5 North Water Street
Available
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$12,995,000
Single Family
5 North Water Street
About this Property
Total Rooms
19
Bedrooms
5
Bathrooms
7
Lot Size
8,070 SF
Living Area
9,093 SF
Year Built
1850
Views
None, Twn
Zoning
CDT
Tax Assessment
$5,599,800
Estimated Taxes
$43,468
Listed by Lee Real Estate
Property Description
BID DATE THURSDAY AUGUST 15th. SUBMISSION TO LISTING BROKERS BY 3PM. An amazing canvas for creative visionaries to bring something new to Downtown. With two buildings on an oversized corner lot, there is significant infrastructure in place to accelerate the next project. A unique opportunity to re-develop a prime piece of Nantucket commercial real estate. Approximately 7186 sqft of finished interior space in the existing theater building and 1,907 sqft of finished interior space in the antique house. There are a multitude of complementing mixed use options to consider here. Some allowable uses in CDT: residential, retail, restaurant/bar/tavern, hotel, personal services, spa, offices, gallery, bakery & market. Condominium eligible.