We are pleased to present a rare opportunity to acquire 33 Main Street for investment with strong cash flow or as a occupant, strategically situated at the premier corner of Main & Federal Streets, right in the heart of the affluent Nantucket, Massachusetts, retail corridor. Here are some additional details and benefits of acquiring 33 Main Street:
1. Prime Location: The property is located at the premier corner of Main & Federal Streets in the heart of the affluent Nantucket retail corridor. This strategic location offers high visibility and foot traffic, making it an ideal spot for any retail business or investor looking to capitalize on the high-end clientele in the area.
2. Historic Charm: The building was initially built in 1847 and has been well-maintained over the years, preserving its historic charm and character. The beautiful hardwood floors and modern accents create a unique and inviting atmosphere, making it an attractive space for tenants and visitors alike.
3. Upgrades and Improvements: The property has undergone several upgrades and improvements over the years, including central HVAC units, a sprinkler system, CCTV and fire system, and an elevator. These modern updates add to the building's functionality and convenience, making it an even more attractive investment opportunity.
4. Multiple Units: The property offers a variety of units, including highly visible retail space on the ground floor, a sub-grade retail unit, an office unit on the 2nd floor, and a one-bedroom apartment on the third floor. This variety of options provides flexibility for investors and tenants, allowing them to tailor the space to their specific needs.
5. Investment Opportunity: With its prime location, historic charm, and modern upgrades, 33 Main Street presents a unique investment opportunity for any investor, retailer, or company looking to acquire a premier property in one of the most affluent areas in the country. The property has a lot of potential for rental income and appreciation over time, making it a wise investment for those looking to build their portfolio. Buyer has ability to terminate agreements if desired or keep in place for stable cash flow. Need a 1031 Exchange?