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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