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Mixed-Use Property With Wellness Space
For Sale
Contact for pricing
Pending

98 Old South Road, Nantucket, MA 02554

CTEC-zoned building combines professional rooms, an apartment, storage areas, and on-site parking access.

Property SizeContact for details
Days on Market145

Property Features for 98 Old South Road

General Information

Standard status Pending
Property subtype Multifamily
Zoning CTEC

Additional Details

Road Access Yes

Building Details

Buildings 1
Listing Agency: Fisher Real Estate
Listed By: Brian Sullivan · License #9534232
Source: Crexi
Added: Apr 12 Changed: Aug 30 Last Checked: Aug 31 at 2:52PM

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 Fisher Real Estate

Investment Insights

Based on property information with market context.

This mixed-use property is arranged as four distinct components: a pilates studio, skincare spa, residential apartment, and basement storage area. The studio occupies an open first-floor area with two private rooms, storage, a full bath, and a rear meeting room. The apartment includes an open kitchen, dining and living areas, full baths, and an upper-level bedroom. A separate second-floor area contains five individual rooms around a central hallway, with appointment rooms, waiting space, a full bath, and several storage closets.

The basement provides 2400+ sq ft of unfinished space with storage areas, mechanical systems, laundry, and a proposed bedroom site pending approval. Access is available from Old South Road, with a parking layout serving the property. CTEC zoning is identified as allowing a broad range of uses.

Key Highlights

  • Mixed‑use configuration includes a pilates studio, skincare spa, residential apartment, and basement storage
  • Second‑floor professional area has five individual rooms, waiting space, full bath, and storage closets
  • Basement contains 2400+ sq ft of unfinished space with storage, mechanicals, and laundry

Property Analytics

Current Use

Lisalates Gym & Fitness Center Fast Growing Trees Landscaping

Suggested Use

Top Pick Parking Lot & Garage Pharmacy (Bike/Boat/Book/etc) Store Barber Shop Law Firm Cafe & Coffee Shop

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

Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

399
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

Market

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - CTEC-zoned building combines professional rooms, an apartment, storage areas, and on-site parking access.
Where is this mixed-use property located?
The property is located at 98 Old South Road Nantucket, MA.
What are key features of this property?
This property features: Mixed‑use configuration includes a pilates studio, skincare spa, residential apartment, and basement storage; Second‑floor professional area has five individual rooms, waiting space, full bath, and storage closets; Basement contains 2400+ sq ft of unfinished space with storage, mechanicals, and laundry
(508) 414-1878 Call to check price and availability
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