5 North Water Street • $9,485,000

Town, Nantucket, MA

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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.

5 North Water Street Location
Property Code: #91560
Sold Date:
Apr 11, 2025
Asking Price:
$12,995,000
Original Price:
$12,995,000
Bedrooms:
5 beds
Bathrooms:
4 and 7 half
Lot:
8,070 sq ft
Year Built:
1850
Heating Type:
OFHW
Listed:
160 ago
Assessed Value:
$8,201,500
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