5 North Water Street • $9,485,000
Town, Nantucket, MA
An amazing canvas for creative visionaries to bring something new to Downtown. With two buildings on an oversized corner lot, there is significant infrastructure in place to accelerate the next project. A unique opportunity to re-develop a prime piece of Nantucket commercial real estate. Approximately 7186 sqft of finished interior space in the existing theater building and 1,907 sqft of finished interior space in the antique house. There are a multitude of complementing mixed use options to consider here. Some allowable uses in CDT: residential, retail, restaurant/bar/tavern, hotel, personal services, spa, offices, gallery, bakery & market. Condominium eligible.
5 North Water Street Location
Sold Date:
Apr 11, 2025
Asking Price:
$12,995,000
Original Price:
$12,995,000
Bedrooms:
5 beds
Bathrooms:
4 and 7 half
Lot:
8,070 sq ft
Year Built:
1850
Heating Type:
OFHW
Listed:
160 ago
Assessed Value:
$8,201,500
Comparable Sales to this Property
$12,995,000
68 Pocomo Road
Pocomo
8 Beds
8+ Baths
DOM: 148
$12,995,000
222 Eel Point Road
Dionis
8 Beds
7+ Baths
DOM: 243
$12,995,000
8 Lavendar Lane
Dionis
5 Beds
3 Baths
DOM: 257
$12,995,000
38 & 40...
Cliff
6 Beds
6+ Baths
DOM: 140
$12,995,000
48 & 49 West...
Miacomet
5 Beds
5.5 Baths
DOM: 11
$12,995,000
12 Eat Fire...
Wauwinet
9 Beds
8 Baths
DOM: 34
$12,995,000
5 North Water Street
Town
5 Beds
4 Baths
DOM: 219
$12,995,000
62 Wanoma Way
Tom Nevers
7 Beds
6 Baths
DOM: 34
$12,995,000
23 Morey Lane
Sconset
7 Beds
7 Baths
DOM: 26
$12,995,000
12 Correia Lane
Surfside
6 Beds
6 Baths
DOM: 81
$12,999,000
9 Fulling Mill Road
Polpis
6 Beds
6+ Baths
DOM: 53
$13,125,000
6 Cannonbury Lane
Sconset
0 Beds
0 Baths
DOM: 0
$13,300,000
63 Baxter Road
Sconset
9 Beds
10 Baths
DOM: 172
$13,325,000
27 & 29 Fair...
Town
35 Beds
40 Baths
DOM: 0
$13,450,000
19 East Tristram...
Dionis
4 Beds
4 Baths
DOM: 396
$13,495,000
1 Weetamo Road
Pocomo
5 Beds
4 Baths
DOM: 7
$13,495,000
2,4,6 Highland...
Cliff
0 Beds
0 Baths
DOM: 24
$13,500,000
8 Sachem Road
Cliff
4 Beds
5.5 Baths
DOM: 92
$13,550,000
41a Cliff Road
Cliff
4 Beds
5 Baths
DOM: 0
$13,750,000
250 Polpis Road
Polpis
6 Beds
6+ Baths
DOM: 781
19 Centre Street Nantucket, MA 02554
(508) 228-3202
