Property
15 Nancy Ann Lane • Mid Island
$3,595,000
Commercial CTEC lot. Currently leased until September 30, 2027 with 2, 1 year extensions. Lease has excellent cash flow, making it ideal for an investor who wants to continue to lease it as raw land or recognizes the value for future development. Utilities; town water, (sewer is at 9-11 Nancy Ann) cable and electric are available at the street. The lot is 118x210, is flat and open and is subdividable. CTEC allows for 40% ground cover. There are no structures on the property. The current tenant uses it to store construction equipment and material.
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Ask for Stephen's read on this propertyMLS Data
- Status
- Active
- List price
- $3,595,000
- Beds / baths
- 0 bd · 0 ba
- Days on market
- 374
- Listing office
- William Raveis Nantucket
Commercial CTEC lot. Currently leased until September 30, 2027 with 2, 1 year extensions. Lease has excellent cash flow, making it ideal for an investor who wants to continue to lease it as raw land or recognizes the value for future development. Utilities; town water, (sewer is at 9-11 Nancy Ann) cable and electric are available at the street. The lot is 118x210, is flat and open and is subdividable. CTEC allows for 40% ground cover. There are no structures on the property. The current tenant uses it to store construction equipment and material.
Assessor Record
- Location
- 15 NANCY ANN LN
- Primary use
- DEVEL LAND
- Zoning
- CTEC
- Assessed total
- $1,229,900
- Acreage
- 0.56 ac
Registry Record
Latest deed reference: C24872/0
$30,596,600
2013-08-08 · Book / Page C24872/0
Recorded transfer
1963-07-31 · Book / Page C04825/0
$2,550,000
2023-08-07 · Book / Page C29267/0
Zoning Context
- District code
- CTEC
- District name
- Commercial Technical
Sample allowable uses
- Primary Dwelling
- Secondary dwelling — conditional / restricted
- Accessory dwelling
- Tertiary Dwelling — conditional / restricted
- Apartment
- Apartment building — conditional / restricted
Data Sources & Freshness
- Listing data
- MLS / LINKon market since 2025-07-20
- Assessment data
- Nantucket Assessorannual cycle
- Deed history
- Nantucket Registry of Deedsas recorded
- Zoning context
- Town of Nantucket zoning dataofficial reference
- Market analysis
- Nantucket Houses / Stephen Maury interpretationongoing