Multi-Level Retail and Office
193 Commercial Street Provincetown, MA 02657
New
For Sale
$1,525,000
COMMERCIAL - Provincetown, MA
Property Size2,998 SF
Lot Size0.32 Acres
Price / SF$508.67
Days on Market2
Property Features for 193 Commercial Street
General Information
Property type
Commercial Sale
Property subtype
Other
Basement
Partial
Appliances
Water Heater
Standard status
Active
APN
PROV M:11-1 B: L:6-1-001
Size
2,998 SF
Lot size
0.32 Acres
Taxes and HOA fees
Tax Year
8895
Tax Annual Amount
2026
Utilities
Sewer type
Public Sewer
Heating system
Forced Air
Cooling system
Central Air, Wall Unit(s)
Water source
Public
Water front
1
Building Details
Year built
1899
Floors in Building
2
Flooring type
Vinyl
Building materials
Shingle Siding
Roof type
Asphalt
Listing Agency:
Berkshire Hathaway HomeServices Robert Paul Properties
(508) 487-3020
Listed By:
Max Cliggott-Perlt
(774) 538-9445
Added: Jul 27
Last Checked: Jul 28 at 2:06AM
MLS# 22603620
Copyright © 2026 Cape Cod & Islands Association of REALTORS®, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Located at 193 Commercial Street in Provincetown, this multi-level commercial building offers approximately 2,998 square feet of versatile space. The ground floor is configured as a single retail storefront with valuable basement storage. Upstairs, approximately 1,450 square feet includes two bright, connected commercial spaces with modern finishes, French doors overlooking Commercial Street, and a harbor-view deck.
A notable architectural feature is independent front and rear stairwells, providing flexibility in how the space can be arranged and accessed. This setup can support a range of occupancy plans, including retail, office, creative use, or an owner-user configuration.
The property is presented for sale and highlights both street-facing storefront presence and functional upstairs layout for additional commercial operations.
A notable architectural feature is independent front and rear stairwells, providing flexibility in how the space can be arranged and accessed. This setup can support a range of occupancy plans, including retail, office, creative use, or an owner-user configuration.
The property is presented for sale and highlights both street-facing storefront presence and functional upstairs layout for additional commercial operations.
Key Highlights
- 2,998 SF multi‑level commercial building with retail storefront plus upstairs commercial spaces
- Ground floor: established single retail unit with valuable basement storage
- Upstairs: approx. 1,450 SF with two connected commercial spaces and modern finishes
Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $105.0k | $35.04 |
| − Vacancy | −$21.0k | −$7.01 |
| EGI | $84.0k | $28.03 |
| − OpEx | −$21.0k | −$7.01 |
| NOI | $63.0k | $21.02 |
2,998 SF · lease $35.04/SF/yr · vacancy 20.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$900.4K
$787.9K – $1.05M
NOI $63,030 @ 7.0% cap · market cap 4.13%
Second Best
Retail
$879.6K
$769.7K – $1.03M
NOI $61,573 @ 7.0% cap · market cap 4.04%
Theoretical Best
Office A
$1.22M
$1.07M – $1.43M
NOI $85,519 @ 7.0% cap · market cap 5.61%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Retail space - Multi-level building with ground-floor retail storefront, connected upstairs spaces, and a harbor-view deck in Provincetown.
Where is this retail space located?
The property is located at 193 Commercial Street Provincetown, MA.
What is the asking price?
The asking price for this property is $1,525,000.
What are key features of this property?
This property features: 2,998 SF multi‑level commercial building with retail storefront plus upstairs commercial spaces; Ground floor: established single retail unit with valuable basement storage; Upstairs: approx. 1,450 SF with two connected commercial spaces and modern finishes
