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294 Commercial Street

Provincetown, MA 02657
  • $3,850,000
  • STATUS: Active
  • ON SITE: 52 Days
  • MLS #: 22405711
UPDATED: 60 min ago
$3,850,000
  • 10
    BEDS
  • 0.08
    ACRES
  • 6
    BATHS
  • 1
    1/2 BATHS
  • 5,443
    SQFT
  • $707
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1880
County:
Area:

School Ratings & Info

School District:

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. 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.

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Cape Cod & Islands MLS logo © 2025 Cape Cod & Islands Multiple Listing Service, Inc. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Team Alberti - Gibson Sotheby's International Realty. Data last updated: 2025-01-25T17:25:53.327.
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294 Commercial Street Provincetown, MA 02657

  • Price: $3,850,000
  • Status: Active
  • On Site: 52 Days
  • Updated: 60 min ago
  • MLS #: 22405711
10
Beds
6
Baths
1
½ Baths
0.08
Acres
5,443
SQFT
$707
$/SQFT
1880
Built
Neighborhood:
Provincetown
County:
Barnstable
Area:
Provincetown
School District:
Provincetown
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. 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.
Exterior Features

Architectural Style Antique Carport No Construction Materials ClapboardShingle Siding Dock No Foundation Details BlockBrick/Mortar Lot Features Conservation AreaMajor HighwayNear Golf CourseShoppingPublic TennisMarinaIn Town Location Open Parking Yes Parking Features DrivewayStone/GravelOff Street Parking Total 1 Patio And Porch Features DeckPatio Road Frontage Type Public Roof AsphaltShingleOtherPitchedFlat Water Front No Water View Yes

Interior Features

Appliances Electric Water HeaterWater HeaterTankless Water HeaterDishwasherWasherRefrigeratorElectric RangeMicrowaveFreezerDryer - Electric Attached Garage Yes Basement No Cooling True Cooling Features Wall Unit(s)Other Fireplace YN No Flooring HardwoodTileLaminateWoodVinyl Garage Yes Heating Yes Heating Features Other Interior Features Linen ClosetRecessed LightingPantry Rooms Total 20

Property Features

Association No Elevation Certificate No Flood Insurance Required Yes: verify w/insurance agent Flood Zone AO Improvement Assessments 2111200 Land Assessments 648800 Lead Paint Unknown Membership Required No Miles From Beach 0 - .1 New Construction No Nitrogen Sensitive Area No Other Assessments 0 Property Sub Type Multi Family Road Surface Type Paved Sewer Public Sewer Special List Conditions None Tax Annual Amount 14407 Tax Assessed Value 2760000 Tax Book Number 4638 Tax Year 2025 Warranty Available False Water Source Public Waterview Type Bay/Harbor Year Built Description Updated/RemodeledActual Year Built Effective 2023 Year Round Yes Zoning TCC

Cape Cod & Islands MLS logo Listing information © 2025 Cape Cod & Islands Multiple Listing Service, Inc.
Listing provided courtesy of Joel J Harms of William Raveis Real Estate & Home Services:


Cape Cod & Islands MLS logo © 2025 Cape Cod & Islands Multiple Listing Service, Inc. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Team Alberti - Gibson Sotheby's International Realty. Data last updated: 2025-01-25T17:25:53.327.
 
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Orleans MA, 02653