Prime retail and residential building with endless possibilities. This corner lot building located in Nantucket's core historic commercial district, has 9 large picture windows providing maximum exposure. The first floor is comprised of two commercial units totaling 1,735+/- sqft; Currently being used as an art gallery with entrance on India St and a clothing store with entry on Centre Street. The second floor consists of an office space currently used by a event planner and a separate one bedroom apartment totaling 1,725+/- sqft. There is an unfinished basement for storage totaling 1,000 sqft +/- and an unfinished attic totaling 1,725+/- sqft. The entire building was recently equipped with a sprinkler system and central air conditioning. Possibility to create 4 condominiums. See attached chart for possible uses. Please reach out to listing brokers for lease details.
28 Center Street & 8 India Street, Nantucket, (Town), MA, 02554
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan. Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable -rate mortgages [if applicable], are subject to change without prior notice.
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