294 Commercial Street, Provincetown, MA 02657 (MLS # 22405811)

Price $3,850,000
Status Active
Size 5,443 sqft
Lot Size 3,485 sqft
Days on Market 19
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 around $300,000+ across all units with mostly weekly rentals. There are some rentals in place for 2025 season. Many new plumbing/heating and cooling updates and improvements including new roof for front building. Furnishings negotiable. Sewer betterment paid in full.
Property Type(s): Commercial

SCHOOLS

School District Provincetown

Additional Details

AIR Other, Wall Unit(s)
AIR CONDITIONING Yes
APPLIANCES Electric Water Heater, Tankless Water Heater, Water Heater
BASEMENT None
CONSTRUCTION Clapboard, Shingle Siding
HEAT Other
LOT 3485 sq ft
LOT DESCRIPTION Near Golf Course, On Golf Course
PARKING Driveway, Off Street
SEWER Public Sewer
STORIES 3
TAXES 14407
WATER Public
ZONING TCC

Location

Listed with William Raveis Real Estate & Home Services
Listing information is deemed reliable, but not guaranteed.

This IDX solution is (c) Diverse Solutions 2024.

Email a Friend