218 Upper Main St, Edgartown, MA, 02539
About This Home
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 inquire with listing agent for additional details and information.
Getting Around
Somewhat Walkable
Very Limited Transit
Biker's ParadiseSchools
Construction
Condition
- Year built: 1920
Materials
- Foundation: Concrete Perimeter
Type & Style
- Home type: SingleFamily
- Architectural style: Cottage
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Electric Water Heater
Basement
- Has basement: Yes
- Basement: Partial,Bulkhead,Unfinished
Bedrooms & Bathrooms
- Bedrooms: 1
- Bathrooms: 2
- Full bathrooms: 1
- 1/2 bathrooms: 1
Features
- Finished area above ground: 1,236
Heating & Cooling
- Heating features: Baseboard,Oil
- Cooling features: Central Air
Interior Area
- Total structure area: 1,236
- Total interior livable area: 1,236 sqft
Property
Accessibility
- Accessibility features: Accessible Entrance
Details
- Parcel number: 3773533
- Attached to another structure: Yes
- Zoning: B2
Features
- Patio & porch: Porch,Screened,Patio
- Exterior features: Porch,Porch - Screened,Patio
- Waterfront features: Ocean,1/10 to 3/10 To Beach,Beach Ownership(Public)
Lot
- Lot size: 8,712 sqft
- Features: Cleared,Level
Parking
- Total spaces: 10
- Uncovered spaces: 10
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Coastal Flooding
- Hurricane
- Inland Flooding
- Lightning
- Strong Wind
- Tsunami
How This Home’s Risks Compare
FEMA Declared Disasters Across Massachusetts Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $12,616 | $151,392 |
| Home Insurance * | $1,120 | $13,440 |
| Property Taxes | $532 | $6,384 |
| Electricity | $354 | $4,259 |
| Total | $14,622 | $175,464 |
Income You'd Need if You Spent...
Massachusetts FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-03-22 | Listed for sale | $2,495,000 |
| 2012-05-31 | Sold | $525,000 |
| 2011-11-02 | Listed for sale | $625,000 |
For Sale by Agent
View on Zillow