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    33 Main St Nantucket, MA 02554
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    Property profile & analytics

    33 Main St, Nantucket, MA 02554

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    • Retail space
    • 3,150 SF
    • 0.03 lot acres
    Nantucket Prime Retail Corner For Sale
    $9,500,000
    4,799 SF

    Nantucket Prime Retail Corner

    Historic Nantucket mixed-use gem, high NOI.

    33 Main St, Nantucket, MA 02554
    View Listing
    Property ID
    US38-1290626
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Magellan Jets / Freight Service / Logistics Company
    • Hill House Home / Clothing & Fashion Store
    • Flight King Charter Rental / Freight Service / Logistics Company
    • The Diamond Door Nantucket / (Bike/Boat/Book/etc) Store
    • Nantucket Psychic / Spiritual Center

    Property Details for 33 Main St

    Year built
    1847
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.03 lot acres
    Zone code
    CDT
    Property type
    Retail space
    APN
    NANT M:04231 P:00211
    APU
    NANTM04231P00211

    Description

    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.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      ML approach
      $510,000
    • Comparable approach

      Method
      Estimation
      AI Estimate
      $857,000
      Market price range: $244k - $857k

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Nantucket
    County
    Nantucket
    State
    Massachusetts
    Longitude
    -70.0988
    Latitude
    41.2836

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $39,073
    $5,011,900
    $2,360,300
    $7,372,200
    -
    $0.00
    $0.00
    $0.00
    View Listing
    More about this property
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