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    193 Commercial St Provincetown, MA 02657

    Sponsored
    For Sale
    $895,000

    Two Adjoining Spaces, Harbor Views

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    396
    This exceptional commercial property at 193 Commercial Street in Provincetown, Massachusetts, presents a unique investment opportunity. Priced at $895,000, this special purpose property boasts two adjoining units totaling 1450 square feet on a 13,939 square foot lot. Built in 1899, the property offers a blend of historic charm and modern aesthetics. Unit A, located on Commercial Street, comprises 955 square feet and features attractive French doors, ideal for maximizing street-level visibility and foot traffic. This unit benefits from an open layout, abundant natural light, white walls, and track lighting, creating an inviting atmosphere perfect for retail or creative businesses. Unit B, a 495 square foot space situated at the rear of the building, offers a unique advantage: a private deck overlooking Provincetown Harbor, providing stunning water views. The open floor plan throughout both units allows for versatile use and customization. The property's central location in Provincetown's vibrant downtown area ensures high visibility and accessibility. This property is ready for immediate occupancy and presents a rare chance to own a piece of Provincetown's rich history while capitalizing on its thriving commercial landscape. The zip code is 02657. The property is located in Barnstable County.

    Property Features for 193 Commercial St

    General Information

    Property type
    Specialty properties

    Building Details

    Year Built
    1899

    HighLights

    • $895,000 asking price.
    • Special purpose property.
    • 1899 construction.
    • 13,939 square foot lot.
    • Located at 193 Commercial Street, Provincetown, MA 02657.
    • Two adjoining commercial units totaling 1450 square feet, currently used as gallery space.
    Property Profile Location Intelligence

    Current Use by Public Records

    Roots Home & Gift Gift Shop

    Suggested Use

    Law Firm Realty agency Dental Office Spa & Massage Hair Salon Restaurant Nail Salon Building Supply Gym & Fitness Accounting Firm

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Provincetown
    County
    Barnstable
    State
    Massachusetts
    Longitude
    -70.1890321
    Latitude
    42.0486937

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    FAQs

    What type of property is this?
    Specialty property - Two Adjoining Spaces, Harbor Views
    Where is this specialty property located?
    The property is located at 193 Commercial St Provincetown, MA.
    What is the asking price?
    The asking price for this property is $895,000.
    What are key features of this property?
    This property features: $895,000 asking price.; Special purpose property.; 1899 construction.
    Request Owner's contact information
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    193 Commercial St Provincetown, MA 02657
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