38 Center Street, Nantucket, MA 02554 (MLS# 21804237)
38 Center Street, Nantucket, MA 02554
Overview
Description
Supplements: ... (Read more) Call for more details or to schedule an appointment. First Floor 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) Second Floor 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). Third 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. Basement 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.
Listing Details MLS# 21804237
Contract Info
- Original List Price
- 3250000
- Lease Terms
- Year
- List Price/SqFt
- 1058.66
Legal and Taxes
- Street #
- 38
- Street Name
- Center
- Street Suffix
- Street
- County
- Nantucket
- Town
- Nantucket
- Village
- Nantucket
- State
- MA
- Zip Code
- 02554
- Tax ID
- 4231-66
- Estimated Annual Taxes
- 9628
- Tax Year
- 2018
- Building Assessments
- 697200
- Other Assessments
- 915600
- Total Assessment
- 1612800
- Title Reference - Book
- C0016
- Title Reference - Page
- 976
- Lead Base Paint
- Unknown
- Flood Ins Required
- Not Verified
- Mass Use Code
- 32 - Multiple Use Property
General Property Info
- Region
- Nantucket
- Primary Sub-Type
- Retail
- School District
- Nantucket
- Zoning
- RCDT
- # of Buildings
- Yes
- Stories
- 2
- Total Finished Space
- 2881
- Condo
- No
- Year Built
- 1860
- Renovated
- Yes
- Year Renovated
- 1984
- Business w/Real Estate
- Yes
- Lot Size SqFt
- 1307
- Lot Size Source
- Assessor
- Acres
- 0.03
- Waterfront
- No
- Waterview
- Yes
- Residential Units
- Yes
- Commercial Units
- Yes
- Industrial Units
- No
Status Change Info
- Concessions
- No
- Estimated Selling Date
- 2019-01-31
- Under Contract Date
- 2019-01-15
- Sold Date
- 2019-02-04
- Sold Price/SqFt
- 867.75
- SP/AV
- 1.55
More Information
Property Features
Documents


Plot Plan ›