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Located in the heart of Nantucket, this ground-floor retail condominium offering presents an exceptional in-town commercial opportunity with frontage on both Easy Street and Oak Street. Currently configured as two separate retail units, Units 1 and 2 are being offered together and could easily be combined into one cohesive commercial space totaling approximately 650 square feet (net). The dual-street exposure provides excellent visibility and benefits from steady pedestrian traffic, while the property's central location places it just moments from the harbor, downtown shops, and restaurants. Large windows capture unobstructed views of the iconic Easy Street Basin, creating a bright and inviting interior setting that is uncommon among in-town commercial offerings. The flexible layout supports a variety of commercial uses, including retail, gallery, professional office, or service-oriented concepts, with access to a shared restroom and limited expansion potential. Its prominent presence and walkability make this property ideally suited for businesses seeking a highly visible location within Nantucket's established commercial corridor. Offering accessibility and long-term potential, this combined retail opportunity represents a rare chance to own within Nantucket's historic commercial core. The units are currently tenant-occupied through September 15, 2026. Unit 1 and Unit 2 may be purchased separately.
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Our Executive Mortgage Banker:
Our Executive Mortgage Banker:
Our Insurance Division:
$2,450,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 347.223.0992
Sarah.DeFlorio@Raveis.com
NMLS Mortgage Loan Originator ID 1880936
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
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|---|---|---|---|
| Loan Amount | $1,960,000 | $1,960,000 | $1,960,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.500% | 6.125% | 6.000% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.165% | 6.259% | 6.183% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $11,129 | $11,909 | $16,540 |
| Total Monthly Payment | $11,254 | $12,034 | $16,665 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first 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.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.