12 Main Street$5,850,000Town

Nantucket Real Estate

1 beds
2 and 3 half
2,613 sq ft
Year Built:
Heating Yype:
103 ago
Assessed Value:
Property Code: #84141

12 Main Street, Nantucket, MA

Commercial gem in the heart of downtown. An excellent opportunity to own a Historic Main Street Commercial Building with two retail units at street level, two commercial units between the second and third floors and a one bedroom apartment. Owners are in the process of establishing 5 condominiums which will be available to purchase separately. Prices and present lease data are available upon request. Sellers intend to participate in a 1031 exchange.

First Floor: Two retail units. Unit 1 has large windows on Main Street and Washington Street. It offers approximately 720 sq. ft of retail space, which include a small office/storage room and half bath. Unit 2 has windows overlooking the brick courtyard behind the building. It is approximately 750 sq ft. and has access to a bathroom in the hall. Stairs to the second floor.

Second Floor: Two commercial units. Unit 3 at the front of the building is comprised of two rooms approximately 590 sq ft. Unit 4 is a small office with built in's (approximately 180 sq ft). There is a staircase which leads to the third floor, making this unit approximately 810 sq. ft. There is a half bath in the hall at the top of the stairs that units 3 and 4 share. The second floor also has the lower level residential apartment; kitchen, living room with built in's and full bath.

Third Floor: The third floor of the apartment has a bedroom and a full bath.

Parking: No

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