One of the most recognizable buildings on Main Street, this iconic property has been home to the Nobby Shop for 88 years. Now ready for its next steward, this first floor commercial unit offers incomparable visibility enjoying frontage on both Main Street and South Water Street. Featuring beautiful, oversized display windows, retail entrances on both of the most highly traveled streets in Town, and a premier location on the sunny side of Main Street, this is a unique and rare investment opportunity. First Floor
Measuring approximately 2,556 square feet, the first floor features a tremendous amount of commercial space, ideal for one large retail user or potentially two separate spaces given the access and visibility benefits of a corner location. There is a handicap-accessible lift on the South Water Street entrance.
A rarity for many commercial spaces, this property features loads of storage space by way of approximately 2,500 square feet of dry storage in the basement. There are interior stairs and a dumb waiter connecting this area with the first floor.
Listed by Jennifer C Shalley of Fisher Real Estate
CENTER STAGE! This elegant blue building is perched prominently on Center Street in the heart of Nantucket's core retail/commercial district. Comprised of two retail units through 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 offers a residential component for staff or separate rental. Each retail unit enjoys its own entrance and oversized display windows fronting on Center Street. The main commercial space is presently leased to Nathan Coe and Illya Kagan's photography and studio; two additional leases are in place so advanced notice is required for showings. Call for more details or to schedule an appointment.
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 lease income is $80,000 but has been as high as $110,000 per year. (Owner pays heat and taxes)
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).
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 $26,400 in annual income.
The lower level retail space is hardly what you might think of for a lower level as it includes a sizable 3' X 6' picture window and front entry right on Center Street, perfect for inviting passersby. The main show room is approximately 19' X 18' and there is a separate, 21' X 10' office/storage area. Current lease provides annual income of $30,000.
Listed by Jennifer C Shalley of Fisher Real Estate
LARGE COMMERCIAL BUILDING WITH TWO APARTMENTS! Opportunity for business person or investor. Many other permitted uses allowed under zoning including medical and dental office, retail, and food market just to name a few. Excellent location to take advantage of new housing being built along Old South Road. Renovated in 2015, this building is currently a restaurant with two, 2 bedroom apartments on the second floor. (Added in 2015) First floor space of 2,202 sq. ft. plus a full basement.
Listed by Michael F Angelastro of Jordan Real Estate
Rare offering in the Commercial Mid Island business district (CMI); this building offers excellent potential for rental revenue from a first floor retail/office space and two apartments upstairs. Prime retail/office space on the first floor (1190 sf.) with wood/carpet floors, half bath, full shop front windows and 4 separate offices. Interior access to basement. ADA compliant. Additional income potential from two 2 bedroom apartments above the first floor commercial unit. Parking behind the building. Built in income when you purchase this building, as the present owner would like to lease back the apartments after closing-terms to be negotiated.
This commercial condo is located a vibrant location on Nantucket. It is suitable for use for retail or office use. For the past 18 years it has been the site of Annye's Whole Foods. In its current configuration there are about 1,600 square feet of retail space (including a commercial kitchen) on the street level and a close to equal amount of dry space in the basement. The real estate is being sold as a stand-alone entity, but the business and its wine license is also available for interested parties.
Listed by Jim Vaccaro of Cape Cod Business Brokers
Federal 30-year interest rate: 4.59% last updated on 2018-08-09
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The data relating to real estate for sale on this site comes from the Broker Reciprocity (BR) of the Cape Cod & Islands Multiple Listing Service, Inc. Summary or thumbnail real estate listings held by brokerage firms other than Premier Commercial are marked with the BR Logo and detailed information about them includes the name of the listing broker. Neither the listing broker nor Premier Commercial shall be responsible for any typographical errors, misinformation, or misprints and shall be held totally harmless.
This site was last updated August 15, 2018. All properties are subject to prior sale, changes, or withdrawal.
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