Prime Ground Level Corner Retail For Lease

33 Main Street (the “Property”) is located on the best corner in Nantucket, at the intersection of Main and Federal Streets. The property boasts 1,256 RSF on the ground floor with approximately 14’ ceilings, as well as an additional 1,256 RSF in a full selling basement for a total of 2,512 SF of prime retail space. Property can be leased as a whole or divided.

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 fourteen (14) locations worldwide. This zoning restriction does not apply to service provides such as financial institutions and service providers.

Due to the unavailability of land and a highly restrictive zoning code, new commercial development in downtown Nantucket is severely constricted. This limits competition and drives up the opportunity for monopolistic pricing, particularly within the main shopping corridors.

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Property Type: Commercial

Property Status: For Lease

Available Space: 1,256 rentable sq. ft.

Lease Term: 1 - 15 years

Asking Rent: Upon Request

Floor: Ground Floor

For More Information, Please Contact:

Justin H. Green

212-730-4300 Ext. 300

jgreen@haysventures.com