Property Under Contract

46 Surfside RoadSurfside

$1,195,000MLS #: 83344

  • Bedrooms: 5
  • Rooms: 8
  • Bathrooms: 2
  • Lot: 0.2596 Acres
  • Year Built: 1940
  • Heating: OilFHA
  • Water: Town
  • Sewer: Town

Under Contract as of January 30, 2019

Currently a 5BR Duplex on an oversized Commercially (CN) Zoned lot with excellent exposure on Surfside Road-directly across from the Bike Path & Shuttle Stop. Outstanding location between Town & Surfside Beach, abutting Land Bank property to the rear; the duplex is sited on an 11,000+ sf lot and is ideal as a rental property or for the many permitted uses allowed within CN zoning, such as: retail sales, open-air market, catering, convenience store, bakery, pharmacy, office, print shop, bank, art gallery or spa-to name a few. Zoning allows for significant building expansion with an allowable ground cover of 40% or over 4,500 sf of building footprint. Additionally, included in the sale is a special permit & plans for a 34 seat restaurant & attached 2 bedroom apartment utilizing the existing structure on site-this is a huge bonus for an investor/buyer seeking land on Nantucket with diverse income potential. If you have ever thought of owning your own business or real estate on Nantucket Island that has potential to generate income-consider this opportunity that allows you to earn income from the existing structure while developing plans for the future.

Listed by: Maury People Sotheby's International Realty | Added on: June 20, 2017