Retail Storefront
193 Commercial Street Provincetown, MA 02657
New
For Sale
$975,000
COMMERCIAL - Provincetown, MA
Property Size1,548 SF
Lot Size0.32 Acres
Price / SF$629.84
Days on Market2
Property Features for 193 Commercial Street
General Information
Property type
Commercial Sale
Property subtype
Retail
Basement
Partial
Appliances
Water Heater
Standard status
Active
APN
PROV M:11-1 B: L:6-1-001
Size
1,548 SF
Lot size
0.32 Acres
Taxes and HOA fees
Tax Year
2026
Tax Annual Amount
6312
Utilities
Sewer type
Public Sewer
Cooling system
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 1:06AM
MLS# 22603621
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.
This retail storefront condominium is configured as a single leased unit and includes valuable basement storage. The property is currently operating under lease to Roots, a home decor and gift boutique.
Located at 193 Commercial Street in the downtown area of Provincetown, the space is positioned within the town’s established commercial district.
The offering includes a 1,548-square-foot retail space and sits on a 0.32-acre lot.
Located at 193 Commercial Street in the downtown area of Provincetown, the space is positioned within the town’s established commercial district.
The offering includes a 1,548-square-foot retail space and sits on a 0.32-acre lot.
Key Highlights
- Well‑established downtown Provincetown retail condominium currently operating as a single unit
- Leased space home to Roots, a home decor and gift boutique
- Includes basement storage
Financial Insights For Retail
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 | $46.4k | $30.00 |
| − Vacancy | −$1.0k | −$0.66 |
| EGI | $45.4k | $29.34 |
| − OpEx | −$13.6k | −$8.80 |
| NOI | $31.8k | $20.54 |
1,548 SF · lease $30.00/SF/yr · vacancy 2.20% · expense 30.00%
Alternative Uses
Best Use
Retail
$454.2K
$397.4K – $529.9K
NOI $31,793 @ 7.0% cap · market cap 3.26%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$630.8K
$552.0K – $736.0K
NOI $44,157 @ 7.0% cap · market cap 4.53%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Similar Off Market Nearby
- Provincetown Florist — 281 Commercial St #3, Provincetown, MA 02657
- Stop & Shop Florist — Provincetown, MA 02657
- Heavy Petal — 136 Commercial St, Provincetown, MA 02657
Frequently Asked Questions
What type of property is this?
Storefront property - Leased retail condominium operating as a single unit with basement storage in downtown Provincetown.
Where is this storefront property located?
The property is located at 193 Commercial Street Provincetown, MA.
What is the asking price?
The asking price for this property is $975,000.
What are key features of this property?
This property features: Well‑established downtown Provincetown retail condominium currently operating as a single unit; Leased space home to Roots, a home decor and gift boutique; Includes basement storage
