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Excellent opportunity to own and develop a centrally located, oversized lot in the CMI district suitable for myriad commercial and/or residential uses. The location affords potential second and third floor views of Nantucket Harbor and Monomoy Creeks, as well as easy access to Town and mid-island conveniences. Zoning permits 50 percent ground cover, 40' ridge heights, up to six residential units and a total of eight bedrooms. Current owner has HDC-approved plans and ZBA approval for five apartment units and garage. The renderings, site plan and floor plans are in the documents section.