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432 Commercial Street, #UG-1, Provincetown, MA, 02657 | $695,000
Nestled on Cape Cod's sunlit coastline, the flagship art gallery of Provincetown stands as a premier venue for creativity and vision. This property captures the charm of historic Provincetown while offering sophisticated indoor and outdoor spaces for artistic expression. Located at the intersection of Kiley Court and Commercial Street, the gallery features large display windows, prominent signage, and a grand entrance. Inside, you'll find three distinct gallery spaces across three levels: a bright main gallery with a cathedral ceiling, a rear gallery with double windows, and a cozy lower-level gallery/office with additional light from a windowed door and a large storage area. The gallery's elegant design includes both expansive and intimate spaces suitable for traditional art, sculpture, and performance. Freshly painted with classic hardwood floors, it's ready for immediate use. The gallery is in Provincetown's vibrant arts district, surrounded by established galleries, restaurants, and the Provincetown Art Association and Museum (PAAM). The exclusive courtyard offers a serene spot for visitors to enjoy the Cape Cod breeze. Seller welcomes offers with requests for buyer concession Additional amenities include a half-bath with a slop sink and access to a common loading/unloading parking spot adjacent to the entrance. This property represents a rare opportunity to own a piece of Provincetown's artistic legacy, where history, creativity, and future possibilities converge.
Features
- Property Type: Condominium
- Current Use: Art Gallery Only
- Permitted Use: Art Gallery Only
- Construction: Other, Sheet Rock
- Utilities: Electricity Available
- Levels: 1
- Cooling: None
- Approx Lot Sq. Feet: 5,227
- Units: 3
- Zoning: R3
- Year Built: 1900
- Approx Sq. Feet: 750
- Acreage: 0.12
- Est. Taxes: $2,197
- HOA Fee: $420 Monthly
- Lot Desc: In Town Location
- MLS#: 22403829
- Website: https://www.raveis.com
/prop/22403829/432commercialstreet_provincetown_ma?source=qrflyer
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Frank MerolaVP, Mortgage Banker, William Raveis Mortgage, LLC
NMLS Mortgage Loan Originator ID 1020051
508.740.5922
Frank.Merola@raveis.com
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432 Commercial Street, #UG-1, Provincetown, MA, 02657
$695,000
Customer Service
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Frank Merola
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 508.740.5922
Frank.Merola@raveis.com
NMLS Mortgage Loan Originator ID 1020051
|
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
|---|---|---|---|
| Loan Amount | $556,000 | $556,000 | $556,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.125% | 6.125% | 5.250% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 7.398% | 6.285% | 5.510% |
| Monthly Tax Payment | $183 | $183 | $183 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $3,378 | $3,378 | $4,470 |
| Total Monthly Payment | $3,653 | $3,653 | $4,745 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change. The Total Monthly Payment does not include the estimated HOA/Common Charge payment.
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