Provincetown Mixed-Use Buildings For
294 Commercial Street, Provincetown, MA 02657
Two mixed-use buildings with commercial space and residential units.
Type:Commercial/Industrial
Property size:
5,443 SFLot size:
0.08 AcresPrice / SF:
$642/SF- Added:
- Mar 24, 2026
- Days on Market:
- 60
- Last Refresh:
- Feb 11 at 9:27 am
Property Features for 294 Commercial Street
General Information
- Standard status
- Active
- Size
- 5,443 SF
- Lot size
- 0.08 Acres
- Property subtype
- Commercial/Industrial
Building Details
- Year Built
- 1880
Listing agent Joel J Harms License #134416
Listing office William Raveis Real Estate & Home Services (508) 487-4005
Listing date Mar 24, 2026
Source Exitrealty
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of William Raveis Real Estate & Home Services
HighLights
- Prime downtown Provincetown location in the commercial district.
- Significant income potential with $300,000+ gross annual rental income and a 5.5% cap rate.
- Two mixed‑use buildings with a total of 10 bedrooms and 6 bathrooms.
- Includes a ground floor retail space (approx. 1500sf) with a long‑term tenant history (36+ years).
- Multiple renovated units and recent updates to plumbing, heating, cooling, and roof.
- Two‑car garage included.
Overview
Two mixed-use buildings, offered for sale, feature a combined 10 bedrooms and 6 baths, along with a commercial space. The property is located in the heart of Provincetown's downtown commercial district. One building includes a ground floor retail space of approximately 1500 square feet, which has been occupied by Coconuts Sunglasses for over 36 years. The second floor of this building is a newly renovated 1288 square foot unit with 3 bedrooms and 1 bath. A separate coin-operated laundry room is available for all apartments. The top floor contains an 870 square foot unit with 2 bedrooms, 1 bath, and a large sun deck. The second building comprises a 240 square foot studio, two 1-bedroom, 1-bath units of 372 and 520 square feet respectively, and a 605 square foot 2-bedroom, 1-bath unit, as well as a two-car garage. The property, with a total size of 5443 square feet, is being sold AS IS. The property generates a gross rental income of over $300,000 across all units, primarily through short-term rentals, with a cap rate of 5.5%. Plumbing, heating, and cooling have been updated, and a new roof has been installed on the front building. Furnishings are negotiable. The sewer betterment has been paid in full.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Coconuts Sunglasses
Ophthalmologist
Location Insight
- Map
- Local Demand
- City
- Provincetown
- County
- Barnstable
- State
- Massachusetts
- Longitude
- -70.186339
- Latitude
- 42.0516692
Nearby Similar for Sale
FAQs
What type of property is this?
Mixed-use property - Two mixed-use buildings with commercial space and residential units.
Where is this mixed-use property located?
The property is located at 294 Commercial Street Provincetown, MA.
What is the asking price?
The asking price for this property is $3,499,000.
What are key features of this property?
This property features: Prime downtown Provincetown location in the commercial district.; Significant income potential with $300,000+ gross annual rental income and a 5.5% cap rate.; Two mixed‑use buildings with a total of 10 bedrooms and 6 bathrooms.
