$2,650,000
Provincetown, MA 02657
MLS# 21609446
Status: Closed
15491 sqft
1 / 31
Property Description
Award winning Sage Inn and Lounge is a centrally-located, year-round Provincetown boutique hotel, intimate Lounge offering farm-to-table cuisine and event venue creating weddings & meetings with flair. The inn has 19 newly renovated & nicely appointed rooms, each with AC and individual climate control, flat screen TVs, private baths, and offering a variety of bed sizes & room types. The lounge offers a trendy and comfortable atmosphere in which patrons can relax, drink fine wines & herb-infused cocktails and dine on creative small plates that showcase ingredients from Sage's own on-site herb wall & local producers from throughout the region. The third prong of the business is a wonderful event space, in which to host weddings, meetings, fundraisers & all types of gatherings. Sage
Details
Maps
Contract Info
List Price/SqFt: 188.82
Status: Closed
Original List Price: 2925000
Sold Price: $2,650,000
Current Price: $2,650,000
List Date: 2016-10-29
Legal and Taxes
Street Modifier: R
Unit #: 1
Town: Provincetown
Village: Provincetown
Estimated Annual Taxes: 12339
Building Assessments: 1512800
Total Assessment: 1512800
Betterment: 26000
Title Reference - Book: 25356
Title Reference - Page: 72
Flood Ins Required: Not Verified
Lead Base Paint: No
Elevation Certificate: No
Mass Use Code: 300 - Hotel
Street #: 336
Street Name: Commercial
Street Suffix: Street
County: Barnstable
State: MA
Zip Code: 02657
Tax ID: 12-1-142-1-001
Tax Year: 2017
General Property Info
Region: Outer Cape
Primary Sub-Type: Hotel/Motel
Secondary Sub-Type: Restaurant
Zoning: TCC
Other Sub-Type: Business w/Real Est
# of Buildings: 1
Stories: 3
# of Units: 19
Additional SqFt Source: Unit Plan
Seating Capacity: 101 or More
Condo: Yes
Association: Yes
Business w/Real Estate: Yes
Lot Size SqFt: 19166
Lot Size Source: Field Card
Acres: 0.44
# of Parking Spaces: 5
Waterfront: No
Waterview: No
Residential Units: Yes
Total # Res Units: 19
Commercial Units: Yes
Total # Comm Units: 1
Industrial Units: No
Total Finished Space: 15491
Year Built: 1990
Remarks & Misc
Public Remarks: Award winning Sage Inn and Lounge is a centrally-located, year-round Provincetown boutique hotel, intimate Lounge offering farm-to-table cuisine and event venue creating weddings & meetings with flair. The inn has 19 newly renovated & nicely appointed rooms, each with AC and individual climate control, flat screen TVs, private baths, and offering a variety of bed sizes & room types. The lounge offers a trendy and comfortable atmosphere in which patrons can relax, drink fine wines & herb-infused cocktails and dine on creative small plates that showcase ingredients from Sage's own on-site herb wall & local producers from throughout the region. The third prong of the business is a wonderful event space, in which to host weddings, meetings, fundraisers & all types of gatherings. Sage
Directions to Property: Commercial Street east to 336 on the right. Located between Freeman and Commercial.
Status Change Info
Concessions: No
Estimated Selling Date: 2017-04-10
Sold Price/SqFt: 171.07
SP/AV: 1.75
Under Contract Date: 2017-03-29
Sold Date: 2017-04-18
Sold Price: $2,650,000
Special Listing Cond
Standard: 1
Basement Description
Full: 1
Interior Access: 1
Building/Business
Building Name: Sage Inn and Lounge
Business Operating: Yes
Years Established: 5
Conforming Use: Yes
Present Use
Hotel/Motel: 1
Mixed: 1
Restaurant: 1
Parking Features
Assigned: 1
Driveway: 1
Business Includes
Business Includes Comments: Artwork is excluded.
Business Name: 1
Equip Inventory Avl: 1
Equipment: 1
Goodwill: 1
Foundation Details
Concrete Perimeter: 1
Beach Description
Bay: 1
Harbor: 1
None: 1
Convenient To
In Town Location: 1
Marina: 1
Shopping: 1
Beach Ownership
None: 1
Floors
Carpet: 1
Tile: 1
Wood: 1
Walls
Sheet Rock: 1
Utilities
Cable: 1
Electricity: 1
Gas: 1
High Speed Internet: 1
Telephone: 1
Sewer
Public Sewer: 1
Building Const
Pre-cast Concrete: 1
Wood Frame: 1
Exterior Features
Out Storage: 1
Rear Entrance: 1
Sign: 1
Building Features
Handicap Access: 1
Private Yard: 1
Roof Description
Asphalt: 1
Pitched: 1
Siding Description
Aluminum Siding: 1
Vinyl Siding: 1
Other - See Remarks: 1
Heating
Hot Water: 1
Other: 1
Cooling
Wall Unit(s): 1
Fuel Type
Propane: 1
Water
Public: 1
Hot Water
Water Heater: 1
Hot Water Source
Propane Gas: 1
Seasonal
Year Round: 1
Gas
On Site: 1
Miscellaneous
Handicap Eqp'd - Some: 1
TV - All: 1
Laundry
Dryer - Electric: 1
Washer: 1
Property Features
Special Listing Cond: Standard
Present Use: Hotel/Motel; Mixed; Restaurant
Business Includes: Business Name; Equip Inventory Avl; Equipment; Goodwill
Parking Features: Assigned; Driveway
Beach Description: Bay; Harbor; None
Beach Ownership: None
Convenient To: In Town Location; Marina; Shopping
Floors: Carpet; Tile; Wood
Walls: Sheet Rock
Foundation Details: Concrete Perimeter
Basement Description: Full; Interior Access
Building Const: Pre-cast Concrete; Wood Frame
Building Features: Handicap Access; Private Yard
Roof Description: Asphalt; Pitched
Siding Description: Aluminum Siding; Vinyl Siding; Other - See Remarks
Heating: Hot Water; Other
Cooling: Wall Unit(s)
Fuel Type: Propane
Water: Public
Hot Water: Water Heater
Hot Water Source: Propane Gas
Seasonal: Year Round
Utilities: Cable; Electricity; Gas; High Speed Internet; Telephone
Sewer: Public Sewer
Gas: On Site
Miscellaneous: Handicap Eqp'd - Some; TV - All
Laundry: Dryer - Electric; Washer
Supplements
is proudly a green leader,with solar panels & electric car charging stations. Also has elevator. Strong financials are available to pre-qualified buyers, and there is even room for growth! Great business oppty
Listing Office: Atlantic Bay Sotheby's Int'l R
Listing Agent: Emily Flax
Last Updated: September - 29 - 2024
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