New Listing - 12/02/2024
294 Commercial Street, Provincetown, MA, 02657
20 rooms
10 beds
6 Full / 1 Half baths
1880
Antique
5,443 sqft
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 around $300,000+ across all units with mostly weekly 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.
Status:
Active
Type:
Multi-family
Zoning:
TCC
Garage:
2-car Driveway, Stone/Gravel, Off Street
Heating:
Other
Cooling:
Wall Unit(s), Other
Levels:
3
Parking:
1-car
Acreage:
0.08
Est. Taxes:
$14,407
Assessment
$2,760,000
Construction
Clapboard, Shingle Siding
Lot Description:
Conservation Area, Major Highway, Near Golf Course, Shopping, Public Tennis, Marina, In Town Location
School District:
Provincetown
Days on Market:
9
Appliances:
Electric Water Heater, Water Heater, Tankless Water Heater, Dishwasher, Washer, Refrigerator, Electric Range, Microwave, Freezer, Dryer - Electric
MLS #:
22405711
Buyer Broker Compensation:
0.0%
Buyer Broker Compensation is for display purposes only and must be confirmed in writing directly from Listing Broker