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Two-Level Accessible Retail Space
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23 Federal St, Nantucket, MA 02554

Separate exterior entrances and accessible facilities serve both levels of this renovated corner property.

Property Size2,600 SF
Price / SF$3.75
Days on Market7

Property Features for 23 Federal St

General Information

Standard status Active
Size 2,600 SF
Net Rentable 1,300 SF
Property subtype Commercial
Zoning CDT

Site & Location

Corner Location Yes
Road Access Yes
Public Transit Yes

Additional Details

Office Units 1

Amenities

ADA platform-lift service
accessible restroom
Federal Street signage

Building Details

Year Built 1984
Year Renovated 2016
Buildings 1
Stories 2
Construction cedar-shingle
Listing Agency: CREF RES, LLC
Listed By: Jennifer Robbins
Source: Lockandkeyre
Added: Oct 14 Changed: Oct 19 Last Checked: Oct 19 at 11:09AM

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 CREF RES, LLC

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Investment Insights

Based on property information with market context.

This two-level retail premises occupies a cedar-shingle building renovated in 2016. Each level has a separate exterior entrance, ADA platform-lift service and an accessible restroom. Federal Street signage is included.

The property sits at the corner of Federal and East Chestnut Streets, along a pedestrian route connecting the ferry terminals with the town center. The WAVE island transit service is 0.2 miles away, and street parking is first come, first served. CDT zoning supports a range of uses, including retail, office, financial, entertainment, and food and beverage.

Key Highlights

  • Two commercial levels, each with a separate exterior entrance
  • ADA platform‑lift service and an accessible restroom on each level
  • Renovated in 2016; cedar‑shingle building

Property Analytics

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Current Use

Studio Nantucket Gym & Fitness Center

Suggested Use

Top Pick Dental Office Parking Lot & Garage HVAC Service Auto Parts Store Plumbing Service Hair Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

1
Office units
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

940
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025

Frequently Asked Questions

What type of property is this?
Retail space - Separate exterior entrances and accessible facilities serve both levels of this renovated corner property.
Where is this retail space located?
The property is located at 23 Federal St Nantucket, MA.
What are key features of this property?
This property features: Two commercial levels, each with a separate exterior entrance; ADA platform‑lift service and an accessible restroom on each level; Renovated in 2016; cedar‑shingle building
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