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The Nantucket Life

10 Gay StreetNantucket MAPrice: $3,595,000

  • Price: $3,595,000
  • 122 Days on Market
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Federal 30-year interest rate: 3.47% last updated on Feb 13, 2020
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • $3,595,000List Price
  • 8Bedrooms
  • 9Bathroom
  • 0.1Acreage

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The Sherburne Inn consistently ranks in the Trip Advisor top 3 of over 38 B&Bs on Nantucket. This meticulously cared for Inn offers 8 guestrooms with en suite baths and multiple inside and outside common seating areas. Central AC and heating allow for year-round occupancy. The in-town location is ideal, with access to all but in a quiet residential setting. The bottom level of the building offers a spacious innkeeper's apartment with a full bath and large kitchen, plus room for additional housekeeping staff or an office. The current owner has invested heavily in maintaining and upgrading the building, yard, and equipment. This turnkey business generates positive cash flow due to the extremely high repeat visitation rate combined with growth in the average daily rate. Garage with two off-street parking spots.

Property Details of 10 Gay Street

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Listed by Lisa Sherburne of Atlantic East Nantucket Real Estate

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