We are pleased to present a rare opportunity to either Lease or Purchase this prime retail corner. This strategically located property is a finished three-story retail building with residential apartment unit situated in the heart of Nantucket, Massachusetts. The property is approximately 4,799 square feet and boasts 1,256 RSF of retail on the ground floor with 14’ ceilings, accompanied by a fully sellable and finished lower level. Spaces can be leased jointly or individually. On the upper floors, there is additional office/retail space and a duplex apartment which attracts weekly rentals throughout the spring, summer, and fall months. Excellent for employee housing. Additional improvements to the property consist of central HVAC units, sprinkler system, CCTV and fire system and elevator. The property is in true turn-key condition, ideal for any investor or owner/operator. Nantucket is a small northeastern resort island located 30 miles south of Cape Cod, off the coast of mainland Massachusetts. It has received many accolades, with National Geographic naming it the Best Island in the World in 2012. The property itself is located on the corner of Main Street and Federal Street – essentially the most desirable corner on the island’s main retail strip. Neighboring tenants include Vineyard Vines, Ralph Lauren, J.McLaughlin, amongst many other restaurants and local shops. The property is located three blocks from the harbor and wharf and is situated on the primary feeder street to the rest of the island. The retail environment of the island is robust, with its seasonal sales alone rivaling other resort areas such as Palm Springs, Aspen, Naples, and Newport. After the arrival of Ralph Lauren in 2009 the Nantucket Zoning Board created zoning restrictions on retailers on Nantucket. With Nantucket merchants realizing annual sales that rival resort areas such as Palm Beach, Naples, Newport, and Aspen, this restriction has prevented other major brands from securing a spot in this highly visible and economically strong destination. If you are planning to expand your brand to a national or international scope, its important to enter this market prior to obtaining ten (10) locations worldwide. This zoning restriction does not apply to service provides such as financial institutions and service providers. Please visit www.33ACK.com for more information on the property.