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Property profile & analytics
OFF-MARKET
Commercial real estate

43 Race Pt Rd N N Ste Provincetown, MA 02657-1522

176 SF 1.58 ac lot Built 1990
Entity Owned 17-yr Hold Free & Clear
Property ID
US38-1616778
Property summary
AI-generated overview

Cosmos Catering, a well-established Provincetown catering and event planning business, presents an exceptional opportunity for acquisition. This turnkey operation boasts over 20 years of success, specializing in off-site catering for a diverse clientele, ranging from casual gatherings to elegant weddings. The business operates from a 1,087-square-foot commercial condo at 43 Race Point Road, featuring a large commercial kitchen, ample on-site storage, a dedicated office space, and convenient parking for both staff and clients. A key component of the business is "Cosmos To Go," offering a selection of the catering menu for lunch, enjoyed either on-site in the outdoor picnic area or as takeout. The sale includes the established business, all equipment, existing inventory, building improvements, valuable recipes, company vehicles, the website, and the well-recognized brand name. Financial records demonstrate a strong and loyal customer base. Favorable lease terms are in place, making this a truly compelling opportunity for experienced caterers or aspiring restauranteurs seeking a ready-made, successful business. This is a rare chance to acquire a well-regarded, profitable business with a proven track record and significant growth potential. The 1.58-acre lot provides ample space for operations and potential expansion. This is a must-see opportunity for anyone looking to enter or expand within the thriving Provincetown hospitality market.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1990
Construction FRAME
Total area 176 SF
Lot 1.58 ac (68,800 SF)
Zoning code RES3
APN PROV M:9-2 P:23 E:5-00N
UPID US38-1616778
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
  • Reid Robin B Law Firm
  • Peters Property Management Property Management Company
  • Cosmos To Go Take-out & Catering Catering Service
  • Garden Renovations Nursery Garden Center Landscaping
  • Pride Taxi Courier Service
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Garden Renovations LLC · 17 yrs held
Garden Renovations LLC
since 2009
3 recorded transactions
2009
$1
2008
$200,000
1969
Price N/A
Zoning & alternative use
RES3 · Provincetown, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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