20 Sparks Avenue$800,000Mid Island

Nantucket Real Estate

Price:
$800,000
Bedrooms:
2 beds
Bathrooms:
1 baths
Lot:
5,009 sq ft
Year Built:
1970
Listed:
352 ago
Property Code: #82331

20 Sparks Avenue, Nantucket, MA

An exceptional piece of land with a two bedroom cottage that was formerly a hair salon back in the day. This unique property is being offered for sale in a highly visible one of a kind residential and commercial location. This truly once in a lifetime offering is located directly across from the new Stop and Shop. The existing cottage is ready to be renovated fro either residential or commercial usage. This 5,007 square foot lot offers the TRIFECTA : TOWN WATER, TOWN SEWER and RESIDENTIAL/Commercial Zoning which equivocates to 50% ground cover. Located in the epicenter of the thriving mid island business district. One can build/utilize 2500 square feet of ground cover.* Or... one can buy the entire property consisting of 3 separate lots,two of which bode existing structures ;A four bedroom main house a two bedroom cottage and a vacant lot for $ 1,995,000. Utilize the CMI zoning and create two duplexes per lot or renovate existing structures for rental income.. The highest and best use is up to you .

A 3 lot subdivision is currently pending approval/ The possibility exists to buy all three parcels. Truly a great investment as there are several options with this unique parcel.

Parking: yes

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