38 Center Street Nantucket, MA 02554

  • Overview
  • Property Details
  • Location
$3,400,000
Asking Price
1 beds
Bedrooms
1.1 beds
Bathrooms
2,620 beds
Square Footage

CENTER STAGE! This elegant blue building is perched prominently on Center Street in the heart of Nantucket's core retail/commercial district. In addition to two retail units with three floors of commercial space, this landmark property also boasts one of downtown’s most unique residences overlooking Town and Nantucket Harbor.  With enormous display windows and excellent pedestrian and vehicular visibility, this property is ideal for retail use and currently generates $165,200 in Annual Income. Each retail unit enjoys its own entrance and enormous retail windows fronting on Center Street.  Offering use flexibility, including condo potential, income generation, and a residential apartment with views and an exterior deck, this property is a MUST SEE! Call for more details or to schedule an appointment.

First Floor

The main floor consists of a large, open retail space with tall ceilings and an enormous 10' X 8' picture window fronting on Center Street, as well as two additional display windows near the spacious front entry.  The main floor includes a 16' X 12' show room, several additional display areas, a reception space for a desk/checkout area or additional display, and a separate 11' X 8' work/storage room.  The first floor enjoys tremendous ambient light and tall ceilings and is open to the second floor above.  Current least provides annual income of $110,000; tenant pays a portion of the annual RE taxes.

Second Floor

A wide, split staircase, leads to the second floor retail space which is also bright and airy, with several retail display areas.  This floor has a half bathroom and a separate storage room with sink and refrigerator. (Same lease as first floor).

Third Floor

The third floor apartment is one of the most unique pied-a-terres in Town as it has a spacious outdoor deck overlooking all of Town and Nantucket Harbor.  The apartment is accessed by a separate set of stairs with front entry on Center Street.  It consists of a one bedroom apartment with an open living room with skylight.  The living room opens to the spacious outdoor deck with room for an outdoor seating/dining area. There is a small kitchen, full bath and bedroom.  The apartment currently generates $25,200 in annual income.

  • Selling Date
  • Listed Date
  • Days on Market NaN
  • % To Listing Price 0
  • Total Rooms 6
  • Total Beds 1
  • Full Baths 1
  • Half Baths 1
  • Lot Size 0.03 acres
  • Year Built 1860
  • Year Renovated 1984
  • Zoning CDT
  • Views D/Hbr, Twn
Listed on by William Raveis Nantucket
38 Center Street - Sales History
  • Selling date: 1/31/2019
    Selling price: $2,500,000
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Location

What we like about South Of Town

Moments to Town, yet centrally located among conservation land and bike paths.

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