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336 Commercial Street, Provincetown, MA, 02657 | $2,895,000
Waterview Mixed Use Commercial Building located along busy Commercial Street is now available for sale. The 10-unit building enjoys its location and reputation as one of downtown's must see sites. The property abuts The Pilgrim House Hotel and Landing Restaurant, a Full Service Hospitality Complex. The site is just steps away from the beach and all points Provincetown. The first floor consists of 5 units including office, retail, and professional services. The second floor has a waterfront restaurant, office and three well appointed hospitality hotel rooms. The unobstructed waterviews of Provincetown Harbor are fabulous from the second floor restaurant. The property enjoys high traffic and foot counts and so much curb appeal. A substantial basement with high ceilings creates opportunity for additional development options and or much needed storage for the property. Close to ferry service and all points Provincetown. Signage, frontage, foot traffic, pristine condition, location and financials make this a must see for any investor or business owner! Move your business to the site or purchase for your own pied-a-terre in Provincetown. Make your dreams come true!
Features
- Property Type: Mixed Use,Condominium
- Current Use: Hotel/Motel, Professional Service, Other, Retail, Mixed, Mixed Use Retail, Office, Guest
- Permitted Use: Hotel/Motel, Professional Service, Other, Retail, Mixed, Mixed Use Retail, Office, Guest
- Construction: Other, Vertical Siding, Sheet Rock
- Levels: 2
- Heating: Forced Air
- Cooling: Wall Unit(s)
- Approx Lot Sq. Feet: 19,166
- Units: 10
- Zoning: TCC
- Year Built: 1990
- Approx Sq. Feet: 3,934
- Acreage: 0.44
- Est. Taxes: $6,661
- Lot Desc: In Town Location, Shopping, Marina, Gentle Sloping
- Appliances: Water Heater
- MLS#: 22405832
- Website: https://www.raveis.com
/prop/22405832/336commercialstreet_provincetown_ma?source=qrflyer
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William Raveis Family of Services
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Customer Service
888.699.8876
Contact@raveis.com
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To learn more about our credentials, visit raveis.com today.
Frank MerolaVP, Mortgage Banker, William Raveis Mortgage, LLC
NMLS Mortgage Loan Originator ID 1020051
508.740.5922
Frank.Merola@raveis.com
Our Executive Mortgage Banker:
- Is available to meet with you in our office, your home or office, evenings or weekends
- Offers you pre-approval in minutes!
- Provides a guaranteed closing date that meets your needs
- Has access to hundreds of loan programs, all at competitive rates
- Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction
Allen GellermanInsurance Sales Director, William Raveis Insurance
617.686.2668
Allen.Gellerman@raveis.com
Our Insurance Division:
- Will Provide a home insurance quote within 24 hours
- Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
- Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable
336 Commercial Street, Provincetown, MA, 02657
$2,895,000
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
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
|---|---|---|---|
| Loan Amount | $2,316,000 | $2,316,000 | $2,316,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.625% | 6.375% | 5.875% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.795% | 6.472% | 5.966% |
| Monthly Tax Payment | $555 | $555 | $555 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $13,332 | $14,449 | $19,388 |
| Total Monthly Payment | $14,012 | $15,129 | $20,068 |
* 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.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484
MA Mortgage Lender and Mortgage Broker #MC2630