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Property profile & analytics
FOR SALE
Commercial real estate

269 Commercial St Provincetown, MA 02657

9,575 SF Built 1890
Entity Owned 3-yr Hold
Property ID
US38-2552951
Property summary
AI-generated overview

Center of Town, Mixed Use Waterfront Property in Provincetown overlooking Provincetown Harbor is now available for sale. The sale includes the business and real estate. 269 -271 Commercial Street sits directly across from Town Hall in the absolute center of the Provincetown market. The sale includes the land, building, improvements, business, equipment and brand known as Tin Pan Alley Restaurant. The first floor consists of a full service restaurant with multiple seating areas, front bar / entertainment area and commercial kitchen. The second and third floors consist of a four bedroom residence. The 3,427 square foot building is situated on a 3,255 square foot lot. The property enjoys its location with the benefit of high foot and vehicle traffic. Substantial improvements including but not limited to mechanicals, new grease interceptor, windows, convection oven, boiler / heating system, roof and much much more! Strong financials, location, signage, frontage, and condition make this a MUST SEE for anyone looking for their DREAM Beachfront Restaurant location in Provincetown. Live, Work and Play at your waterfront property! Or purchase and lease out for a passive income investment!

Property profile
Verified
Property type Commercial real estate
Year built 1890
Total area 9,575 SF
UPID US38-2552951
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Tin Pan Alley Restaurant
  • Sargent's Wharf Parking Lot Parking Lot & Garage
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Peggy Holdings LLC · 3 yrs held
Peggy Holdings LLC
since 2023
2 recorded transactions
2023
$2.5M
2023
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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