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Historic Residential Income Property
For Lease
$2,949,000

54 Commercial Street UNIT 3, Provincetown, MA 02657

Four-bedroom condominium residence with bay views, private outdoor space, and two assigned parking spaces.

Space SizeContact for details
Days on Market52

Property Features for 54 Commercial Street UNIT 3

General Information

Standard status Active
Total Parking Spaces 2
Property subtype Commercial
Zoning RES2

Additional Details

Available From Immediate

Building Details

Year Built 1850
Listing Agency: SeasCape Realty, Inc.
Listed By: Stephen M Briscoe · License #9502683
Source: Capecodtoday
Added: Jul 10 Changed: Aug 30 Last Checked: Aug 30 at 12:54PM

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 SeasCape Realty, Inc.

Investment Insights

Based on property information with market context.

This historic condominium residence at 54 Commercial Street includes 4 bedrooms and 3.5 baths across a spacious layout. The main level features a dining room with gas fireplace, updated kitchen, fireplaced living room, entry hall, half bath, and an additional bedroom currently used as a lounge. Upstairs, three ensuite bedrooms connect through a central hall, with two positioned toward the bay.

Outdoor areas include a private enclosed patio with an outdoor shower and a broad terraced stone porch overlooking the water. Wide pine flooring and mature flowering shrubs add character throughout the property. Two assigned parking spaces are included. The adjacent two-room condominium, #6, is also available and may be reconnected with this unit to create a combined five-bedroom residence with two kitchens. The property was built in 1850.

Key Highlights

  • 4‑bedroom, 3.5‑bath condominium residence
  • Bay views from the property, including two upstairs bedrooms facing the bay
  • Private enclosed patio with outdoor shower

Property Analytics

Current Use

Residential income properties

Suggested Use

Top Pick Dental Office Auto Repair Shop (Bike/Boat/Book/etc) Store Storage Facility Skin Care Clinic Home Appliance Store

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

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

559
Businesses Nearby

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
Rey
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Frequently Asked Questions

What type of property is this?
Residential income property - Four-bedroom condominium residence with bay views, private outdoor space, and two assigned parking spaces.
Where is this residential income property located?
The property is located at 54 Commercial Street UNIT 3 Provincetown, MA.
What is the lease rate?
The lease rate is $2,949,000.
What are key features of this property?
This property features: 4‑bedroom, 3.5‑bath condominium residence; Bay views from the property, including two upstairs bedrooms facing the bay; Private enclosed patio with outdoor shower
More about this property
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