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This large lot is situated across from Land Bank property, which includes the Creeks Preserve and the Ottison family property, and offers water views and access to the Monomoy Creeks. It features high visibility and commercial zoning for mixed-use development (CMI). The CMI allows for mixed-use buildings to have one apartment per 2,000 square feet of land (total 46,000 +/-). Alternatively, the CMI allows one apartment per 1,250 square feet for a building with no commercial use. The lot has access to municipal utilities and pedestrian and bike paths. It is conveniently located near Town and other commercial centers, including Stop & Shop, Marine Home Center, the Mid-Island Post Office, and local banks. This prime location offers excellent retail exposure and natural amenities, making it a rare generational opportunity in a competitive marketplace. First Floor Living/dining/kitchen, 1 bath and laundry. Attached 2 car garage with bedroom and shared bath.
Listed by Brian Sullivan of Fisher Real Estate

More Info

Location Information

  • Directions Take Orange Street from Town.

Basic Information

  • Parcel Number 55292

Tax Information

  • Tax Assessed Value $4,555,000
  • Tax Year 2024
  • Taxes$24,141

School Information

  • High School DistrictNantucket

Basic Information

  • List Price$9,450,000
  • MLS Number22405676
  • Modification Date12/12/2024
  • Property SubTypeCommercial

Location

  • Address167r & 171 Orange Street
  • Building Number167R & 171
  • CountyNantucket
  • StateMA
  • StreetOrange Street
  • TownNantucket
  • Zip02554

Building

  • BasementOther
  • Building Area Units Square Feet
  • Construction Materials Shingle Siding, Plaster
  • FoundationOther
  • Year Built1850

Property

  • Acreage1.07

Interior

  • Flooring Wood

Exterior

  • Exterior Features Yard
  • RoofAsphalt, Shingle

Utilities

  • Cooling Central Air
  • Cooling YN Yes
  • Heating YN Yes
  • Sewer Public Sewer
  • Water Source Public

Property Information

  • Living Area Units Square Feet
  • Lot Size Square Feet 46,609
  • Lot Size Units Acres
  • Property Condition Updated/Remodeled
  • Square Feet2,771

Amenities

  • Appliances IncludedTankless Water Heater
  • Other AmenitiesBasement, Water View

Legal

  • ZoningCMI

Other

  • Date Listed11/29/2024
  • View Count3

Map Location

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