Town

53 Main Street Nantucket, MA 02554

Contact Agent
$4,750,000
Asking Price
$4,000,000
Selling Price
0 beds
Bedrooms
1 beds
Bathrooms
6,313 beds
Square Footage

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 and 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.

Listing Office: William Raveis Nantucket

Floor Plans

The first floor is currently leased as office space, but could be a be a fabulous retail space. It has 1653 SF of open floor plan office space with an additional large luxury private office in the rear overlooking Independence Lane. This current tenant also leases the 1653 SF basement level as part of their lease. Lease details upon request.

  • Selling Date 2/4/2021
  • Listed Date 12/4/2019
  • Days on Market 428
  • % To Listing Price 84
  • Total Rooms 9
  • Full Baths 1
  • Half Baths 2
  • Lot Size 0.04 acres
  • Year Built 1847
  • Year Renovated 1986
  • Second Dwelling Yes
  • Zoning RCTD

Location

What we like about Town

Often referred to as the heartbeat of the island, Town truly has it all! From historic homes to cobblestone streets and world-class dining and shopping, one can spend days on end wandering through.

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