Located across the street from the serene creeks and offering distant views of Nantucket Harbor, this 6,241+/- sq. ft. parcel presents an exceptional opportunity for residential and commercial development. Positioned in the coveted Commercial Mid-Island (CMI) zoning district, this versatile property allows for a wide array of uses, making it ideal for entrepreneurs or those seeking to build their dream home with income potential. With CMI zoning allowing up to 50% ground cover, the possibilities are vast. Whether you envision a primary residence with an accessory dwelling, an apartment, or a garage apartment, the options are extensive. For business ventures, permitted uses include a boutique retail space, a cozy hotel or inn, office spaces, catering services, a daycare facility, or even a private club. Enjoy the convenience of being close to town while benefiting from the tranquility of the creekside location and harbor views. Don't miss this unique chance to own a versatile piece of Nantucket real estate. Please note, only the rear parcel is available for sale. The front parcel is not available and is not to be visited.