Waterfront Restaurant with Full
For Lease
$2,275,000
539 Commercial Street Unit 1, Provincetown, MA 02657
Year-round restaurant with multiple dining rooms, basement storage, and exclusive on-site parking rights.
Space SizeContact for details
Property Size3,618 SF
Days on Market52
Property Features for 539 Commercial Street Unit 1
General Information
Standard status
Active
Size
3,618 SF
Total Parking Spaces
9
Property subtype
Commercial
Zoning
R3
Additional Details
Space Use
Restaurant
Amenities
waterfront
full bar
Building Details
Year Built
1900
Units
7
Listing Agency:
Gibson Sotheby's International Realty
Listed By:
Iskren ''Isi'' Georgiev
Source:
Capecodtoday
Added: Jul 10
Changed: Aug 29
Last Checked: Aug 29 at 1:02PM
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 year-round restaurant occupies approximately 3,618 square feet, including basement storage, within a waterfront setting. The layout includes three separate dining rooms, a full bar, and seating authorization for 126 guests. Dining areas comprise a 50-seat waterfront room, a 26-seat bar-room section, and a street-front room with 50 seats.
The property is part of a Provincetown East End condominium association and includes exclusive rights to use nine parking spaces. The restaurant has been operated by the current owner for 25 years and was built in 1900. The R3-zoned property is offered without rights to use the Fanizzi’s name.
The property is part of a Provincetown East End condominium association and includes exclusive rights to use nine parking spaces. The restaurant has been operated by the current owner for 25 years and was built in 1900. The R3-zoned property is offered without rights to use the Fanizzi’s name.
Key Highlights
- Waterfront restaurant licensed for 126 seats with a full bar
- Approximately 3,618 sq. ft. including basement storage
- Three dining rooms: 50‑seat waterfront, 26‑seat bar room, and 50‑seat street‑front room
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
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 - Year-round restaurant with multiple dining rooms, basement storage, and exclusive on-site parking rights.
Where is this conventional restaurant located?
The property is located at 539 Commercial Street Unit 1 Provincetown, MA.
What is the lease rate?
The lease rate is $2,275,000.
What are key features of this property?
This property features: Waterfront restaurant licensed for 126 seats with a full bar; Approximately 3,618 sq. ft. including basement storage; Three dining rooms: 50‑seat waterfront, 26‑seat bar room, and 50‑seat street‑front room
