30 Sparks Ave
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30 Sparks Ave
4,000 SF 100% Leased Retail Building Nantucket, MA 02554 For Sale
Investment Highlights
- Minutes from Main Street
- High density traffic counts
- Nantucket: year-round population ± 15,000; seasonal population ± 80,000
- Emerging "new downtown" area on Sparks Ave.
- Desirable location anchored by long-term tenant Cumberland Farms
- Nantucket - one of the nation's highest per capita personal incomes
Executive Summary
Rare opportunity to secure highly visible commercial property on a world class island!
For financial information on this property please fill out and return the NDA attached to this listing to wkelleher@kelleher-sadowsky.com
Unlock the potential of this exceptional offering nestled in Nantucket. With its prime location, this property offers an incredible strategic investment opportunity . Boasting ample space for versatile retail layouts and an inviting atmosphere, the building presents a compelling canvas for tailored retail experiences. Its proximity to key amenities and the thriving Nantucket community makes it an attractive proposition for those looking to establish a retail presence in this vibrant area. The accessibility and potential of this property make it a standout choice for investors seeking a prime location with endless possibilities.
• The property currently offers in-place $350,000/yr net operating income.
• Three tenants are under Tenancy at Will.
• Tenancy at Will are below market lease rates.
For financial information on this property please fill out and return the NDA attached to this listing to wkelleher@kelleher-sadowsky.com
Unlock the potential of this exceptional offering nestled in Nantucket. With its prime location, this property offers an incredible strategic investment opportunity . Boasting ample space for versatile retail layouts and an inviting atmosphere, the building presents a compelling canvas for tailored retail experiences. Its proximity to key amenities and the thriving Nantucket community makes it an attractive proposition for those looking to establish a retail presence in this vibrant area. The accessibility and potential of this property make it a standout choice for investors seeking a prime location with endless possibilities.
• The property currently offers in-place $350,000/yr net operating income.
• Three tenants are under Tenancy at Will.
• Tenancy at Will are below market lease rates.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
4,000 SF
Building Class
C
Year Built
2012
Percent Leased
100%
Tenancy
Multiple
Number of Floors
1
Building FAR
0.14
Lot Size
0.65 AC
Zoning
CMI - Commercial
Bike Score ®
Very Bikeable (81)
Nearby Major Retailers
PROPERTY TAXES
| Parcel Number | NANT-000-055-000-000-0002-34-000-006 | Improvements Assessment | £2,396,086 |
| Land Assessment | £2,065,130 | Total Assessment | £4,461,216 |
PROPERTY TAXES
Parcel Number
NANT-000-055-000-000-0002-34-000-006
Land Assessment
£2,065,130
Improvements Assessment
£2,396,086
Total Assessment
£4,461,216
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30 Sparks Ave
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