53 Main Street$4,000,000Town

Nantucket Real Estate Listing

Sold Date:
Feb 4, 2021
Asking Price:
$4,750,000
Original Price:
$5,250,000
Bathrooms:
1+ and 2 half
Lot:
0 sq ft
Year Built:
1847
Heating Yype:
Oil\FHW
Listed:
343 ago
Assessed Value:
$3,531,000
Property Code: #86539

53 Main Street, Nantucket, MA

Iconic Main Street commercial property with newly drawn concept plans showing the 2nd and 3rd floors converted from office space to residential. There are 2 residential apartments proposed, see plans attached in 'documents'. There is a one bedroom apartments designed for the front of the building overlooking Main St. There is a large multi level, 2 bedroom apartment designed for the 2nd a nd 3rd floors in the rear. This rear apartment would also have direct and exclusive access to the roof walk with harbor views. If condo-ed these units could be sold off individually. This prestigious commercial building, built after the great fire of 1846 has been well maintained and had a total renovation in 1986. The conversion of the upper floors to residential condos is in response to strong demand for in-town apartments. This property could be occupied by a new owner who wants the income from the multiple units, whether they need the 1st floor commercial space with full finished basement or a deluxe apartment in the center of town. Current leases in place, info upon request from qualified buyers.

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