38 Center Street, Nantucket, MA 02554 (MLS# 21804237)

38 Center Street, Nantucket, MA 02554

$2,500,000
Property Type: Commercial Square Footage: 2,881 Lot Size (sq. ft.): 1,307 Status: Closed
Current Price: $2,500,000 List Date: 1/02/2019 Last Modified: 9/28/2024

Overview

Description

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.

Supplements: 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 disp ...

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

Remarks & Misc

Public Remarks
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.
Directions to Property
From Fisher Real Estate, head up Main Street and take a right on Center Street. It will be on the left.

Special Listing Cond

Broker-Agent/Owner
Yes

More Information

Basement Description

Finished
Yes

Foundation Details

Other
Yes

Beach Description

None
Yes

Beach Ownership

None
Yes

Floors

Carpet
Yes
Hardwood
Yes

Walls

Plaster
Yes
Sheet Rock
Yes

Sewer

Public Sewer
Yes

Exterior Features

Display Window
Yes

Roof Description

Asphalt
Yes

Siding Description

Clapboard
Yes

Heating

Hot Water
Yes

Cooling

None
Yes

Fuel Type

Oil
Yes

Water

Public
Yes

Hot Water

Tankless Water Heater
Yes

Hot Water Source

Propane Gas
Yes

Property Features

Special Listing Cond: Broker-Agent/Owner Beach Description: None Beach Ownership: None Floors: Carpet; Hardwood Walls: Plaster; Sheet Rock Foundation Details: Other Basement Description: Finished Roof Description: Asphalt Siding Description: Clapboard Heating: Hot Water Cooling: None Fuel Type: Oil Water: Public Hot Water: Tankless Water Heater Hot Water Source: Propane Gas Sewer: Public Sewer

Documents

IDX
Listing Office: Fisher Real Estate
Listing Agent: Jen C Shalley Allen
Last Updated: September - 28 - 2024
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