15 Nancy Ann Lane Nantucket, MA 02554

Listing Agency William Raveis Nantucket r***@raveis.com Show Phone

Listed by Robert Young Show Phone

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Added: Jul 4, 2025 Checked: Jul 17 at 4:34 am

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Investment Insights

Based on property information with market context.

This commercial land is currently leased until September 30, 2027, with the option for two additional one-year extensions. The lease provides a strong cash flow, making it suitable for investors interested in continuing its use as raw land or for those considering future development opportunities. The lot dimensions are 118 x 210, and the land is flat and open, offering the potential for subdivision. CTEC zoning allows for 40% ground cover. There are no structures currently on the property. The current tenant utilizes the space 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.

Key Highlights

• Leased until September 30, 2027, with options for two 1‑year extensions, providing immediate cash flow.
• Zoned CTEC, allowing for 40% ground cover, suitable for various commercial uses.
• Subdividable lot, offering flexibility for development or resale.

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FAQs

What type of property is this?

Commercial land - Commercial land with lease in place until 2027.

Where is this commercial land located?

The property is located at 15 Nancy Ann Lane Nantucket, MA.

What is the asking price?

The asking price for this property is $3,595,000.

What are key features of this property?

This property features: Leased until September 30, 2027, with options for two 1‑year extensions, providing immediate cash flow.; Zoned CTEC, allowing for 40% ground cover, suitable for various commercial uses.; Subdividable lot, offering flexibility for development or resale.