4 North Water Street • $5,650,000

Rare opportunity to Purchase an Oversized Commercially Zoned Property (CDT) in the heart of Downtown Nantucket with established rental income. Just moments to Main Street, the property is currently configured as 3 separate offices and a one bedroom apartment, and has one of the largest backyards available in Town including parking spaces for up to 8 cars. Surrounded by beautifully maintained and updated properties, 4 North Water Street is a historical Nantucket property with unique architecture built in 1846 for whaling captain Obed Joy. The house has been well maintained with continued investment to ensure its continued historic integrity with Obed Joy ’s silver nameplate still on the front door today. The high ceilings and large windows including unique stained glass leaded windows flood the rooms with natural light. With land area of 7,710 sf, it is sufficient in size to allow for a sub-division into two conforming lots plus allow for signifi cant expansion to the existing structure. CDT zoning allows many commercial uses: Separate Condominum Ownership, Guest House or Inn, Duplex, up to 6 or 7 Apartments, Office, Retail, Restaurant, Take Out, Tavern, Theater, Bike Shop, Yacht Club, Health Spa.

4 North Water Street Location