4 and 10 Broad St Portfolio 2 Retail Properties Offered at $35,900,000 in Nantucket, MA

Prime Nantucket retail investment opportunity that sits on Broad Street at Steamboat Wharf. These two versatile commercial buildings for sale, located at 4 Broad Street and 10 Broad Street, offer 10,400 square feet in one of the island’s most iconic waterfront corridors.

Currently configured with seven storefronts, including a lucrative rental business with inventory and four leased restaurants featuring prep kitchens, the portfolio delivers diversified, recurring income anchored by food, service, and experiential retail uses. Strong year-round visibility, paired with exceptional seasonal foot traffic, positions the asset as a rare blend of stability and upside. With unrestricted commercial use and a proven tenant mix, the offering established cash flow and the long-term appreciation potential in a supply-constrained island market.

The buildings sit at the gateway to Nantucket’s commercial core, directly on Broad Street at Steamboat Wharf, the primary arrival point for ferry passengers traveling via the Steamship Authority. This irreplaceable positioning captures immediate pedestrian flow from arriving visitors and places tenants at the center of the island’s destination retail corridor.

Nantucket attracts approximately 1.5 million visitors annually, with a dramatic summer population surge that fuels restaurant reservations, retail spending, and experiential services. Access is further supported by Nantucket Memorial Airport, which accommodates seasonal and regional air travel. The Cape Cod submarket reports a median household income of $135,000 and approximately $231 million in annual consumer spending, underscoring the depth of purchasing power supporting island commerce.

Broad Street’s historic waterfront setting is characterized by tightly held inventory and exceptionally limited vacancy, with Nantucket’s commercial vacancy rate at just 0.2%, well below historical averages and supportive of sustained rental growth. The surrounding neighborhood forms the heart of shopping, dining, and hospitality activity, where visitors and affluent seasonal residents concentrate their time and spending. Constrained supply, tourism demand, and premier frontage offer a rare investment opportunity in one of New England’s most exclusive retail environments.