20 Straight Wharf, Nantucket, MA 02554 (MLS# 21110570)

20 Straight Wharf, Nantucket, MA 02554

$3,420,000
Property Type: Commercial Square Footage: 7,158 Status: Closed
Current Price: $3,420,000 List Date: 1/04/2012 Last Modified: 9/28/2024

Overview

Description

Rare opportunity to own one of Nantucket's prime locations on Straight Wharf's waterfront. This three-story, 7,000 +/- square foot building offers fabulous harbor views and is perfectly situated to take advantage of the wharf's bustling activity. It is surrounded by well-established businesses, the Hy-Line ferry and marina traffic. An island landmark, the property is currently home to a 175-seat restaurant and a two bedroom apartment with spectacular views of Nantucket Harbor and Monomoy.

Listing Details MLS# 21110570

Contract Info

Original List Price
4250000
List Price/SqFt
551.83

Legal and Taxes

Street #
20
Street Name
Straight Wharf
County
Nantucket
Town
Nantucket
Village
Nantucket
State
MA
Zip Code
02554
Tax ID
423186
Estimated Annual Taxes
21710
Tax Year
2012
Building Assessments
1037000
Total Assessment
3574400
Land Court Cert #
C004358
Underground Fuel Tank
Unknown
Lead Base Paint
Unknown
Flood Ins Required
Not Verified
Mass Use Code
326 - Restaurant
Title Reference - Book
No
Title Reference - Page
No

General Property Info

Region
Nantucket
Primary Sub-Type
Restaurant
Zoning
RC
# of Buildings
Yes
Stories
3
# of Units
Yes
Total Finished Space
7158
Seating Capacity
101 or More
Condo
No
Year Built
1968
Business w/Real Estate
No
Lot Size Source
Field Card
Waterfront
No
Waterview
Yes
Residential Units
Yes
Total # Res Units
Yes
Commercial Units
No
Industrial Units
No

Status Change Info

Concessions
No
Estimated Selling Date
2012-06-01
Under Contract Date
2012-05-18
Sold Date
2012-06-05
Sold Price/SqFt
477.79
SP/AV
0.96

Residential Unit 1

Occupancy
Vacant
Type
Apartment

Remarks & Misc

Public Remarks
Rare opportunity to own one of Nantucket's prime locations on Straight Wharf's waterfront. This three-story, 7,000 +/- square foot building offers fabulous harbor views and is perfectly situated to take advantage of the wharf's bustling activity. It is surrounded by well-established businesses, the Hy-Line ferry and marina traffic. An island landmark, the property is currently home to a 175-seat restaurant and a two bedroom apartment with spectacular views of Nantucket Harbor and Monomoy.
Directions to Property
20 Straight Wharf

More Information

Special Listing Cond

Standard
Yes

Basement Description

No Basement
Yes

Building/Business

Business Operating
Yes
Conforming Use
Yes

Present Use

Restaurant
Yes

Parking Features

Common
Yes
Off Street
Yes
Parking Lot
Yes

Business Includes

Equipment
Yes

Foundation Details

Slab
Yes

Water View Desc

Harbor
Yes

Beach Description

Harbor
Yes

Convenient To

In Town Location
Yes
Marina
Yes
Shopping
Yes

Beach Ownership

None
Yes

Floors

Carpet
Yes
Tile
Yes
Wood
Yes

Walls

Paneled
Yes
Sheet Rock
Yes

Sewer

Public Sewer
Yes

Building Const

Wood Frame
Yes

Exterior Features

Fire Escape
Yes
Sign
Yes

Roof Description

Asphalt
Yes
Composition
Yes

Siding Description

Shingle
Yes

Fuel Type

Propane
Yes

Water

Public
Yes

Hot Water Source

Propane Gas
Yes

Gas

On Site
Yes

Property Features

Special Listing Cond: Standard Present Use: Restaurant Business Includes: Equipment Parking Features: Common; Off Street; Parking Lot Water View Desc: Harbor Beach Description: Harbor Beach Ownership: None Convenient To: In Town Location; Marina; Shopping Floors: Carpet; Tile; Wood Walls: Paneled; Sheet Rock Foundation Details: Slab Basement Description: No Basement Building Const: Wood Frame Roof Description: Asphalt; Composition Siding Description: Shingle Fuel Type: Propane Water: Public Hot Water Source: Propane Gas Sewer: Public Sewer Gas: On Site
Listing Office: Windwalker William Raveis Real Estate
Listing Agent: Jennifer Shalley
IDX
Last Updated: September - 28 - 2024
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