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294 Commercial Street, Provincetown, MA 02657
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$3,575,000
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Home Details for 294 Commercial Street
Price
$3,575,000
Type
Commercial/Industrial
Year Build
1880
Sq. Ft.
5443
Lot Size
0.08
County
Barnstable
Basement
None
Tax
$14,407
MLS®️ Listing#
22405811
On exitrealty.com
274 days
Property Description
Make Provincetown Your OWN with these two mixed use buildings featuring a combined 10 bedrooms and 6 baths, and a prime commercial space with a half bath in the heart of Provincetown's downtown commercial district! First time on the market in over 50 years. Building one consists of ground floor retail space (approx. 1500sf) that has housed Coconuts Sunglasses for over 36 years, the second floor is a newly renovated approx. 1288sf 3BR/1BA (#5), separate coin operated laundry room for all of the apartments, and the top floor is an approx. 870sf 2BR/1BA (#6) and features a large sun deck. Building two consists of an approx. 240sf studio (#3), two approx. 372sf and 520sf 1BR/1BAs (#1 and #4), an approx. 605sf 2BR/1BA (#2), and a two car garage. Property being sold AS IS. Generates gross rental income of over $300,000+ across all units with mostly short term rentals. Cap rate of 5.5%. Many new plumbing/heating and cooling updates and improvements including new roof for front building. Furnishings negotiable. Sewer betterment paid in full.
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- None
Listing Courtesy: William Raveis Real Estate & Home Services - 508-487-4005. Presented by: Joel J Harms
The data relating to real estate for sale on this site comes from the Broker Reciprocity of the Cape Cod & Islands Multiple Listing Service, Inc. Summary or thumbnail real estate listings held by brokerage firms other than the brokerage firm owning this website are marked with the IDX Logo and detailed information about them includes the name of the listing broker. Neither the listing broker nor the brokerage firm owning this website shall be responsible for any typographical errors, misinformation, or misprints and shall be held totally harmless. All properties are subject to prior sale, changes, or withdrawal. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright ©2025 Cape Cod & Islands Multiple Listing Service, Inc. All Rights Reserved.Last Updated: 2025-08-20 15:30:15
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$3,575,000
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