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1860s Nantucket Mixed-User Has a Very 2015 Price Tag


This stately mixed-user dates to 1860 and has just been listed with a very 2015 price tag. The pretty blue building sits on .03 acres "in the heart of one of Nantucket's busiest retail streets" and features nearly 2,300-square-feet of commercial space on three levels, plus a top floor apartment with a roof deck.

The first and second floor retail space, currently used as a clothing boutique and leased for $110,000 per year, and basement, a gallery renting for $30,000 per year, can be altered as "zoning permits a multitude of uses including restaurant or conversion to an inn." Upstairs, the third floor 1BR apartment rents for $25,200 per year. Asking price for the whole shebang is $3,400,000.
· Listing: 38 Center Street, Nantucket [Jordan Real Estate via Great Point Properties]