$12,995,000

Est. Mortgage $66,567/mo *

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5 North Water Street, Nantucket, (Town), MA, 02554

5 North Water Street, Nantucket, (Town), MA, 02554
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19 rooms

5 beds

4 Full / 7 Half baths

1850

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.

Status:

Active

Town:

Nantucket

Type:

Single-family residential

Zoning:

CDT

Heating:

Oil\FHW

Basement:

The basement space was engineered with a coffer dam and heated slab. There are three separate bathroom facilities in the basement with two generous dressing rooms. The rehearsal space is a great mulitipurpose room. There is an access to "backstage" and a utility room with mechanicals and elevator control room.

Acreage:

0.1852

Property #:

91229

Community Info

School Info

Walk Score

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Listing courtesy of Lee Real Estate