38 Center Street$3,250,000Town

Nantucket Real Estate

Price:
$3,250,000
Bedrooms:
1 beds
Bathrooms:
1 and 1 half
Lot:
1,172 sq ft
Year Built:
1860
Heating Yype:
Gas\FHW
Listed:
65 ago
Assessed Value:
$1,612,800
Property Code: #84557

38 Center Street, Nantucket, MA

This stately building is a commanding presence in the heart of one of Nantucket's busiest retail streets. Thirty Eight Center Street features almost 2,300 square feet of immaculate commercial space on three floors, plus a 4th floor apartment with roof deck and view of Nantucket Harbor. Large windows flood the building with natural light and afford fabulous merchandising opportunities. Currently used as a gallery, local zoning permits a multitude of uses.

First Floor: Large, inviting display windows allow for excellent visibility to both pedestrians and drive by traffic.  Currently configured as air conditioned retail space, the large, wide stairway leads customers to the second floor. Approximately 892 sq. ft. plus 754 sq. ft. on floor above. Current annual lease $80,000.

Second Floor: Commercial retail space, with multiple closets, storage room and powder room.   (Approximately 754 sq. ft.)  Used as one space combined with Floor 1.

Third Floor: Unique, one bedroom apartment with great exterior private deck and some views of Harbor.   Approximately 687 sq. ft.  Currently leased for $26,400 per year.

Basement: Commercial retail space with separate entrance to Center Street. Large windows offer excellent visibility to both pedestrians and drive-by traffic.   Approximately 548 sq. ft. of space. Leased for $30,000 per year.

Parking: No

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