5 & 7 West Creek Road
Sold
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$2,775,000
Commercial
5 & 7 West Creek Road
Sale Date:
April 06, 2021
Sale Price:
$2,388,000
Last Ask:
$2,775,000
About this Property
Total Rooms
13
Bedrooms
7
Bathrooms
2
Lot Size
11,325 SF
Living Area
3,976 SF
Year Built
1950 (2001)
Views
None
Zoning
CMI
Tax Assessment
$853,400
Estimated Taxes
$9,841
Listed by William Raveis Nantucket
Property Description
Incredible investment opportunity centrally located mid-island in the commercial district and minutes from the rotary and Stop and Shop. This property, consisting of two separate lots, includes two revenue opportunities. A highly trafficked and successful commercial building sits on one lot, while a duplex, perfect for employee housing or rental units sits on the other. The duplex has one 3BR unit and a second 4BR apartment as well as a full-height, 928 square-foot, dry basement. There are 11 combined off-street parking spots, adding to the exceptional investment potential. Commercial zoning allows for businesses ranging from a restaurant, take-out food, retail or office space. The possibilities are endless in a prime commerce location!
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More About The Neighborhood
Mid Island