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15 Nancy Ann Ln Nantucket, MA 02554

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For Sale
$3,250,000

Commercial land for sale, leased until 2027.

Lot size:
0.56 Acres

Property Features for 15 Nancy Ann Ln

General Information

Lot size
0.56 Acres

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Listing Contact
Robert Young
Source: Elliman

Listing Agent: Robert Young

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Overview

Commercial Land Investment Opportunity

This commercial land lot, currently leased until September 30, 2027, includes two potential one-year extensions. The lease provides strong cash flow, making it suitable for investors interested in continuing its use as raw land or for future development. The lot dimensions are 118 feet by 210 feet. The property is flat, open, and subdividable. CTEC zoning allows for 40% ground cover. There are no structures on the property. The current tenant uses the land for storing construction equipment and materials. Town water, cable, and electric utilities are available at the street. Sewer access is located at 9-11 Nancy Ann Lane.
Location Intelligence

Current Use by Public Records

Commercial land

Suggested Use

Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Nantucket
County
Nantucket
State
Massachusetts
Longitude
-70.0770474
Latitude
41.2592077

FAQs

What type of property is this?
Land - Commercial land for sale, leased until 2027.
Where is this land located?
The property is located at 15 Nancy Ann Ln Nantucket, MA.
What is the asking price?
The asking price for this property is $3,250,000.
What are key features of this property?
This property features: - Excellent cash flow from existing lease until September 30, 2027, with options for two 1-year extensions.; - Subdividable lot, offering flexibility for development or resale.; - CTEC zoning allows for 40% ground cover, providing significant development potential.
More about this property
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