$1,350,000

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193 Commercial Street, #1,2,3,4&5, Provincetown, MA, 02657

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1899

1,548 sqft

Prime Provincetown RETAIL SPACE available for sale for the first time in 40 years. This retail condominium is currently rented and operated as Roots, a home furnishings and gift store which has been in business for several decades in this location. There is a long term lease through January 31, 2027. Rental income is $69,200 annually. Tenant pays all utilities including condo fee. Betterment paid in full. The space lives as one retail space but is legally 5 condominium units. The property includes a dry basement area ideal for storage, a must for many retail operations and scarce in Provincetown. This is a great investment opportunity with stable income and few expenses. Plus the location is a prime commercial/retail location in downtown Provincetown. Seller welcomes offers with requests for buyer concessions.

Status:

Active

Type:

Commercial

Units:

Zoning:

TCC

Cooling:

Wall Unit(s)

Basement:

Interior Entry, Tenant Storage

Levels:

Common Charge:

$1,654 Monthly

Acreage:

0.32

Est. Taxes:

$5,919

Assessment

$1,071,800

HOA Fee

$1,654

Current Use

Gift Shop, Retail

Permitted Use

Gift Shop, Retail

Construction

Shingle Siding, Sheet Rock, Frame

Utilities

Cable Available, High Speed Internet, Electricity Available, Phone Available

Lot Description:

In Town Location, Shopping, Level

View Description:

Bay

Waterfront:

Yes

Days on Market:

Appliances:

Electric Water Heater, Water Heater

Lease Term Type:

Annually

MLS #:

22405097

Community Info

School Info

Walk Score

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