2026 |
Property Taxes
Parcel Number
EDGA-000020C-000029
Land Assessment
$589,400 (2025)
Improvements Assessment
$494,100 (2025)
Total Assessment
$1,083,500 (2025)
Annual Taxes
($1) ($0.00/SF)
Tax Year
2026 Payable 2026
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Lucky Hanks Restaurant | 218 Upper Main St
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