Homes for sale - 193 Commercial Street #1,2,3,4&5, Provincetown, MA...

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$1,350,000

Est. payment - /mo

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1,548 SqFt

Active

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

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Nancy Cassano

TODAY Real Estate

nancyc@todayrealestate.com +1(508) 954-3420

UPDATED:

11/25/2024 07:21 PM

Key Details

Property Type Commercial, Condo

Sub Type Retail,Condominium

Listing Status Active

Purchase Type For Sale

Square Footage 1,548 sqft

Price per Sqft $872

MLS Listing ID 22405097

HOA Fees $1,654/mo

HOA Y/N Yes

Abv Grd Liv Area 1,548

Originating Board Cape Cod & Islands API

Year Built 1899

Annual Tax Amount $5,919

Tax Year 2025

Lot Size 0.320 Acres

Acres 0.32

Special Listing Condition None

Property Description

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.

Location

State MA

County Barnstable

Zoning TCC

Direction Commercial St. Near West End across from Spiritus. Park in public lot and walk to property.

Body of Water Cape Cod Bay

Rooms

Basement Interior Entry, Tenant Storage

Interior

Cooling Wall Unit(s)

Flooring Wood, Carpet, Tile

Fireplace No

Window Features Display Window(s)

Appliance Electric Water Heater, Water Heater

Basement Type Interior Entry,Tenant Storage

Exterior

Exterior Feature Sign

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

Waterfront Description Bay

View Y/N Yes

Water Access Desc Bay

View Bay

Roof Type Asphalt,Pitched

Present Use Gift Shop,Retail

Garage No

Waterfront Description Bay

Building

Lot Description In Town Location, Shopping, Level

Building Description Shingle Siding,Sheet Rock,Frame, Year Round

Faces Commercial St. Near West End across from Spiritus. Park in public lot and walk to property.

Story 1

Foundation Brick/Mortar

Sewer Public Sewer

Water Public

Level or Stories 1

Structure Type Shingle Siding,Sheet Rock,Frame

Others

Tax ID 11161001

Special Listing Condition None

Listed by Gibson Sotheby's International Realty

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Nancy Cassano

Sales Associate | License ID: 9538872

+1(508) 954-3420