33 Main St Nantucket, MA 02554-3542
This exceptional 1,256 square foot retail space is located on the lower level of a four-story Class A building at 33 Main Street, Nantucket, MA 02554, with dedicated access from Federal Street. The building, situated at the intersection of Main Street, Federal Street, and Independence Way, offers high visibility and foot traffic. The space is part of a multi-tenant building with a total of 4 suites and 4,799 square feet. The building features one hydraulic elevator. The property sits on a 0.03-acre lot and is zoned CDT. This versatile space is ideal for various uses, including high-end retail, medical offices, or creative office spaces. The unit includes a private bathroom and tenant-controlled HVAC. Currently vacant, it offers immediate occupancy. Lease terms are seasonal, running through December 31st, at a rate of $100,000 per season, plus 30% of utilities. A five-year lease is negotiable. The remaining building space is occupied by Hill House Homes until December 31, 2027. This presents a unique opportunity to establish a business in a prime Nantucket location during the peak tourist season, from April's Daffodil Festival through the Christmas Stroll. The property's location in the Downtown Nantucket submarket ensures high visibility and accessibility.
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Nantucket Psychic Spiritual Center
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
CDT · Nantucket, MANantucket. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.