INVESTMENT PROPERTY
For Sale With Positive Cash Flow
33 Main St

INVESTMENT PROPERTY For Sale With Positive Cash Flow 33 Main StINVESTMENT PROPERTY For Sale With Positive Cash Flow 33 Main StINVESTMENT PROPERTY For Sale With Positive Cash Flow 33 Main St
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  • ABOUT 33 MAIN
  • FOR SALE: PURCHASE MEMO
  • FOR RENT: LOWER RETAIL
  • Property Photo Gallery
  • Ground Floor Retail Space
  • Virtual Walkthrough
  • Restrictive Zoning
  • More
    • ABOUT 33 MAIN
    • FOR SALE: PURCHASE MEMO
    • FOR RENT: LOWER RETAIL
    • Property Photo Gallery
    • Ground Floor Retail Space
    • Virtual Walkthrough
    • Restrictive Zoning

INVESTMENT PROPERTY
For Sale With Positive Cash Flow
33 Main St

INVESTMENT PROPERTY For Sale With Positive Cash Flow 33 Main StINVESTMENT PROPERTY For Sale With Positive Cash Flow 33 Main StINVESTMENT PROPERTY For Sale With Positive Cash Flow 33 Main St

Signed in as:

filler@godaddy.com

  • ABOUT 33 MAIN
  • FOR SALE: PURCHASE MEMO
  • FOR RENT: LOWER RETAIL
  • Property Photo Gallery
  • Ground Floor Retail Space
  • Virtual Walkthrough
  • Restrictive Zoning

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Available For Lease Or For Sale

Available For Lease Or For Sale Available For Lease Or For Sale Available For Lease Or For Sale

Mixed-use landmark with modern systems inside and flexible terms, offered as a trophy asset for investors and users alike.

Available For Lease Or For Sale

Available For Lease Or For Sale Available For Lease Or For Sale Available For Lease Or For Sale

Mixed-use landmark with modern systems inside and flexible terms, offered as a trophy asset for investors and users alike.

33 Main Street, Nantucket

We are pleased to present a rare opportunity to acquire or lease 33 Main Street. Set on the premier corner of Main and Federal Streets in the heart of downtown Nantucket's retail district, the property suits an investor seeking income or an owner-user seeking a landmark address.


1. Prime Corner Location:  Dual frontage on Main and Federal Streets puts 33 Main at the center of Nantucket's most-visited retail corridor, with high visibility, oversized display windows and steady foot traffic from the island's affluent seasonal and year-round residents. Nantucket keeps national chains out of its downtown, which makes prime corner frontage like this exceptionally scarce.


2. Historic Character:  Built in 1847, the building has been carefully maintained and retains its historic charm, from classic hardwood floors to period details, complemented by modern finishes throughout.


3. Modern Systems:  Central HVAC, a sprinkler and fire system, CCTV and an elevator bring the building's function up to the standard of its location, a rare combination for a historic Main Street property.


4. Four Versatile Levels

  • Ground floor: Highly visible corner retail
  • Lower level: Retail with its own street access
  • Second floor: Bight office space with direct elevator  / stairwell access. 
  • Third floor: A one-bedroom apartment overlooking downtown which is great for employee housing.

This mix gives an owner the flexibility to occupy, lease or combine spaces as needed.


5. Investment Flexibility:  License Agreements are staggered: the lower level is available January 1, 2027, and the ground floor, second floor and apartment January 1, 2028. A buyer may keep existing agreements in place for stable cash flow or terminate them to occupy. As income-producing commercial real estate, 33 Main Street may also suit buyers completing a 1031 exchange.


To request the offering details or arrange a private showing, contact Justin Green at jgreen@haysventures.com or 917-921-8775. 

33 Main Street Property & Market Information

Lower Level Retail

AVAILABLE 1/1/2027

 

The Lower-Level Retail space consists of approximately 1,256 sq. ft. with a private bathroom. With dedicated access from Federal Street, elevator access, Street Signage and segregated HVAC, you will be able to market your brand / product in this desired market.  


The versatility of this space knows no bounds, making it ideal for a variety of businesses, including: a high-end Art Gallery, Fashion Related, Marketing Center, Office or Medical Space and a Salon or Customizable Concepts Tailored to Your Vision


Ground Floor Retail

AVAILABLE 1/1/2028


The retail space on the ground floor is about 1,256 square feet and is considered outstanding retail space due to its incredible street presence, high ceilings of 14 feet, and three (3) ways of egress that are located on Main Street, Federal Street, and Independence Way. Through the use of an internal stairway and elevator, space can be merged with Lower-Level Retail to create more room for retail sales.


Hill House Home, an upscale clothes and home goods retailer with multiple locations, currently occupies the space.


Second Floor Space

AVAILABLE 1/1/2028


The Second-floor space consists of approximately 628 sq. ft. of office / storage space with two (2) means of egress. Once (1) direct access point via shared staircase through Independence Way and another via elevator off Federal Street which opens directly into space. The space boast natural light, high ceilings and its own independent HVAC system.  


Hill House Home, an upscale clothes and home goods retailerwith multiple locations, currently occupies the space.


