167r And 171 Orange Street Nantucket • Mid Island • $9,450,000

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Nantucket Real Estate

Price:
$9,450,000
Bedrooms:
5 beds
Bathrooms:
3 baths
Lot:
46,609 sq ft
Year Built:
1850
Heating Type:
{{2}}
Listed:
153 ago
Assessed Value:
$4,555,000
Property Code: #91820

167r And 171 Orange Street, Nantucket, MA

This large lot is situated across from Land Bank property, which includes the Creeks Preserve and the Ottison family property, and offers water views and access to the Monomoy Creeks. It features high visibility and commercial zoning for mixed-use development (CMI). The CMI allows for mixed-use buildings to have one apartment per 2,000 square feet of land (total 46,000 +/-). Alternatively, the CMI allows one apartment per 1,250 square feet for a building with no commercial use. The lot has access to municipal utilities and pedestrian and bike paths. It is conveniently located near Town and other commercial centers, including Stop & Shop, Marine Home Center, the Mid-Island Post Office, and local banks. This prime location offers excellent retail exposure and natural amenities, making it a rare generational opportunity in a competitive marketplace.

First Floor: Living/dining/kitchen, 1 bath and laundry. Attached 2 car garage with bedroom and shared bath.

Basement: None

Parking: Yes

Listed by Fisher Real Estate

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