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Retail Space with Harbor-Facing Deck
For Sale
$595,000

193 Commercial Street, Provincetown, MA 02657

Commercial Sale, Provincetown, MA

Property Size1,450 SF
Lot Size0.32 Acres
Price / SF$410.34
Days on Market95

Property Features for 193 Commercial Street

General Information

Property type Commercial Sale
Property subtype Other
Zoning description TCC
Appliances Water Heater
View Harbor
Directions Bradford St to Carver St. Right on Commercial St. 193 Commercial St is on your left.
Subdivision Provincetown
Standard status Active
APN PROV M:11-1 B: L:6-1-06A
Size 1,450 SF
Lot size 0.32 Acres

Taxes and HOA fees

Tax Year 2026
Tax Annual Amount 1548

Utilities

Sewer type Public Sewer
Cooling system Wall Unit(s)
Water source Public
Water front 1

Amenities

private harbor-facing deck
French doors
dual private entrances

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
Listed By: Max Cliggott-Perlt
Added: Jul 27 Changed: Oct 8 Last Checked: Oct 29 at 1:06PM
MLS# 22603622

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.

Rey
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This 1,450-square-foot retail property comprises two connected commercial suites currently arranged as gallery spaces. The open interiors feature white walls, track lighting, vinyl flooring, wall-unit cooling, and separate access points. Unit A provides street-facing exposure through two sets of French doors, while Unit B connects to a private deck oriented toward Provincetown Harbor. A front entrance and rear stairwell create additional flexibility for future interior planning, subject to town review and buyer verification of use compliance.

Constructed in 1899, the property has shingle siding, an asphalt roof, public water, and public sewer. It is located at 193 Commercial Street in Provincetown, with the two-suite layout supporting office, retail, gallery, or other creative applications identified for the space.

Key Highlights

  • 1,450‑square‑foot retail property configured as two connected commercial suites
  • Unit A measures 955 sq. ft. and fronts Commercial Street with two sets of French doors
  • Unit B measures 495 sq. ft. and opens onto a private harbor‑facing deck

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$30,485
Cap Rate
5.12%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$609,700 $609.7K
Cap Rate 7%
$435,500 $435.5K
Cap Rate 9%
$338,722 $338.7K
Market Conditions
NOI Build-Up for 1,450 SF
Gross rent
$50.8K $35.04/SF
− Vacancy
−$10.2K −$7.01/SF
EGI
$40.6K $28.03/SF
− OpEx
−$10.2K −$7.01/SF
NOI
$30.5K $21.02/SF
Area
Barnstable County, MA
Vacancy
20.00%
Lease Rate
$35.04 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$609,700
Cap Rate 7%
$435,500
Cap Rate 9%
$338,722

Alternative Uses

Best Use
Office B
$435.5K
$381.1K – $508.1K (±1% cap)
NOI $30,485 @ 7.0% cap · market cap 5.12%
Second Best
Retail
$425.4K
$372.3K – $496.3K (±1% cap)
NOI $29,780 @ 7.0% cap · market cap 5.01%
Theoretical Best
Office A
$590.9K
$517.0K – $689.4K (±1% cap)
NOI $41,362 @ 7.0% cap · market cap 6.95%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Roots Home & Gift (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Auto Repair Shop HVAC Service Dental Office Electrical Service Big Box & Wholesale Store Building Supply

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

1,262
Businesses Nearby

Demographics for 02657, MA

3,664
Population
4,778
Households
0.8
Avg Household Size
58
Median Age
61%
College-Educated
96%
High-School Grad
9.7 sq mi
ZIP Area
378
Density / Sq Mi
$104,500
Median Household Income
$54,784
Median Earnings
$1,306
Median Rent
$769,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025

Frequently Asked Questions

What type of property is this?
Retail space - Two connected commercial suites offer flexible gallery, office, retail, and creative-use configurations.
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 $595,000.
What are key features of this property?
This property features: 1,450‑square‑foot retail property configured as two connected commercial suites; Unit A measures 955 sq. ft. and fronts Commercial Street with two sets of French doors; Unit B measures 495 sq. ft. and opens onto a private harbor‑facing deck
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