1 Airport Rd 0.79 Acres of Commercial Land Offered at $5,750,000 in Nantucket, MA 02554
INVESTMENT HIGHLIGHTS
- Unparalleled potential with exceptional visibility from two main roadways
- Parcel allows for a wide range of mixed commercial and residential uses, providing a world of possibilities
- Situated in the desirable and versatile CTEC zoning district
- Just west of Nantucket Airport, this commercially zoned land is ideal for mixed residential-commercial and contractor uses
EXECUTIVE SUMMARY
with exceptional visibility from two main roadways. Situated in the desirable and versatile CTEC zoning district, this parcel allows for a wide range of mixed commercial and residential uses, providing a world of possibilities.
Just west of Nantucket Airport, this commercially zoned land is ideal for mixed residential-commercial and contractor uses, all
supported by town water and sewer services. Whether you're interested in developing residential housing or embarking on a
commercial venture, these parcels offer a unique opportunity tailored to meet your business needs.
With the flexibility to accommodate a variety of projects, this land serves as a prime canvas for those looking to make a significant
impact in this highly valuable and visible area of the island.
For the safety and privacy of the current occupants, please do not enter the property without an appointment. All showings must be scheduled in advance and potential buyers and brokers must be accompanied by the listing broker during any visit. We appreciate your cooperation and understanding.
FINANCIAL SUMMARY (ACTUAL - 2025) |
ANNUAL | ANNUAL PER AC |
|---|---|---|
| Taxes |
$4,175
|
$5,284.81
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$4,175
|
$5,284.81
|
PROPERTY FACTS
| Price | $5,750,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Total Lot Size | 0.79 AC |
| Zoning | CTEC - Situated in the CTEC Zoning District, 1 Airport Road offers a plethora of primary use options. See Zoning Use Chart in Documents. |
1 LOT AVAILABLE
Lot 31
| Price | $5,750,000 |
| Price Per AC | $7,278,481.01 |
| Lot Size | 0.79 AC |
"The Gateway to Nantucket" - A Rare Commercial Opportunity offering Exceptional Visibility and Versatility Near Nantucket Airport.
DESCRIPTION
"The Gateway to Nantucket" – Prime Commercial Corner Lot at Airport Road and Old South Road A rare opportunity to own a highly visible commercial parcel at one of Nantucket’s busiest intersections. 1 Airport Road .79 acres +/- and occupies a prominent corner lot at Airport Road and Old South Road, just west of Nantucket Memorial Airport. Located in the flexible CTEC zoning district, this property allows for a wide range of commercial and residential uses (see zoning use chart), making it ideal for mixed-use development, contractor shop, office space, or residential units. Town water and sewer service add to the property's development ease. With exceptional exposure from two major roadways, this lot presents a prime opportunity for businesses or investors looking to establish a strong presence in one of Nantucket’s most trafficked corridors. Also available to be sold as a portfolio with 7 Airport Rd
PROPERTY TAXES
| Parcel Numbers | Total Assessment | $1,456,200 | |
| Land Assessment | $1,456,200 | Annual Taxes | $4,175 |
| Improvements Assessment | $0 | Tax Year | 2025 |
