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Property profile & analytics
OFF-MARKET Estimated value $2,500,000
Investment properties

265 Commercial St 267 Provincetown, MA 02657-2201

6,148 SF 0.09 ac lot Built 1900
Entity Owned 3-yr Hold ~ Est. High Equity
Property ID
US38-1536241
Property summary
AI-generated overview

This exceptional 6,148 square foot retail space, located at 265 Commercial Street, offers a unique opportunity for a discerning tenant. Currently configured as a restaurant, this single-tenant property boasts a prime location directly across from Provincetown Town Hall, ensuring high visibility and foot traffic. The space extends from Commercial Street to the waterfront, providing unparalleled exposure and a captivating setting. With a generous 3,047 square feet facing Commercial Street and an additional rear area, this property presents versatile options for a variety of businesses. The 0.09-acre lot is ideally situated within easy walking distance of the US Post Office, banks, numerous restaurants, shops, a grocery store, whale watching tours, and the Boston Ferry Service. High vehicular and pedestrian traffic counts make this an unparalleled location for any retailer seeking to establish or expand their presence in Provincetown. Floor plans are available upon request for qualified tenants. The property's prominent signage opportunities, street frontage, and excellent condition further enhance its appeal. Available for occupancy January 1, 2024. This is a truly exceptional opportunity in a highly sought-after location. The APN is 11-3-23-0.

Property profile
Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Year built 1900
Construction FRAME
Total area 6,148 SF
Lot 0.09 ac (4,008 SF)
Zoning code TCC
APN PROV M:11-3 P:24
UPID US38-1536241
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$2.40M
CAP Approach CAP
by Request
Comparable Approach Comparable
$3.31M
Blend (final) Blend
$2.50M
Owner & transaction history
265 Commercial LLC · 3 yrs held
265 Commercial LLC
since 2023
Last sale
$2.8M
7 recorded transactions
2023
$2.8M
2021
Price N/A
2019
Price N/A
2019
Price N/A
2019
Price N/A
2011
$1
2010
Price N/A
Zoning & alternative use
TCC · Provincetown, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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