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    179 Commercial St Provincetown, MA 02657

    For Sale
    Contact for pricing

    Iconic Restaurant, Prime Location, High Growth Potential.

    Property size:
    1,082 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    307
    This exceptional opportunity presents the acquisition of Jimmy's Hideaway, a beloved Provincetown restaurant. Located at 179 Commercial Street, Unit U1, this thriving establishment boasts a prime waterfront location with high foot and vehicle traffic, ensuring consistent customer flow. The sale includes the 1,082 square foot commercial condo, all improvements, the established business, equipment, and the well-known Jimmy's Hideaway brand. The restaurant features three distinct interior dining rooms – a fireplace room, a bar room, and a high-top "moon room" – each offering a unique ambiance. An exclusive waterfront patio provides additional seating. The first floor encompasses a fully equipped commercial kitchen and the main dining area. Significant recent upgrades include new mechanical systems, a grease interceptor, refrigeration units, heating and cooling systems, and more. This turnkey operation is a favorite among locals and tourists alike, presenting strong growth potential. The 0.08-acre property is situated in a highly desirable area, making this a truly remarkable investment opportunity to own a piece of Provincetown's vibrant culinary scene. Make 2025 the year your dream becomes a reality.

    Property Features for 179 Commercial St

    General Information

    Property type
    Other commercial real estate
    Square Feet
    1,082 SF
    Lot Size
    3,485 SF

    Building Details

    Year Built
    1900
    Location Intelligence

    Current Use by Public Records

    Jimmy's HideAway New American Restaurant Scott Dinsmore Antiques Antique Store

    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
    -70.18935
    Latitude
    42.0481

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    FAQs

    What type of property is this?
    Commercial real estate - Iconic Restaurant, Prime Location, High Growth Potential.
    Where is this commercial real estate located?
    The property is located at 179 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.

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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
    179 Commercial St Provincetown, MA 02657
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