$2,780,000
Provincetown, MA 02657
MLS# 22205627
Status: Closed
6148 sqft
1 / 20
Property Description
Waterfront Mixed Use Investment Property now available for sale at 265 Commercial Street, Provincetown. The property is located in the heart of Provincetown across from Town Hall. The waterfront property is within close walking distance to USPO, Banks, Restaurants, Shops, Grocery, Whale Watches, Boston Ferry Service and much more. The 4008 square foot beachfront lot is improved by a 6,100+ square foot mixed use building with long established financials and substantial potential. The site has a restaurant tenant on the first floor and three waterfront apartment / suites on the second and third floors with private decks overlooking Provincetown Harbor and beach. Own a waterfront property, collect rents and enjoy your Provincetown pied-à-terre! High Traffic and foot counts coupled with Location, Location, Location, signage, frontage, beachfront and waterfront views make this a MUST SEE for any investor or end user in the market!
Details
Maps
Contract Info
List Price/SqFt: 569.29
Status: Closed
Original List Price: 3500000
Sold Price: $2,780,000
Current Price: $2,780,000
List Date: 2022-10-24
Legal and Taxes
Town: Provincetown
Village: Provincetown
Estimated Annual Taxes: 18659
Building Assessments: 1173100
Other Assessments: 0
Total Assessment: 3273600
Title Reference - Book: 31878-238
Underground Fuel Tank: Unknown
Flood Ins Required: Not Verified
Lead Base Paint: Unknown
Asbestos: Unknown
Elevation Certificate: No
Mass Use Code: 10 - Multiple Use Property
Street #: 265
Street Name: Commercial
Street Suffix: Street
County: Barnstable
State: MA
Zip Code: 02657
Tax ID: 11-3-24-0
Tax Year: 2023
General Property Info
Region: Outer Cape
Primary Sub-Type: Mixed Use
Secondary Sub-Type: Income/Multi-Family
Zoning: TCC
Renovated: Yes
# of Buildings: 1
Year Renovated: 2005
Stories: 3
Field Card SqFt: 6148
# of Units: 4
Condo: No
Association: No
Business w/Real Estate: No
Lot Size SqFt: 3920
Lot Size Source: Owner
Acres: 0.09
Waterfront: Yes
Water Body: Provincetown Harbor
Waterfront Type: Bay/Harbor
Waterview: Yes
Water Body View: Provincetown Harbor
Waterview Type: Bay/Harbor
Residential Units: Yes
Total # Res Units: 3
Commercial Units: Yes
Total # Comm Units: 1
Industrial Units: No
Total # Industrial Units: 8
Property Includes Recording Devices: No
Total Finished Space: 6148
Year Built: 1900
Remarks & Misc
Public Remarks: Waterfront Mixed Use Investment Property now available for sale at 265 Commercial Street, Provincetown. The property is located in the heart of Provincetown across from Town Hall. The waterfront property is within close walking distance to USPO, Banks, Restaurants, Shops, Grocery, Whale Watches, Boston Ferry Service and much more. The 4008 square foot beachfront lot is improved by a 6,100+ square foot mixed use building with long established financials and substantial potential. The site has a restaurant tenant on the first floor and three waterfront apartment / suites on the second and third floors with private decks overlooking Provincetown Harbor and beach. Own a waterfront property, collect rents and enjoy your Provincetown pied-à-terre! High Traffic and foot counts coupled with Location, Location, Location, signage, frontage, beachfront and waterfront views make this a MUST SEE for any investor or end user in the market!
Directions to Property: Bradford Street to Ryder Street, Right on Commercial Street, property located on left hand side of road, waterfront. Parking available at Town Municipal Parking Lot.
Status Change Info
Concessions: No
Estimated Selling Date: 2023-03-31
Sold Price/SqFt: 452.18
SP/AV: 0.85
Under Contract Date: 2022-11-28
Sold Date: 2023-03-09
Sold Price: $2,780,000
Special Listing Cond
None: 1
Security Features
See Remarks: 1
Lot Features
Level: 1
Views: 1
Basement Description
Full: 1
Present Use
Mixed: 1
Restaurant: 1
Retail: 1
Present Use Comments: MIXED USE RES, RESTAURANT, COMMERCIAL
Parking Features
None: 1
Waterfront Desc
Bay: 1
Harbor: 1
Foundation Details
Poured: 1
Water View Desc
Bay: 1
Beach Description
Bay: 1
Harbor: 1
Other - See Remarks: 1
Convenient To
In Town Location: 1
Marina: 1
Shopping: 1
Convenient to Water Body 1: Provincetown Harbor
Beach Ownership
None: 1
Floors
Carpet: 1
Hardwood: 1
Parquet: 1
Vinyl: 1
Other: 1
Walls
Sheet Rock: 1
Sewer
Public Sewer: 1
Building Const
Wood Frame: 1
Exterior Features
Rear Entrance: 1
Sign: 1
Roof Description
Pitched: 1
Siding Description
Shingle: 1
Heating
Hot Water: 1
Cooling
Wall Unit(s): 1
Fuel Type
Propane: 1
Water
Public: 1
Hot Water
Water Heater: 1
Hot Water Source
Propane Gas: 1
Property Features
Special Listing Cond: None
Security Features: See Remarks
Present Use: Mixed; Restaurant; Retail
Lot Features: Level; Views
Parking Features: None
Waterfront Desc: Bay; Harbor
Water View Desc: Bay
Beach Description: Bay; Harbor; Other - See Remarks
Beach Ownership: None
Convenient To: In Town Location; Marina; Shopping
Floors: Carpet; Hardwood; Parquet; Vinyl; Other
Walls: Sheet Rock
Foundation Details: Poured
Basement Description: Full
Building Const: Wood Frame
Roof Description: Pitched
Siding Description: Shingle
Heating: Hot Water
Cooling: Wall Unit(s)
Fuel Type: Propane
Water: Public
Hot Water: Water Heater
Hot Water Source: Propane Gas
Sewer: Public Sewer
Listing Office: Premier Commercial
Listing Agent: John E Ciluzzi
Last Updated: September - 29 - 2024
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