Apartment Unit

AVAILABLE 1/1/2028


Discover our luxurious 1-bedroom apartment located at 33 Main Street in Nantucket, MA! Complete with 1.5 modern bathrooms, a stylish kitchen, a comfortable living room, a spacious master bedroom with queen size bed, and a welcoming entry foyer with a queen murphy bed. With the ability to comfortably sleep four (4) individuals, this apartment is perfect for a romantic getaway, family vacation or employee housing.


Located in the heart of Nantucket, our apartment is steps away from local attractions and amenities. Whether you want to enjoy the charming cafes and shops around Main Street, or take a stroll to the beach to bask in the sun, this location has it all.  


Hill House Home, an upscale clothes and home goods retailer with multiple locations, currently occupies the space and used for employee housing.

The Market

Establishing Your Brand on ACK

Prime Corner Property: 


Situated in the heart of Nantucket's busiest shopping corridor, this prime corner property is strategically located to offer unmatched visibility and foot traffic for your business. Its coveted position on the award-winning resort island, merely 30 miles south of Cape Cod, makes it a highly desirable destination for both tourists and locals seeking quality retail experiences.


Nantucket's acclaim as the Best Island in the World by National Geographic is a testament to its captivating charm and allure. The island's retail environment is a dynamic and lucrative market, with seasonal sales that rival renowned destinations like Palm Springs, Aspen, Naples, and Newport, solidifying its reputation as a premier shopping hub.


The presence of established brands such as Vineyard Vines, Ralph Lauren, J.McLaughlin, and a myriad of local shops and restaurants adds to the rich tapestry of offerings that enhance Nantucket's appeal to a diverse clientele.


Don't miss out on this exceptional opportunity to position your business in a location that promises unparalleled exposure and the potential for significant growth and success.

Establishing Your Brand on ACK

Establishing Your Brand on ACK

Nantucket is not simply another seasonal retail destination. It is a globally recognized market with extraordinary visibility, an affluent customer base and limited availability of premier downtown locations.


Brands considering national or international expansion should evaluate the opportunity early. Once a company grows beyond the applicable threshold and adopts a standardized retail model, opening a conventional Nantucket location may become considerably more difficult.


Do not become the brand that discovers Nantucket only after the opportunity has passed.


All prospective tenants should consult the Town of Nantucket’s Planning and Land Use Services Department and qualified local zoning counsel regarding their specific business concept and proposed use.

Restrictive Zoning

Restrictive Zoning

Restrictive Zoning


Nantucket offers something increasingly rare: access to a highly desirable luxury market with significant barriers to entry for national and international retailers.


In 2006, the Town of Nantucket adopted its Formula Business Exclusion District regulations to preserve the distinctive character of the island’s historic downtown. The regulations generally restrict retail, restaurant and similar businesses with multiple locations from operating within the district when they maintain standardized features such as merchandise, branding, interior design, color schemes or employee uniforms.


As a result, many established national brands cannot simply open a conventional store in downtown Nantucket. Growing brands should therefore consider establishing a Nantucket presence before their expansion and standardized operating model place them within the formula-business definition.


However, having more than 10 locations does not necessarily eliminate every opportunity. A larger brand may be able to develop a genuinely distinct Nantucket concept that complies with the bylaw.


Restrictive Zoning

Restrictive Zoning


Roller Rabbit recently demonstrated one possible approach. After its original Nantucket store was found to violate the formula-business regulations, the company created The Roller Rabbit General Store, a differentiated, multibrand concept with a unique name, modified design and merchandise mix in which no more than 50% of the products are Roller Rabbit merchandise. 


After reviewing the revised concept, Nantucket’s Building Commissioner determined that the store could operate within the Formula Business Exclusion District.


This example illustrates that established brands may still have a path into the Nantucket market when they are prepared to create a location specifically tailored to the island and obtain confirmation that the proposed concept complies with local requirements.


Service-oriented businesses, including certain financial and professional-service providers, may also be treated differently depending upon their proposed use and operating model.

Click For Nantucket's Restrictive Retail Formula

Please Contact Us With Questions

For more information on leasing rates or purchase opportunity, please call or email.

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LEASING, SALES & GENERAL INFO

Justin H. Green - HaysVentures LLC

Office : 212-730-4300 Ext. 300

​Cell: 917-921-8775

​jgreen@haysventures.com

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33 Main Street, Nantucket, Massachusetts 02554, United States

917-921-8775

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Copyright © 2021 33 Main Street, Nantucket MA - All Rights Reserved.The terms set forth in this Presentation are not intended to be complete or final. This material is for information purposes only and does not constitute a financial promotion, investment advice or an inducement or incitement to participate in any product, offering or investment. It does not constitute or form part of any offer to issue or sell, or any solicitation of any offer to subscribe or purchase any investment nor shall it or the fact of its distribution form the basis of, or be relied on in connection with, any contract. No representation warranty or undertaking express or implied is given as to the accuracy or completeness of the information or no representation, warranty or undertaking, express or implied, is given as to the accuracy or completeness of the information or opinions contained in this document by Hays Ventures, LLC its members or employees and no liability is accepted by such persons for the accuracy or completeness of any such information or opinions. 


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Don't Miss Out!

Make sure you seize the opportunity to establish your brand on Nantucket. Numerous fast-growing brands overlooked this chance and now can no longer open a store on the island as they exceeded ten (10) stores without having a presence in Nantucket. Don’t be that brand! 

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