Commercial Land Investment
For Sale
$3,595,000
15 Nancy Ann Ln, Nantucket, MA 02554
Commercial land for sale, leased until 2027.
Property SizeContact for details
Lot Size0.56 Acres
Days on Market255
Property Features for 15 Nancy Ann Ln
General Information
Standard status
Active
Lot size
0.56 Acres
Property subtype
Land
Listing Agency:
William Raveis Nantucket
(508) 325-1571
Listed By:
Robert Young
Source:
Elliman
Added: Nov 27, 2025
Changed: Aug 8
Last Checked: Aug 8 at 5:38AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of William Raveis Nantucket
Investment Insights
Based on property information with market context.
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.
Key Highlights
- 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.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
333
Businesses Nearby
Explore this area
Business Placement
Demographics for 02554, MA
13,517
Population
10,985
Households
1.2
Avg Household Size
40
Median Age
59%
College-Educated
96%
High-School Grad
40.0 sq mi
ZIP Area
338
Density / Sq Mi
$125,524
Median Household Income
$65,336
Median Earnings
$2,081
Median Rent
$1,386,100
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
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 $3,595,000.
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.
