15 S WATER ST
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Location
15 S WATER ST
Mblu
4231/ / 12/ /
Acct#
00009466
Owner
NIR RETAIL III LLC
Assessment
$5,708,300
PID
9466
Building Count
1
Current Value
Assessment
Valuation YearImprovementsLandTotal
2026$759,300$4,949,000$5,708,300

Owner of Record
OwnerNIR RETAIL III LLC
Co-OwnerC/O NEW ENGLAND DEVELOPMENT-ACCTING DEPT
Address75 PARK PLAZA #3
BOSTON, MA 02116
Sale Price$4,027,000
Certificate
Book & Page C0021934/0
Sale Date09/21/2005
Instrument1N

Ownership History
Ownership History
OwnerSale PriceCertificateBook & PageInstrumentSale Date
NIR RETAIL III LLC$4,027,000 C0021934/01N09/21/2005
WINTHROP NANTUCKET 2 REALTY TR$1,750,000 C0013/0657 06/01/1988

Building Information
Building 1 : Section 1
Year Built: 1934
Living Area: 3,590
Replacement Cost: $1,096,826
Building Percent Good: 65
Replacement Cost
Less Depreciation:
$712,900
Building Attributes
FieldDescription
Style:Restaurant
ModelCommercial
GradeAverage +20
Stories:1.75
Occupancy1.00
Exterior Wall 1Wood Shingle
Exterior Wall 2 
Roof StructureGable/Hip
Roof CoverAsph/F Gls/Cmp
Interior Wall 1Drywall/Sheet
Interior Wall 2 
Interior Floor 1Vinyl/Asphalt
Interior Floor 2 
Heating FuelOil
Heating TypeHot Water
AC TypeCentral
Struct Class 
Use:REST/CLUBS M94
Total Rooms 
Total Bedrms00
Total Baths3
1st Floor Use:3260
Heat/ACNONE
Frame TypeWOOD FRAME
Baths/PlumbingABOVE AVERAGE
Ceiling/WallCEIL & WALLS
Rooms/PrtnsAVERAGE
Wall Height10.00
% Comn Wall0.00
Building Photo Building Photo
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area		Living
Area
BASFirst Floor 3,590 3,590
FEPPorch, Enclosed, Finished 30 0
FOPPorch, Open, Finished 28 0
WDKDeck, Wood 84 0
   3,732 3,590

Extra Features
Extra Features
CodeDescriptionSizeValueBldg #
CLR1COOLER120.00 S.F.$2,3001
MEZ1MEZZANINE-UNF2119.00 S.F.$16,5001
SPR1SPRINKLERS-WET3590.00 S.F.$22,2001

Land
Land Use
Use Code3260
DescriptionREST/CLUBS M94  
ZoneCDT
NeighborhoodH51
Alt Land ApprNo
Category
Land Line Valuation
Size (Acres)0.15
Frontage0
Depth0
Assessed Value$4,949,000

Outbuildings
Outbuildings
CodeDescriptionSub CodeSub DescriptionSizeValueBldg #
PAV1PAVING-ASPHALT  2000.00 S.F.$4,2001
SHD1SHED FRAME  108.00 S.F.$1,2001
Valuation History
Assessment
Valuation YearImprovementsLandTotal
2026$759,300$4,949,000$5,708,300
2025$725,400$4,497,600$5,223,000
2024$691,500$4,283,600$4,975,100
2023$640,800$3,894,200$4,535,000
2022$610,800$3,540,100$4,150,900

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