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    269 Commercial St Provincetown, MA 02657

    For Sale
    Contact for pricing

    Prime Location, Mixed-Use, Turnkey Business

    Property size:
    9,575 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    307
    This exceptional mixed-use property at 269-271 Commercial Street in Provincetown, MA, presents a rare opportunity to acquire a thriving waterfront restaurant and residential space. Located directly across from Town Hall, this prime location boasts high foot and vehicle traffic, ensuring maximum visibility and accessibility. The 9,575 square foot property sits on a 0.07-acre lot and includes the land, building, improvements, established business, equipment, and the well-known Tin Pan Alley Restaurant brand. The restaurant occupies the first floor, featuring a full-service dining area with multiple seating zones, a front bar/entertainment space, and a fully equipped commercial kitchen. Upstairs, a four-bedroom residence provides comfortable living quarters. The 3,427 square foot building has undergone substantial recent improvements, including upgraded mechanical systems (new grease interceptor, boiler/heating system), new windows, a convection oven, and a new roof. Strong financial performance, coupled with the unparalleled location, prominent signage, and excellent condition, makes this a truly unique investment. This turnkey operation offers the potential for both active management and passive income generation, allowing the new owner to live, work, and play in the heart of Provincetown's vibrant waterfront scene. This is a must-see for discerning buyers seeking a dream beachfront restaurant location.

    Property Features for 269 Commercial St

    General Information

    Property type
    Other commercial real estate
    Square Feet
    9,575 SF
    Lot Size
    3,049 SF

    Building Details

    Year Built
    1890
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Tin Pan Alley New American Restaurant Sargent's Wharf Parking ... Parking Lot

    Suggested Use

    Law Firm Realty agency Dental Office Spa & Massage Hair Salon Restaurant Nail Salon Building Supply Gym & Fitness Accounting Firm

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Provincetown
    County
    Barnstable
    State
    Massachusetts
    Longitude
    -70.18708
    Latitude
    42.05085

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    FAQs

    What type of property is this?
    Commercial real estate - Prime Location, Mixed-Use, Turnkey Business
    Where is this commercial real estate located?
    The property is located at 269 Commercial St Provincetown, MA.
    (508) 815-5700
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

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    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    269 Commercial St Provincetown, MA 02657
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