Freestanding Retail
322 Commercial Street G, Provincetown, MA 02657
For Sale
New
Contact for pricing
The compact storefront sits within a historic property on Commercial Street, among shops and restaurants.
Property Size4,441 SF
Price / SF$74
Days on Market2
Property Features for 322 Commercial Street G
General Information
Standard status
Size
Property subtype
Zoning
Taxes and HOA fees
Annual Taxes
Building Details
Building Size
Year Built
Stories
Listing Agency:
Classic Cape Real Estate, LLC
Listed By:
Ken Hager
(508) 737-9974
Source:
Link.flexmls
Added: Nov 12
Last Checked: Nov 12 at 2:39PM
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 Classic Cape Real Estate, LLC
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 retail space occupies a freestanding structure on a historic property. The approximately 250-square-foot unit is zoned TCC and was built in 1940.
The property is on Commercial Street in Provincetown, between Freeman and Standish Streets. Shops and restaurants surround the site, with foot traffic throughout the day and evening.
The property is on Commercial Street in Provincetown, between Freeman and Standish Streets. Shops and restaurants surround the site, with foot traffic throughout the day and evening.
Key Highlights
- Approximately 250 square feet of retail space
- Freestanding structure on a historic property
- Commercial Street location between Freeman and Standish Streets
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$5,135
Suggested Prices Based on Cap Rates
Cap Rate 5%
$102,700
$102.7K
Cap Rate 7%
$73,357
$73.4K
Cap Rate 9%
$57,056
$57.1K
Market Conditions
NOI Build-Up for 250 SF
Gross rent
$7.5K $30.00/SF
− Vacancy
−$165 −$0.66/SF
EGI
$7.3K $29.34/SF
− OpEx
−$2.2K −$8.80/SF
NOI
$5.1K $20.54/SF
Area
Barnstable County, MA
Vacancy
2.20%
Lease Rate
$30.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$102,700
Cap Rate 7%
$73,357
Cap Rate 9%
$57,056
Alternative Uses
Best Use
Retail
$73.4K
$64.2K – $85.6K
NOI $5,135 @ 7.0% cap · market cap 27.76%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$101.9K
$89.1K – $118.9K
NOI $7,131 @ 7.0% cap
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,249
Businesses Nearby
Explore this area
Business Placement
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
$769,500
Median Home Value
Market
Average Price Trend$/SF for Retail space in Provincetown, MA
Properties on Market for Retail space in Provincetown
Vacancy Rate% for Retail in Northeast region
Frequently Asked Questions
What type of property is this?
Retail space - The compact storefront sits within a historic property on Commercial Street, among shops and restaurants.
Where is this retail space located?
The property is located at 322 Commercial Street G Provincetown, MA.
What are key features of this property?
This property features: Approximately 250 square feet of retail space; Freestanding structure on a historic property; Commercial Street location between Freeman and Standish Streets
