Active
294 Commercial Street
Provincetown MA, 02657
$3,850,000
$707.33 per sqft
Active
10 Beds
7 Baths
5,443 sqft
Multi-family
Built in 1880
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.
22405711
MLSⓇ ID
December 3, 2024
Listed
January 4, 2025
Updated
Map
294 Commercial Street
Provincetown MA, 02657
Interior Features
Total Stories
3
Bedrooms
10
Total Bathrooms
7
Full Bathrooms
6
Half Bathrooms
1
Interior Features
Linen Closet, Recessed Lighting, Pantry
Appliances
Electric Water Heater, Water Heater, Tankless Water Heater, Dishwasher, Washer, Refrigerator, Electric Range, Microwave, Freezer, Dryer - Electric
Floor Description
Hardwood, Tile, Laminate, Wood, Vinyl
Fireplace
No
Cooling
Yes
Cooling Description
Wall Unit(s), Other
Heating
Yes
Heating Description
Other
Exterior/Building Features
Lot Size
0.08 Acres
Lot Features
Conservation Area, Major Highway, Near Golf Course, Shopping, Public Tennis, Marina, In Town Location
Architectual Style
Antique
Roof
Asphalt, Shingle, Other, Pitched, Flat
Sewer
Public Sewer
School Information
School District
Provincetown
Other Property Details
Taxes
$14,407
Tax Frequency
Annually
Days on Market
33
Garage
Yes
Garage Spaces
2
Parking
Driveway, Stone/Gravel, Off Street
Parking Total
1
View
No
County
Barnstable
Municipality
Provincetown
Water Source
Public
Pool
No
Zoning
TCC
Courtesy of William Raveis Real Estate & Home Services, Joel J Harms
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