167R and 171 Orange St

nantucket, MA 02554

$9,450,000

  • 5 BR
    3 BA
    APPROX. 2,771 SF

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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.

Details

2,771 Sq Ft

1.07 Private Acres Exterior Space

Commercial

$24,141 Annual Tax

Built in 1850

MLS/Listing ID 91820

Listing Courtesy of FISHER REAL ESTATE, BRIAN SULLIVAN

LINK

Source of Data: LINK MLS

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