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Waterfront Restaurant with Bay Views
For Sale
$2,665,000

539 unit 1 E Commercial Street, Provincetown, MA 02657

Commercial Sale, Provincetown, MA

Property Size3,618 SF
Lot Size0.14 Acres
Price / SF$736.59
Days on Market26

Property Features for 539 unit 1 E Commercial Street

General Information

Property type Commercial Sale
Property subtype Other
Zoning description RES3
Interior features High Speed Internet
Basement Full
Appliances Water Heater
Lot features Views, Level
View Harbor
Elementary school district Provincetown
Middle school district Provincetown
High school district Provincetown
Subdivision Provincetown
Standard status Active
APN PROV M:15-1 B: L:5--001
Size 3,618 SF
Lot size 0.14 Acres

Taxes and HOA fees

Tax Year 2026
Tax Annual Amount 8794

Utilities

Utilities Phone Available
Sewer type Public Sewer
Heating system Forced Air, Propane (Heating)
Cooling system Central Air
Water source Public
Water front 1

Building Details

Year built 1900
Floors in Building 1
Number of units 1
Flooring type Carpet, Tile, Concrete, Vinyl
Building materials Clapboard, Shingle Siding
Roof type Asbestos Shingle, Membrane, Flat
Listing Agency: The Realty Advisory Inc.
Listed By: Richard Catania
Added: Sep 15 Changed: Oct 9 Last Checked: Oct 10 at 2:06PM
MLS# 22605164

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.

Investment Insights

Based on property information with market context.

This year-round restaurant occupies a waterfront property on Commercial Street in Provincetown, with views across Cape Cod Bay. The offering combines the restaurant business and real estate with its alcohol license, furniture, fixtures, equipment, goodwill, and training. A usable basement adds 714 square feet of space.

The property contains 3,618 square feet on a 0.14-acre lot and was built in 1900. Interior finishes include carpet, tile, concrete, and vinyl flooring; building systems include forced-air propane heat and central air conditioning. Public water and sewer serve the property.

Key Highlights

  • Waterfront restaurant with views across Cape Cod Bay
  • Sale includes restaurant business, real estate, year‑round alcohol license, FF&E, goodwill, and training
  • Usable basement measuring 714 square feet

Property Analytics

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Current Use

Fanizzi’s Restaurant - Provincetown, ... Restaurant ATM Atm

Suggested Use

Top Pick HVAC Service Plumbing Service (Bike/Boat/Book/etc) Store Big Box & Wholesale Store Auto Repair Shop Butcher

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

Turnkey business
Opportunity
Yes
Liquor license

Location Intelligence

Trade Area within ½ mile

936
Businesses Nearby
Under-served
Demand for This Use

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
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Market

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - The sale includes the operating business, real estate, year-round alcohol license, furnishings, equipment, goodwill, and training.
Where is this conventional restaurant located?
The property is located at 539 unit 1 E Commercial Street Provincetown, MA.
What is the asking price?
The asking price for this property is $2,665,000.
What are key features of this property?
This property features: Waterfront restaurant with views across Cape Cod Bay; Sale includes restaurant business, real estate, year‑round alcohol license, FF&E, goodwill, and training; Usable basement measuring 714 square feet
More about this property
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