Waterfront Restaurant Opportunity in
For Sale
$2,275,000
539 Commercial St Unit 1, Provincetown, MA 02657
Beloved waterfront restaurant for sale in Provincetown, Massachusetts.
Property Size3,618 SF
Lot Size0.14 Acres
Price / SF$628.80
Days on Market153
Property Features for 539 Commercial St Unit 1
General Information
Standard status
Active
Size
3,618 SF
Lot size
0.14 Acres
Property subtype
Commercial
Taxes and HOA fees
Annual Taxes
$8,027
Building Details
Year Built
1900
Listing Agency:
Gibson Sotheby's International Realty
(774) 212-5532
Listed By:
Iskren Georgiev · License #9539169
(774) 212-5532
Source:
Elliman
Added: Mar 10
Changed: Aug 8
Last Checked: Aug 8 at 2:05PM
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 Gibson Sotheby's International Realty
Investment Insights
Based on property information with market context.
This is an opportunity to purchase a popular waterfront restaurant in Provincetown. The full-service establishment has been operated year-round by the current owner for 25 years. The restaurant is licensed for 126 seats and includes a full bar. The total area is approximately 3,618 square feet, including basement storage. The establishment features three distinct dining rooms: a 50-seat room directly on the water, a 26-seat area in the bar room, and a street-front room accommodating 50 seats. The restaurant is located in the East End of Provincetown within a stable condominium association. The property includes exclusive rights to use nine parking spaces. Note that the offering does not include the right to use the name 'Fanizzi's'. Seller welcomes offers with requests for buyer concessions.
Key Highlights
- Prime waterfront location with a 50‑seat dining room directly on the water.
- Full‑service restaurant with a full bar and a license for 126 seats.
- Established business with 25 years of operation under the current owner.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
456
Businesses Nearby
Under-served
Demand for This Use
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
Vacancy Rate% for Retail in Northeast region
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Frequently Asked Questions
What type of property is this?
Conventional restaurant - Beloved waterfront restaurant for sale in Provincetown, Massachusetts.
Where is this conventional restaurant located?
The property is located at 539 Commercial St Unit 1 Provincetown, MA.
What is the asking price?
The asking price for this property is $2,275,000.
What are key features of this property?
This property features: Prime waterfront location with a **50‑seat dining room directly on the water.**; Full‑service restaurant with a full bar and a license for 126 seats.; Established business with 25 years of operation under the current owner.
